Trade Statistics - December 2020
- This week the International Coffee Organization (ICO) convened the first-ever Coffee Public-Private Taskforce Meeting. High-level decision-makers from across the global coffee industry met to discuss action-orientated ways of addressing the key issues in the coffee sector such as persistently low coffee prices and the impact of covid-19.
- Attendance at annual Platform Meetings is free of charge for ico-D Members. Participation in the event by non-Members is possible for a fee, space permitting. The first Educational Platform Meeting took place on 23-24 August 2014 in Hong Kong, hosted by HKDI.
Education Icons - Download 146 Free Education icons @ IconArchive. Search more than 600,000 icons for Web & Desktop here. H-Education World ICO HCOIN details, token price, white paper, risk info, technical analysis, team, start and end dates, structure of tokens and bounty, exchanges. The ICO educational programme provides a conceptual basis and organizing framework with the aim of supporting PhD candidates to develop themselves to the highest possible level of professional researcher in the field of education and training. To this end, ICO establishes formal educational structures.
• World coffee exports amounted to 10.97 million bags in December 2020, compared with 10.81 million in December 2019.
• Exports in the first 3 months of coffee year 2020/21 (Oct/20 to Dec/20) have increased by 6.1% to 31.59 million bags compared to 29.78 million bags in the same period in 2019/20.
• In the twelve months ending December 2020, exports of Arabica totalled 81.17 million bags compared to 82.14 million bags last year; whereas Robusta exports amounted to 47.93 million bags compared to 49.56 million bags.
Find more facts and figures about Coffee Trade Statistics>>
Arabica prices rise in December
The ICO composite indicator in December increased by 4.6% to 114.74 US cents/lb as prices for Arabica group indicators increased. The largest increase occurred for Brazilian Naturals, which grew by 8% to 114.96 US cents/lb, which is the highest monthly average since December 2019 when they reached 126.36 US cents/lb. Colombian Milds rose by 5.7% to 170.44 US cents/lb and Other Milds by 4.7% to 157.81 US cents/lb, which are both higher than their average in December 2019. However, prices for Robusta fell by 0.5% to 72.04 US cents/lb. In the first two months of coffee year 2020/21, total exports were 6.5% higher at 20.2 million bags compared to the same period last year as shipments for all groups declined except Brazilian Naturals, which rose by 23.1% to 8.31 million bags. Likely due to the impact of the covid-19 pandemic, imports by ICO importing Members and the United States decreased by 4.5% to 129.98 million bags in coffee year 2019/20. While both green and roasted imports declined in coffee year 2019/20, imports of soluble coffee increased by 1% to 14.4 million bags. In coffee year 2019/20, re-exports by ICO importing Members and the United States rose by 0.4% to 46.93 million bags.
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Trade Statistics - November 2020
• World coffee exports amounted to 10.15 million bags in November 2020, compared with 9.6 million in November 2019.
• Exports in the first 2 months of coffee year 2020/21 (Oct/20 to Nov/20) have increased by 6.5% to 20.2 million bags compared to 18.97 million bags in the same period in 2019/20.
• In the twelve months ending November 2020, exports of Arabica totalled 79.81 million bags compared to 83.01 million bags last year; whereas Robusta exports amounted to 48.66 million bags compared to 48.72 million bags.
Find more facts and figures about Coffee Trade Statistics>>
November coffee prices rise on concerns over 2021 production
In November, the ICO composite indicator rose by 3.6% to 109.70 US cents/lb as prices for all group indicators increased, except Other Milds, which fell by 0.9% to 150.73 US cents/lb. World coffee production in coffee year 2019/20 decreased by 1.6% to 168.55 million bags as a consequence a 5.1% decline in Arabica output to 95.73 million bags, while Robusta production rose by 3.2% to 72.82 million bags. South America’s production fell by 4.6% to 78.87 million bags, due largely to the decline in Brazil’s Arabica output in the off-year of the biennial crop cycle. Production from Asia & Oceania grew by 4.1% to 50.07 million bags, due largely to the recovery of output in Indonesia and Viet Nam. Production in Central America & Mexico declined by 4.5% to 20.76 million bags, while Africa’s output remained stable at 18.86 million bags. World coffee production exceeded global consumption by 961,000 bags as world coffee demand decreased by 0.9% to 167.59 million bags.
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Trade Statistics - October 2020
• World coffee exports amounted to 9.67 million bags in October 2020, compared with 9.37 million in October 2019.
• In the twelve months ending October 2020, exports of Arabica totalled 78.46 million bags compared to 83.81 million bags last year; whereas Robusta exports amounted to 49.04 million bags compared to 48.65 million bags.
Find more facts and figures about Coffee Trade Statistics>>
Coffee Market Report: September 2020 coffee exports rise, but 2019/20 shipments fell 4.9%
The ICO composite indicator in October decreased by 8.9% to 105.85 US cents/lb as prices for all group indicators declined, though the largest decrease was for Brazilian Naturals. Global shipments in September increased by 0.9% to 10.16 million bags as increased Robusta exports offset a decline in Arabica exports. Exports in coffee year 2019/20 fell 4.9% to 126.9 million bags, and the value of these shipments decreased by 3.6% to 17.87 billion USD compared to coffee year 2018/19. Global coffee production in 2019/20 is estimated at 168.84 million bags, 2.5% lower than last year, while world coffee consumption is estimated to decrease by 0.9% to 167.59 million bags, resulting in a surplus of 1.24 million bags.
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Trade Statistics - September 2020
• World coffee exports amounted to 10.16 million bags in September 2020, compared with 10.08 million in September 2019.
• In the twelve months ending September 2020, exports of Arabica totalled 78.21 million bags compared to 84.08 million bags last year; whereas Robusta exports amounted to 48.69 million bags compared to 49.38 million bags.
Find more facts and figures about Coffee Trade Statistics>>
Coffee Year 2019/20 Ends in Surplus
Global coffee production in 2019/20 is estimated at 169.34 million bags, 2.2% lower than last year, as output of Arabica decreased by 5% to 95.99 million bags, while that of Robusta rose by 1.9% to 73.36 million bags. World coffee consumption is expected to decrease by 0.5% to 167.81 million bags as the covid-19 pandemic continues to put pressure on the global economy and greatly limits out-ofhome coffee consumption. As a result, coffee year 2019/20 is seen ending in a surplus of 1.54 million bags. This compares to a surplus of 4.4 million bags in 2018/19. The two consecutive surpluses have limited a recovery in prices, which remain below the long-term average of 135.34 US cents/lb between 2007 and 2018. The ICO composite indicator in September rose by 1.3% to 116.25 US cents/lb. It averaged 107.25 US cents/lb in coffee year 2019/20, 6.7% higher compared to 2018/19. All group indicator prices rose in September 2020 for the third consecutive month, with the largest increase occurring for Other Milds.
Trade Statistics - August 2020
• World coffee exports amounted to 10.04 million bags in August 2020, compared with 10.86 million in August 2019.
• Exports in the first 11 months of coffee year 2019/20 (Oct/19 to Aug/20) have decreased by 5.6% to 116.54 million bags compared to 123.44 million bags in the same period in 2018/19.
• In the twelve months ending August 2020, exports of Arabica totalled 78.36 million bags compared to 83.79 million bags last year; whereas Robusta exports amounted to 48.22 million bags compared to 49.32 million bags.
Find more facts and figures about Coffee Trade Statistics>>
Coffee Market Report August
The average of the ICO composite indicator in August rose by 10.7% to 114.78 US cents/lb. All group indicator prices rose in August 2020 for the second consecutive month with the largest increase occurring for Brazilian Naturals. In July 2020, world coffee exports fell by 11% to 10.61 million bags compared to July 2019, and Other Milds recorded the largest decrease. In the first ten months of coffee year 2019/20, global exports reached 106.59 million bags, 5.3% lower than the same period in 2018/19. World coffee production is estimated at 169.34 million bags in 2019/20, 2.2% lower than last year while global consumption is estimated to rise by 0.3% to 168.39 million bags in 2019/20. As a result, there is an estimated surplus of 952,000 bags.
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127th International Coffee Council
From September 2nd to 11th 2020 the ICO is hosting the 127th Session of the International Coffee Council. Please see the event website internationalcoffeecouncil.com for information on the Council Agenda, documents and technical guidance on how to join the virtual meetings. ICO Members are requested to register for the 127th ICC and associated meetings by sending their credentials to the ICO using the online form by Friday 28 August 2020. The ICO will use the details from your Credentials to automatically register you for the virtual meetings:. The meeting shall be held using the virtual meeting software Zoom. Find more information on the new event website>>
Trade Statistics - July 2020
• World coffee exports amounted to 10.61 million bags in July 2020, compared with 11.92 million in July 2019. .
• Exports in the first 10 months of coffee year 2019/20 (Oct/19 to Jul/20) have decreased by 5.3% to 106.59 million bags compared to 112.57 million bags in the same period in 2018/19. .
• In the twelve months ending July 2020, exports of Arabica totalled 78.92 million bags compared to 83.72 million bags last year; whereas Robusta exports amounted to 48.58 million bags compared to 49.59 million bags. . Find more facts and figures about Coffee Trade Statistics>>
Coffee Market Report July - Coffee prices rise in July after three months of decline
In July 2020, the ICO composite indicator increased by 4.7% to an average of 103.66 US cents/lb, following three months of declines. Prices for all coffee groups rose in July 2020, though the largest month-on-month increase occurred for Brazilian Naturals, which grew by 5.8% to 97.96 US cents/lb. Global exports in June 2020 amounted to 10.57 million bags, 5.3% lower than June 2019 while shipments in the first nine months of coffee year 2019/20 reached 95.36 million bags, 5.1% lower than the same period last year. The majority of coffee continues to be exported as green coffee, accounting for 90.4% of total coffee shipped between October 2019 and June 2020. Soluble coffee shipments accounted for 9.1%, of the total, an increase of 1 percentage point from one year ago, while roasted coffee shipments represented just 0.5%. A 2.9% decrease in global production to 168.01 million bags has contributed to the lower volume of shipments.
Find out more in the ICO's latest Coffee Market Report>>
Trade statistics - June 2020
World coffee exports amounted to 10.57 million bags in June 2020, compared with 11.15 million in June 2019. Exports in the first 9 months of coffee year 2019/20 (Oct/19 to Jun/20) have decreased by 5.1% to 95.36 million bags compared to 100.46 million bags in the same period in 2018/19. In the twelve months ending June 2020, exports of Arabica totalled 79 million bags compared to 82.72 million bags last year; whereas Robusta exports amounted to 49.35 million bags compared to 48.89 million bags. Find more facts and figures about Coffee Trade Statistics>>
Coffee prices fall for the third consecutive month
The ICO composite indicator decreased by 5.2% to an average of 99.05 US cents/lb in June 2020, which is the third consecutive month of decrease. Prices for all Arabica groups trended downward in June 2020, but the Robusta group indicator rose by 0.1% to 64.62 US cents/lb. The volatility of the ICO composite indicator decreased by 1.6 percentage points to 6.1% over the past month. World exports reached 10.49 million bags, 14.6% lower than in May 2019, but this is the third largest volume for May on record. Global shipments in the first eight months of coffee year 2019/20 have fallen by 4.7% to 87.96 million bags. According to recently released data for March 2020, imports by ICO importing Members and the United States increased by 5.1% to 11.76 million bags of which 8.25 million bags originated from exporting countries. In the first half of coffee year 2019/20, imports by ICO importing Members and the United States reached 64.22 million bags, 3.7% lower than in October 2018 to March 2019.
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ICO Release Coffee Break 3: Impact of covid-19 on the global coffee sector: Survey Exporting Members
The International Coffee Organization launched a survey on the impacts of covid-19 on exporting Member countries. The objective was to (i) assess the short- and long-term impact of covid-19 on their coffee sectors from farm to export gate and (ii) to identify mitigation measures and additional resources required.
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ICO holds first-ever Coffee Public-Private Task Force Meeting
This week the International Coffee Organization (ICO) convened the first-ever Coffee Public-Private Taskforce Meeting. High-level decision-makers from across the global coffee industry met to discuss action-orientated ways of addressing the key issues in the coffee sector such as persistently low coffee prices and the impact of covid-19. “We are here today because we all believe that only by working together – coffee exporting and importing countries, public and private sector, civil society and knowledge-based organizations - can we make the coffee sector resilient, sustainable and prosperous for all the parties involved parties. This is something no other commodity or industry has ever done: to start working together, public and private, on the same level of engagement and responsibility,” said Jose Sette, Executive Director of the ICO at the opening of the Task Force meeting.
Annual Review 2018/2019 'Addressing the Coffee Price Crisis'
The work of the ICO in coffee year 2018/19 has focused on responding to the strong demand by ICO Members and stakeholders to address the coffee price crisis.
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Arabica Group Prices Fall in May While Volatility Subsides
The ICO composite indicator decreased by 4.1% to an average of 104.45 US cents/lb in May 2020, which is the second consecutive month of decrease. While all Arabica groups trended downward in May 2020, the Robusta group indicator rose by 0.9% to 64.53 US cents/lb. The volatility of the ICO composite indicator decreased by 2.9 percentage points to 7.7% over the past month. In April 2020, world exports reached 10.82 million bags, 3.1% lower than the 11.17 million bags exported in April 2019. Global shipments in the first seven months of coffee year 2019/20 fell by 3.8% to 72.78 million bags. Exports from Africa increased by 7% to 7.66 million and from Asia & Oceania rose by 0.6% to 23.62 million bags in October 2019 to April 2020. During the same period, shipments from Central America & Mexico declined by 4.9% to 8.77 million bags and from South America by 8.6% to 32.74 million bags.
Find out more in the ICO's latest Coffee Market Report>>
Trade Statistics - April 2020
• World coffee exports amounted to 10.82 million bags in April 2020, compared with 11.17 million in April 2019.
• Exports in the first 7 months of coffee year 2019/20 (Oct/19 to Apr/20) have decreased by 3.8% to 72.78 million bags compared to 75.67 million bags in the same period in 2018/19.
• In the twelve months ending April 2020, exports of Arabica totalled 81.3 million bags compared to 80.75 million bags last year; whereas Robusta exports amounted to 47.65 million bags compared to 45.63 million bags. Find more facts and figures about Coffee Trade Statistics>>
ICO releases new report 'Volatile coffee prices: COVID-19 and market fundamentals'
ICO is releasing its second issue of the Coffee Break Series. The covid-19 pandemic is a dramatic public health crisis with significant impacts on economies around the world. This issue of the Coffee Break Series focuses on supply and demand side effects on coffee price volatility. The novel coronavirus represents an unprecedented joint supply and demand shock to the global coffee sector, constituting an enormous challenge to coffee growers, farm workers, domestic supply chains and international trade. The various supply and demand impacts will be felt at different points in time further contributing to global market uncertainties and the ongoing price volatility. The pandemic may also have major implications for poverty and food insecurity for the world’s 25 million coffee producers, most of whom are smallholders in low- and middle-income countries that are less prepared to respond to a public health crisis of this proportion. This publication is the first joint work with the International Food Policy Research Institute under a new collaboration that aims at leveraging ICO statistical data and in-house capacity for economic research.
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Coffee Group Prices Diverge in April While Volatility Increases
In April 2020, the ICO composite indicator decreased by 0.1% to 108.91 US cents/lb as prices for the Mild Arabica indicators rose while prices of Robusta and Brazilian Naturals fell. The volatility of the ICO composite indicator increased by 1 percentage point to 10.6% as the volatility of all group indicators grew in April 2020. Global exports fell by 3.7% to 11.06 million bags in March 2020 and shipments in the first six months of coffee year 2019/20 decreased by 3.9% to 61.96 million bags. In coffee year 2019/20, our estimate of global coffee consumption has been revised to 166.06 million bags, which represents an increase of 0.5% compared to 165.27 million bags in 2018/19. As a result, production is expected to exceed consumption by 1.95 million bags.
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Trade Statistics - March 2020
• World coffee exports amounted to 11.06 million bags in March 2020, compared with 11.49 million in March 2019.
• Exports in the first 6 months of coffee year 2019/20 (Oct/19 to Mar/20) have decreased by 3.9% to 61.96 million bags compared to 64.5 million bags in the same period in 2018/19.
• In the twelve months ending March 2020, exports of Arabica totalled 82.09 million bags compared to 79.9 million bags last year; whereas Robusta exports amounted to 47.76 million bags compared to 45.35 million bags. Find more facts and figures about Coffee Trade Statistics>>
Statement on the 127th Session of the International Coffee Council
The Executive Director presents his compliments and wishes to inform Members, observers and members of the Private Sector Consultative Board of the following: In the wake of the prevailing global pandemic of covid-19, the International Coffee Organization, in consultation with the India Coffee Board, India Coffee Trust, the Government of India and the Chair of the International Coffee Council, has decided to postpone both the 5th World Coffee Conference (WCC) and the 127th Session of the International Coffee Council and other ICO bodies until further notice. Both events were scheduled to be held from the 7-12th September 2020 in Bengaluru, India. We at the International Coffee Organization (ICO) are deeply concerned by health and economic crisis resulting from covid-19. The ICO is looking into alternative options for the core meetings of the Council and we will endeavour to update you as soon as possible. The Organization aims to serve our membership effectively while ensuring the health and safety of ICC participants and staff. The ICO remains fully committed to maintaining a productive dialogue with stakeholders and we are confident that our Member countries will be able to effectively engage on pressing issues impacting the global coffee sector at an alternative stage.
New Data on 'How Covid-19 Impacts Global Coffee Industry - Demand Side
The ICO has released the first issue of the new economic publication of the ICO: Coffee Break Series. The covid-19 pandemic is a dramatic public health crisis with significant impacts on economies around the world. This issue of the Coffee Break Series focuses on demand-side effects of the novel coronavirus (covid-19) pandemic, assessing the relationship between reduced economic growth and global coffee consumption. The impact of social distancing measures including the lockdown of large parts of the hospitality industry are discussed. Further analysis, in particular of the supply-side effect of the covid-19 pandemic, is necessary to understand the overall impact on the coffee sector and all actors along the global value chain. These effects will be assessed in future issues in the ICO Coffee Break Series.
Find out more here>>
Arabica Prices Rise in March While Robusta Falls
H Education World Icons
In March 2020, prices for all Arabica group indicators increased due to concerns over the availability of that type of coffee while Robusta prices fell by 0.9% to 67.46 US cents/lb. The ICO composite indicator reversed its downward trend, rising by 6.9% to 109.05 US cents/lb. Global exports in February 2020 totalled 11.11 million bags, compared with 10.83 million bags in February 2019, but shipments in the first five months of coffee year 2019/20 decreased by 3.4% to 50.97 million bags. In 2019/20, world coffee consumption is estimated at 169.34 million bags, 0.7% higher than in 2018/19 as Covid-19 presents considerable downside risk to global coffee consumption. Currently demand is estimated to exceed production, projected at 168.86 million bags, by 0.47 million bags in coffee year 2019/20. However, the situation is evolving quickly and impacting both supply and demand. The Secretariat is closely monitoring the situation and will keep its Members and the wider coffee sector informed as new information and analysis becomes available.
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Trade Statistics - February 2020
• World coffee exports amounted to 11.11 million bags in February 2020, compared with 10.83 million in February 2019.
• Exports in the first 5 months of coffee year 2019/20 (Oct/19 to Feb/20) have decreased by 3.4% to 50.97 million bags compared to 52.78 million bags in the same period in 2018/19.
• In the twelve months ending February 2020, exports of Arabica totalled 82.39 million bags compared to 79.23 million bags last year; whereas Robusta exports amounted to 47.88 million bags compared to 45.26 million bags. Find more facts and figures about Coffee Trade Statistics>>
Cancellation of the 126th Session of the International Coffee Council
We at the International Coffee Organization (ICO) are deeply concerned by the evolving situation of the Coronavirus and the human tragedy that surrounds it. Amid growing health concerns related to the virus, the Executive Director, after consultation with the Chair of the Council, has decided to cancel the 126th Session of the International Coffee Council (ICC). The ICC meeting was scheduled to be held from 27 April to 1 May 2020 at the International Maritime Organization (IMO) in London. The ICO is looking into alternative options for the core meetings of the Council and we will endeavour to update you as soon as possible. The Organization aims to serve our membership effectively while ensuring the health and safety of ICC participants and staff. The ICO remains fully committed to maintaining a productive dialogue with stakeholders and we are confident that our Member countries will be able to effectively engage on pressing issues impacting the global coffee sector at an alternative stage.
Prices decline further in February
In February 2020, the ICO composite indicator continued its downward trend, averaging 102 US cents/lb as prices for all group indicators fell. However, the differential between Colombian Milds and Other Milds more than doubled to 10.93 US cents/lb. Global exports in January 2020 totalled 10.29 million bags, compared with 11.14 million bags in January 2019, and shipments in the first four months of coffee year 2019/20 decreased by 5.8% to 39.53 million bags. Exports from the world’s two largest coffee-producing regions declined in the period October 2019 to January 2020. Shipments from South America decreased by 9.8% to 19.86 million bags and from Asia & Oceania by 5.4% to 12.21 million bags. However, exports from Africa grew by 9.5% to 4.38 million bags, as shipments from the region’s three largest producers all increased, and shipments from Central America & Mexico rose by 1.7% to 3.07 million bags. In 2019/20, world coffee consumption is estimated to exceed global output by 0.48 million bags, but Covid-19 presents considerable downside risk to global coffee consumption.
Find out more in the ICO's latest Coffee Market Report>>
Trade Statistics - January 2020
• World coffee exports amounted to 10.29 million bags in January 2020, compared with 11.14 million in January 2019.
• Exports in the first 4 months of coffee year 2019/20 (Oct/19 to Sept/20) have decreased by 5.8% to 39.53 million bags compared to 41.95 million bags in the same period in 2018/19.
• In the twelve months ending January 2020, exports of Arabica totalled 82.88 million bags compared to 78.26 million bags last year; whereas Robusta exports amounted to 46.65 million bags compared to 45.2 million bags. Find more facts and figures about Coffee Trade Statistics>>
Prices for all group indicators fall in January
In January 2020, the ICO composite indicator reversed its gains from December, averaging 106.89 US cents/lb as prices for all group indicators fell. Exports in the first three months of coffee year 2019/20 decreased by 5.8% to 29.01 million bags compared to 30.78 million bags in 2018/19. During this period, shipments of Arabica fell 10.1% to 18.28 million bags, but Robustas increased by 2.7% to 10.73 million bags. The decline in Arabica exports was driven largely by a fall in shipments of Other Milds and Brazilian Naturals, of 13.8% to 4.22 million bags and of 13.3% to 9.95 million bags, respectively. However, exports of Colombian Milds rose by 3.7% to 4.12 million bags. While global production is expected to fall by 0.9% to 168.71 million bags, total consumption is projected at 169.34 million bags in 2019/20. This would result in a projected deficit of 0.63 million bags for 2019/20.
Find out more in the ICO's latest Coffee Market Report>>
Trade Statistics - December 2019
• World coffee exports amounted to 10.3 million bags in December 2019, compared with 10.27 million in December 2018.
• Exports in the first 3 months of coffee year 2019/20 (Oct/19 to Sept/20) have decreased by 5.8% to 29.01 million bags compared to 30.78 million bags in the same period in 2018/19.
• In the twelve months ending December 2019, exports of Arabica totalled 82.75 million bags compared to 77.67 million bags last year; whereas Robusta exports amounted to 47.08 million bags compared to 45.07 million bags. Find more facts and figures about Coffee Trade Statistics>>
Trade Statistics - November 2019
• World coffee exports amounted to 9.31 million bags in November 2019, compared with 10.22 million in November 2018.
• Exports in the first 3 months of coffee year 2019/20 (Oct/19 to Sept/20) have decreased by 10.8% to 18.3 million bags compared to 20.51 million bags in the same period in 2018/19.
• In the twelve months ending November 2019, exports of Arabica totalled 83.22 million bags compared to 77.08 million bags last year; whereas Robusta exports amounted to 46.01 million bags compared to 44.96 million bags. Find more facts and figures about Coffee Trade Statistics>>
Coffee Market Prices Continued to Climb in December
The ICO composite indicator continued to rise in December 2019, ranging between 111.80 and 123.69 US cents/lb. Prices for all Arabica indicators rose in December 2019, while Robusta prices decreased 0.1% to 73.22 US cents/lb. Firm demand and the current tightness in the market has helped to put upward pressure on prices. Exports in the first two months of coffee year 2019/20 declined by 10.8% to 18.3 million bags. Exports from all coffee groups decreased during this period, except Colombian Milds, which rose by 2.2% to 2.6 million bags. Global coffee output is estimated at 168.71 million bags in 2019/20, 0.9% lower than last year as Arabica production is estimated to decline by 4.1% to 96.22 million bags while Robusta grows by 3.7% to 72.5 million bags. In coffee year 2019/20, coffee consumption is estimated to increase by 1.24 million bags to 169.34 million bags. This would result in a deficit of 0.63 million bags in 2019/20, which puts upward pressure on prices. However, this may be limited as more of the 2019/20 crop enters the market as well as a larger crop is anticipated from Brazil in its 2020/21 crop year commencing in April.
Find out more in the ICO's latest Coffee Market Report>>
Coffee Market Rallies to a 12-month High
November 2019 marked the first time in the last 12 months when the ICO Composite Indicator consistently stayed over 100 US cents/lb. The monthly average of the Indicator rose 10.1% to 107.23 US cents/lb amid expectations of a global deficit in coffee year 2019/20, estimated at 502,000 bags. Global exports of coffee in October 2019 fell by 13.4%, to 8.91 million bags, compared to the same month in the previous year. A mix of factors, including unfavourable weather patterns and prolonged low international prices, have contributed to a decline in shipments across all regions.
Find out more in the ICO's latest Coffee Market Report>>
Trade Statistics - October 2019
• World coffee exports amounted to 8.91 million bags in October 2019, compared with 10.29 million in October 2018.
• In the twelve months ending October 2019, exports of Arabica totalled 83.84 million bags compared to 76.51 million bags last year; whereas Robusta exports amounted to 45.72 million bags compared to 44.4 million bags. Find more facts and figures about Coffee Trade Statistics>>
The ICO is currently recruiting: deadline 20 December 2019
The International Coffee Organization currently has two vacancies for the following positions:
• Administrative Officer
• Secretariat and Communications Officer
Find out more including job descriptions and how to apply.
Global Coffee Production to Decrease in 2019/20
World coffee production in coffee year 2019/20 is projected 0.9% lower at 167.4 million bags with a 2.7% decline in Arabica output to 95.68 million bags, while Robusta production is expected to rise by 1.5% to 71.72 million bags. South America’s production is expected to fall by 3.2% to 78.08 million bags, due largely to the decline in Brazil’s Arabica output in its off-year of the biennial crop cycle. Production from Asia & Oceania is projected to grow by 1.9% to 49.58 million bags due largely to a recovery in Indonesia’s output while Viet Nam is expected to remain stable. Central America & Mexico could see an increase of 0.9% to 21.54 million bags while Africa’s output is estimated to decline by 0.6% to 18.2 million bags. World coffee consumption growth is likely to slow in 2019/20 in line with the slower growth expected for the global economy, and demand is projected to increase by 1.5% to 167.9 million bags.
Find out more in the ICO's latest Coffee Market Report>>
Trade Statistics - September 2019
• World coffee exports amounted to 9.29 million bags in September 2019, compared with 9.58 million in September 2018.
• Exports in coffee year 2018/19 (Oct/18 to Sept/19) have increased by 8.1% to 129.43 million bags compared to 119.74 million bags in the same period in 2017/18.
• In the twelve months ending September 2019, exports of Arabica totalled 85.01 million bags compared to 75.72 million bags last year; whereas Robusta exports amounted to 44.43 million bags compared to 44.02 million bags. Find more facts and figures about Coffee Trade Statistics>>
Partners Conference - Africa Coffee Facility
The Interafrican Coffee Organisation (IACO) will be holding a Partners Conference on 5 November 2019 at the Ole Sereni Hotel, Nairobi, Kenya. The theme of the Conference will be financing the African coffee value chain through the Africa Coffee Facility.
Programme>>
Launch ceremony of 5th World Coffee Conference
On 15 October 2019, the official Curtain Raiser of the 5th World Coffee Conference was held in New Delhi, India. Attended by 150 dignitaries from across 23 countries, the ICO's Executive Director was joined on the podium by H.E. Shri Piyush Goyal – the Honourable Minister for Commerce and Industry and Railways, H.E. Shri Jagadish Shettar – Honourable Minister for Large and Medium Scale Industries from the Government of Karnataka, Shri Anup Wadhawan – Commerce Secretary of the Ministry of Commerce, and Shri Anil Kumar Bhandari –President of the India Coffee Trust.
Find out more in the ICO blog
2018/19 Marks Second Consecutive Year of Surplus
Trade Statistics - August 2019
• World coffee exports amounted to 10.45 million bags in August 2019, compared with 10.88 million in August 2018.
• Exports in the first 11 months of coffee year 2018/19 (Oct/18 to August/19) have increased by 9.2% to 120.28 million bags compared to 110.16 million bags in the same period in 2017/18.
• In the twelve months ending August 2019, exports of Arabica totalled 83.56 million bags compared to 75.29 million bags last year; whereas Robusta exports amounted to 46.31 million bags compared to 43.61 million bags. Find more facts and figures about Coffee Trade Statistics>>
Happy International Coffee Day!
Every year on 1 October, the world comes together to celebrate coffee and recognise the millions of people across the globe - from farmers, to roasters, baristas, coffee shop owners and more – who work hard to create and serve the beverage we all love. This year, International Coffee Organization (ICO) is calling on coffee lovers around the world to pledge their support for a fair, living income for coffee farmers.
Find out more how to get involved>>
Supply Surplus Weighs on Global Coffee Prices
The ICO composite indicator fell by 6.7% to 96.07 US cents/lb in August 2019, compared to July 2019 and by 13.6% from a high of 111.21 US cents/lb in October 2018. The daily composite indicator has averaged 100.72 US cents/lb for coffee year 2018/19 through 30 August 2019. Total exports in July 2019 amounted to 11.34 million bags, 9.5% higher than July 2018 while shipments in the first ten months of coffee year 2018/19 reached 109.41 million bags, 10.2% higher than the same period last year. Ample supplies from a 3.9% increase in global production to 169.73 million bags have fuelled exports. The majority of coffee continues to be exported as green coffee, accounting for 91.3% of total coffee shipped between October 2018 and July 2019. Global coffee demand is estimated to grow by 2.1% to 164.77 million bags, with growth in Asia & Oceania and Africa outpacing other regions. However, 2018/19 is estimated to end with a surplus of 4.96 million bags, making it the second consecutive year of surplus. The cumulative oversupply over the last two seasons is estimated at 7 million bags, which is one of the main explanatory factors for current low coffee price levels.
Find out more in the ICO's latest Coffee Market Report>>
Trade Statistics - July 2019
• World coffee exports amounted to 11.34 million bags in July 2019, compared with 10.36 million in July 2018.
• Exports in the first 10 months of coffee year 2018/19 (Oct/18 to July/19) have increased by 10.2% to 109.41 million bags compared to 99.28 million bags in the same period in 2017/18.
• In the twelve months ending July 2019, exports of Arabica totalled 83.32 million bags compared to 75.09 million bags last year; whereas Robusta exports amounted to 46.55 million bags compared to 43.36 million bags. Find more facts and figures about Coffee Trade Statistics>>
Global coffee prices drift downwards in July 2019
Global coffee prices drift downwards in July 2019 The monthly average of the ICO composite indicator rose by 3% to 103.01 US cents/lb in July 2019, which is the highest monthly average since November 2018. However, the daily composite indicator started at a high of 107.87 US cents/lb on 4 July and fell to 98.57 US cents/lb by the end of the month. In June 2019, world coffee exports rose by 2.8% to 10.94 million bags compared to June 2018, while exports in the first nine months of coffee year 2018/19 rose by 6.5% to 97.28 million bags. World production in coffee year 2018/19 increased by an estimated 1.9% to 168.77 million bags, led by a 18.5% increase in Brazil’s production for the crop year ending March 2019. Global consumption in 2018/19 grew by an estimated 2.1% to 164.84 million bags. Although consumption growth outpaced production, the cumulative surplus over the last two seasons rose to 8 million bags.
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Trade Statistics - June 2019
• World coffee exports amounted to 10.9 million bags in June 2019, compared with 10.6 million in June 2018.
• Exports in the first 9 months of coffee year 2018/19 (Oct/18 to June/19) have increased by 6.5% to 97.28 million bags compared to 91.34 million bags in the same period in 2017/18.
• In the twelve months ending June 2019, exports of Arabica totalled 82 million bags compared to 75.38 million bags last year; whereas Robusta exports amounted to 46.11 million bags compared to 44.78 million bags. Find more facts and figures about Coffee Trade Statistics>>
Sustained growth in June global coffee prices
The monthly average of the ICO composite indicator rose by 7.1% to 99.97 US cents/lb in June 2019, which is the first increase in the monthly average since January 2019. In May 2019, world coffee exports rose by 19.4% to 11.6 million bags compared to May 2018 while exports in the first eight months of coffee year 2018/19 rose by 7.5% to 86.57 million bags. Demand for coffee appears to be strong as imports by ICO importing Members and the United States, which account for around 75% of global imports, increased by 4.9% to 66.56 million bags in the first six months of coffee year 2018/19. Global coffee consumption is estimated to grow by 2% to 164.64 million bags in coffee year 2018/19. Despite the ongoing demand growth, a global production surplus of 3.11 million bags is expected in coffee year 2018/19.
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Trade Statistics - May 2019
• World coffee exports amounted to 11.6 million bags in May 2019, compared with 9.71 million in May 2018.
• Exports in the first 8 months of coffee year 2018/19 (Oct/18 to May/19) have increased by 7.5% to 86.57 million bags compared to 80.5 million bags in the same period in 2017/18. .
• In the twelve months ending May 2019, exports of Arabica totalled 81.71 million bags compared to 75.36 million bags last year; whereas Robusta exports amounted to 46.24 million bags compared to 44.19 million bags. Find more facts and figures about Coffee Trade Statistics>>
Despite upturn at the end, global coffee prices remain the lowest monthly average of the coffee year
H Education World Ico
The monthly average of the ICO composite indicator fell to 93.33 US cents/lb in May 2019, 1.2% lower than in April 2019. However, the last two weeks of the month saw a sharp reversal in the downward trend as the daily composite indicator rose above 100 US cents/lb for the first time since 18 February 2019 on 30 and 31 May, at 101.17 US cents/lb and 103.25 US cents/lb, respectively. In April 2019, world coffee exports rose by 4.6% to 10.73 million bags compared to the same month in the previous year, while exports in the first seven months of coffee year 2018/19 reached 74.01 million bags compared to 70.89 million bags in 2017/18. While demand has grown at an average annual rate of 2.2% in the last five years, global output is expected to exceed it by 3.41 million bags in coffee year 2018/19, making this the second consecutive year of surplus.
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Trade Statistics - April 2019
• World coffee exports amounted to 10.73 million bags in April 2019, compared with 10.25 million in April 2018.
• Exports in the first 7 months of coffee year 2018/19 (Oct/18 to Apr/19) have increased by 4.4% to 74.01 million bags compared to 70.89 million bags in the same period in 2017/18.
• In the twelve months ending April 2019, exports of Arabica totalled 79.87 million bags compared to 76.18 million bags last year; whereas Robusta exports amounted to 45.39 million bags compared to 44.43 million bags. Find more facts and figures about Coffee Trade Statistics>>
Interactive workshop on overcoming low price level and volatility
An ICO-led workshop, focusing on programmes to help smallholder coffee farmers to overcome low price level and volatility and achieve long-term sustainability for the whole coffee sector, was held in Rome on 16 May as part of EXCO2019 – the first global international cooperation Expo. Bringing together high-level representatives of the coffee industry, financial institutions, governments, developments agencies, international organizations and NGOs, this workshop organized in partnership with the Ministry of Foreign Affairs and International Cooperation of Italy, was the fourth of a series of events held this year as part of the ICO’s Structured Sector Wide Dialogue.
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Coffee prices reach new low for the season as March exports decline
In April 2019, the ICO composite indicator fell by 3.2% to 94.42 US cents/lb, which is the lowest monthly average since July 2006 when the price reached 88.57 US cents/lb. Prices for all group indicators fell in April 2019. Low prices discouraged sales in March 2019, and world coffee exports amounted to 10.98 million bags, 3.8% lower than in March 2018. Shipments in the first half of coffee year 2018/19 increased by 4.1% to 63.15 million bags, reflecting the ample supply of coffee on the international market. Shipments of Brazilian Naturals rose by 18.4% to 21.7 million bags, and Colombian Milds grew by 8.6% to 7.95 million bags. Exports from Brazil in the first half of coffee year 2018/19, fuelled by significant growth in its harvest and encouraged by a depreciation in the exchange rate, increased by 26.5% to 21.29 million bags, driving the growth in global exports. Between April 2018 and March 2019, world exports rose by 4% to 124.72 million bags. The exports in this period coincide with the crop year for a number of countries, including Brazil and Indonesia, the world’s largest and fourth largest producers.
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