Costa Rica espresso exports plunge 58%

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Costa Rica espresso exports plunge 58%

SAN JOSE, Nov 1 (Reuters) - Costa Rica's espresso exports fell 57.8% year-on-year in October, perse


SAN JOSE, Nov 1 (Reuters)Costa Rica’s espresso exports fell 57.8% year-on-year in October, persevering with a downward pattern, in accordance with knowledge launched by nationwide espresso institute ICAFE on Friday.

Costa Rica exported 9,204 60-kilogram luggage in October, the primary month of the espresso manufacturing season. The nation is one in all Central America’s smaller producers however identified for its high-quality beans.

“Sadly the harvest in Costa Rica continues the downward pattern,” mentioned Marco Araya, head of the ICAFE Market Analysis unit.

The espresso season in Central America and Mexico, which collectively produce a few fifth of the world’s arabica beans, runs from October via September.

Within the 2018-19 cycle, Costa Rica exported 1,073,690 luggage, down from 1,219,998 within the earlier cycle.

(Reporting by Alvaro Murillo; Modifying by Richard Chang)

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