Ecuador: Coffee Annual
Ecuador’s coffee production in MY 2016/17 (April/March) is forecast at 201,000 bags (60-kg per bag) on a Green Bean Equivalent (GBE) basis, down 16,000 bags or seven percent lower from the MY 2015/16 (revised) estimate. FAS Quito is revising downward its MY 2015/16 production estimate to 217,000 bags; we are estimating production down 15 percent compared to MY 2014/15. Production is suffering due to lower yields as a result of a lack of investment in rejuvenating plantations. Coffee exports in MY 2016/17 are forecast at 595,000 bags GBE, down a whopping 246,000 bags or 29 percent compared to the MY 2015/16 (revised) estimate of 841,000 bags. Post is revising downward its MY 2015/16 coffee export estimate by 49,000 bags GBE or six percent lower compared to MY 2014/15 levels. Imports in MY 2016/17 are forecast at 638,000 bags, down 60,000 bags or nine percent lower compared to the MY 2015/16 (revised) estimate of 698,000 bags.
