English About Us What We Do Meetings and Documents Coffee Market Report Statistics Research Contact Us Coffee price rise continues in October despite improved weather conditions in Brazil Find out more in the ICO's latest analysis ‹ › What's New Trade Statistics – October 2021 • World coffee exports amounted to 9.68 million bags in October 2021, compared with 10.13 million in October 2020. • Exports in the first 1 month of coffee year 2021/22 (Oct/21 to Sept/22) have decreased by -4.4% to 9.68 million bags compared to 10.13 million bags in the same period in 2020/21. • In the twelve months ending October 2021, exports of Arabica totalled 81.29 million bags compared to 79.1 million bags last year; whereas Robusta exports amounted to 47.19 million bags compared to 49.05 million bags.Find more facts and figures about Coffee Trade Statistics>> Coffee price rise continues in October despite improved weather conditions in Brazil In October 2021, coffee prices reached new multi-year highs, as the monthly average of the ICO composite indicator price was 181.57 US cents/lb, an increase of 6.8% as compared to 170.02 US cents/lb in September 2021. These price levels during coffee year 2020/21 mark a significant recovery from the low levels experienced over the three preceding coffee years. Find out more in the ICO's latest Coffee Market Report>> Trade Statistics – September 2021 • World coffee exports amounted to 10.07 million bags in September 2021, compared with 10.59 million in September 2020. . • In the twelve months ending September 2021, exports of Arabica totaled 75.32 million bags compared to 72.22 million bags last year; whereas Robusta exports amounted to 40.98 million bags compared to 42.62 million bags. Find more facts and figures about Coffee Trade Statistics>> Coffee prices underwent further increases in September 2021 but volatility ... In September 2021, coffee prices reached new record highs as the monthly average of the ICO composite indicator price was 170.02 US cents/lb, an increase of 6.2% as compared to 160.14 US cents/lb in August 2021. These price levels during coffee year 2020/21 confirmed a net recovery from the low levels experienced over the last three coffee years. The coffee market continued to be driven by weather in Brazil and by covid-related disruptions affecting trade in Asia. In terms of market fundamentals, exports of all forms of coffee by all exporting countries to all destinations totalled 10.1 million 60-kg bags in August 2021, the same level as in August 2020. Total exports of all forms of coffee over the first 11 months of coffee year 2020/21 (October 2020 – August 2021) amounted to 118.96 million bags, an increase of 1.9% compared with 116.77 million bags during the same period in coffee year 2019/20. Cumulative exports from September 2020 to August 2021 are estimated at 129.55 million 60-kg bags, an increase of 2.1% compared with the 126.85 million bags recorded from September 2019 to August 2020. Global coffee consumption for coffee year 2020/21 is estimated at 167.26 million bags, an increase of 1.9% over 164.13 million bags recorded in coffee year 2019/20. The projection for total production in coffee year 2020/21 is 169.64 million bags, representing a marginal increase of 0.4% on the 169.0 million bags harvested in coffee year 2019/20. The projected total production of coffee year 2020/21 is 8.6% above the average of the last 10 coffee years. However, concerns over the supply from main origins still remain as climate-related shocks and covid-related disruptions continue to affect trade flows in many countries. Find out more in the ICO's latest Coffee Market Report>> Trade Statistics – August 2021 • World coffee exports amounted to 10.12 million bags in August 2021, compared with 10.13 million in August 2020. • Exports in the first 11 months of coffee year 2020/21 (Oct/20 to August/21) have increased by 1.9% to 118.96 million bags compared to 116.78 million bags in the same period in 2019/20. • In the twelve months ending August 2021, exports of Arabica totalled 75.90 million bags compared to 72.05 million bags last year; whereas Robusta exports amounted to 41.05 million bags compared to 41.76 million bags. Find more facts and figures about Coffee Trade Statistics>> Coffee prices reached new highs in August 2021 as concerns about ... In August 2021, coffee prices recorded the tenth consecutive month of increase, sparked by the concerns over supply, due to climate adverse conditions in major producing countries and increasing freight costs coupled with covid-19 lockdown restrictions disrupting trade flows in Asia. The monthly average of the ICO composite indicator increased by 5.2% to 160.14 US cents/lb in August 2021 from 152.24 US cents in July 2021. The level reached in August 2021 represented an increase of 51.3% since the start of the current coffee year. Prices of Arabica coffee have recorded substantial increases while those of Robusta coffee registered a moderate upturn. Concerns over the size of the next Brazilian crop, exacerbated by the recent frost, have led to record high volatility of the spot and futures prices. Find out more in the ICO's latest Coffee Market Report>> Trade Statistics – July 2021 • World coffee exports amounted to 10.61 million bags in July 2021, compared with 10.47 million in July 2020. • Exports in the first 9 months of coffee year 2020/21 (Oct/20 to July/21) have increased by 2.1% to 108.92 million bags compared to 106.63 million bags in the same period in 2019/20. • In the twelve months ending July 2021, exports of Arabica totalled 82.63 million bags compared to 78.89 million bags last year; whereas Robusta exports amounted to 46.97 million bags compared to 48.70 million bags. Find more facts and figures about Coffee Trade Statistics>> Prices for Arabica coffee in July 2021 surged to the highest levels since November 2014 as ... Coffee prices continued to increase in July 2021, with the Arabica variety reaching its highest levels since November 2014, as concerns grew about the current and future availability of many origins, especially the world’s largest producer, Brazil, which suffered a severe frost on July 20. As a result, market volatility increased. The monthly average of the ICO composite indicator reached 152.24 US cents/lb in July 2021, its highest level since 162.17 US cents/lb recorded in November 2014. Compared with the monthly average in October 2020, the beginning of the current coffee year, the level reached in July 2021 represents an increase of 43.8%. Prices of all four groups of coffee have recorded substantial increases. This upward trend of coffee prices over the first 10 months of coffee year 2020/21 seems to confirm a net recovery from the low-price levels that have dominated the world market since coffee year 2017/18. The price performance has also been driven by brighter prospects for demand, as pandemic-related restriction measures are being removed in major consuming markets and the development of vaccination programmes is enabling a progressive return to normal economic activity. Find out more in the ICO's latest Coffee Market Report>> Trade Statistics – June 2021 • World coffee exports amounted to 11.20 million bags in Jun 2021, compared with 10.76 million in June 2020. • Exports in the first 9 months of coffee year 2020/21 (Oct/20 to June/21) have increased by 2.5% to 98.55 million bags compared to 96.15 million bags in the same period in 2019/20. • In the twelve months ending June 2021, exports of Arabica totalled 82.80 million bags compared to 79.58 million bags last year; whereas Robusta exports amounted to 46.93 million bags compared to 49.43 million bags. Find more facts and figures about Coffee Trade Statistics>> The upward trend in coffee prices continued in June 2021 as .... In June 2021, coffee prices recorded the eighth consecutive month of increase, triggered by the expectations of reduced supply from some origins in addition to disruptions in trade flows. The monthly average of the ICO composite indicator reached 141.03 US cents/lb in June 2021, representing an increase of 33.2% from the level of 105.85 US cents/lb recorded in October 2020. This is also the highest monthly average since the level of 145.82 US Cents/lb registered in November 2016. Prices of all four groups of coffee have recorded a substantial increase. Increased activities of non-commercial speculative sector were also recorded in June 2021, as growing net long positions supported price trends upward. In terms of market fundamentals, exports by all exporting countries to all destinations totalled 9.8 million 60-kg bags in May 2021, a drop of 10.1% compared with 10.9 million bags in May 2020. The level of total exports in May 2021 represented a 21.5% reduction of the volume recorded in May 2019, before the pandemic. The availability of containers for shipments continue to be a major constraint to trade flows. However, total exports over the first eight months of coffee year 2020/21 amounted to 87.3 million bags, compared with 85.4 million bags during the same period in coffee year 2019/20. Cumulative exports from June 2020 to May 2021 are estimated at 129.2 million bags, a relatively stable level compared with the 129.4 million bags recorded from June 2019 to May 2020. World consumption for coffee year 2020/21 is projected at 167.23 million bags, an increase of 1.9% on its level of 164.01 million bags in coffee year 2019/20. Total production for coffee year 2020/21 is estimated at 169.50 million bags, representing a 0.3% increase on 168.94 million bags in coffee year 2019/20. Although world consumption is increasing, it remains 1.4% below world production. Moreover, in coffee year 2021/22 the supply/demand ratio is expected to reverse as world production will barely meet world demand. Find out more in the ICO's latest Coffee Market Report>> Trade Statistics – May 2021 • World coffee exports amounted to 9.79 million bags in May 2021, compared with 10.89 million in May 2020. • Exports in the first 8 months of coffee year 2020/21 (Oct/20 to May/21) have increased by 2.2% to 87.3 million bags compared to 85.38 million bags in the same period in 2019/20. • In the twelve months ending May 2021, exports of Arabica totalled 81.9 million bags compared to 80.13 million bags last year; whereas Robusta exports amounted to 47.33 million bags compared to 49.26 million bags. Find more facts and figures about Coffee Trade Statistics>> Coffee prices surged higher in May 2021 showing signs of progressive recovery ...... In May 2021, the ICO composite indicator rose by 10.4% to 134.78 US cents/lb, the highest monthly average since the level of 137.68 US Cents/lb registered in February 2017. A firm upward trend of coffee prices over the first eight months of coffee year 2020/21 seems to confirm a net recovery from the low price levels that began in coffee year 2017/18. The price performance has been driven by an expected reduction in production in key exporting countries like Brazil for the 2021/22 season. Moreover, the brighter prospects for demand as the covid-19 pandemic-related lockdown measures are being removed in major consuming markets with the covid-19 vaccine programmes is generating greater confidence of consumers in an economic recovery and return to normal. Prices of all four groups of coffee have recorded a substantial increase, particularly the groups of Arabica coffee. In terms of market fundamentals, shipments by exporting countries to all destinations totalled 11.40 million 60-kg bags in April 2021, compared with 11.29 million bags in April 2020. As a result, total exports over the first 7 months of coffee year 2020/21 amounted to 77.52 million bags compared to 74.49 million bags over the same period in coffee year 2019/20. Cumulative exports from May 2020 to April 2021 are estimated at 130.40 million bags, a small decrease of 0.48% compared with the 130.97 million bags recorded from May 2019 to April 2020. World consumption for coffee year 2020/21 is projected at 167.58 million bags, an increase of 1.9% on its level of 164.43 million bags in coffee year 2019/20. Total production for coffee year 2020/21 is estimated at 169.60 million bags, representing a 0.4% increase on 168.94 million bags in coffee year 2019/20. Although world consumption is increasing, it remains 1.2% below world production. However, with prospects of lower production in Brazil for coffee year 2021/22 and the reductions in other countries, world consumption is likely to exceed world production in coffee year 2021/22. Find out more in the ICO's latest Coffee Market Report>> Trade Statistics - April 2021 • World coffee exports amounted to 11.4 million bags in April 2021, compared with 11.29 million in April 2020. • Exports in the first 7 months of coffee year 2020/21 (Oct/20 to Sept/21) have increased by 4.1% to 77.52 million bags compared to 74.49 million bags in the same period in 2019/20. • In the twelve months ending April 2021, exports of Arabica totalled 82.71 million bags compared to 81.31 million bags last year; whereas Robusta exports amounted to 47.62 million bags compared to 49.67 million bags. Find more facts and figures about Coffee Trade Statistics>> Coffee prices rallied in April 2021 amid an anticipated decline in production and signs of economic In April 2021, the ICO composite indicator rose by 1.4% to 122.03 US cents/lb as prices for all group indicators increased. Over the last six months, coffee prices have recorded a steady increase in monthly averages despite a few daily slumps. Relatively firm prices seem to encourage sales as world coffee exports amounted to 11.9 million 60-kg bags in March 2021, 2.4% higher than in March 2020. Shipments in the first half of coffee year 2020/21 increased by 3.5% to 65.4 million bags compared to 63.2 million bags recorded over the same period in coffee year 2019/20. However, cumulative exports from April 2020 to March 2021 are provisionally estimated at 129.5 million bags, a 1% decrease compared with the 130.8 million bags recorded from April 2019 to March 2020. World consumption for coffee year 2020/21 is projected at 166.3 million bags, an increase of 1.3% on its level of 164.2 million bags in coffee year 2019/20. The ICO has revised its production estimate for the current coffee year downwards, owing to Brazil’s smaller 2021/22 Arabica crop. Despite this, world consumption is forecast to remain at 2% below total production of 169.6 million bags in coffee year 2020/21. Find out more in the ICO's latest Coffee Market Report>> Trade Statistics – March 2021 • World coffee exports amounted to 11.94 million bags in March 2021, compared with 11.66 million in March 2020. • Exports in the first 6 months of coffee year 2020/21 (Oct/20 to Mar/21) have increased by 3.5% to 65.4 million bags compared to 63.2 million bags in the same period in 2019/20. • In the twelve months ending March 2021, exports of Arabica totalled 81.65 million bags compared to 81.41 million bags last year; whereas Robusta exports amounted to 47.85 million bags compared to 49.42 million bags. Find more facts and figures about Coffee Trade Statistics>> Coffee prices rise but falter towards end of month The ICO composite indicator rose slightly, by 0.8%, in March averaging 120.36 US cents/lb compared to 119.35 US cents/lb in February, confirming an upward trend over the last five months. This is the highest monthly average since coffee year 2017/18. However, reversed this upward trend and prices weakened in the final days of the month, recording their lowest levels in the last two days of the month. Total exports by exporting countries to all destinations totaled 10.47 million bags in February 2021, compared with 11.16 million bags in February 2020. Cumulative exports from March 2020 to February 2021 are provisionally estimated at 128.57 million bags against 130.97 million bags recorded from March 2019 to February 2020. Exports over the first five months of coffee year 2020/21 totaled 52.81 million bags compared to 51.53 million in coffee year 2019/20. World consumption for coffee year 2020/21 is projected at 166.62 million bags, an increase of 1.3% on its level of 164.5 million bags in coffee year 2019/20. However, world consumption still falls by 3.11% below estimated total production of 171.89 million bags in coffee year 2020/21. More Trade Statistics – February 2021 • World coffee exports amounted to 10.48 million bags in February 2021, compared with 11.16 million in February 2020. • Exports in the first 5 months of coffee year 2020/21 (Oct/20 to Feb/21) have increased by 2.5% to 52.81 million bags compared to 51.54 million bags in the same period in 2019/20. • In the twelve months ending February 2021, exports of Arabica totalled 81.05 million bags compared to 81.37 million bags last year; whereas Robusta exports amounted to 47.52 million bags compared to 49.6 million bags. Find more facts and figures about Coffee Trade Statistics>> Open Tender: Gender Advisory Services for Coffee Public Private Task Force ICO supported by the Government of Germany is looking for gender advisory services to help ensure a gender focus is incorporated into the workstreams of the Coffee Public Private Task Force. An open tender has been launched by the Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) for Advisory of gender sensitive and gender transformative strategies for the CPPTF. Details to apply here ICO composite indicator increases for the 4th consecutive month In February 2021, the ICO composite indicator continued its upward trend, averaging 119.35 US cents/lb as prices for all group indicators rose. This is the highest monthly average since October 2017 when the ICO composite indicator reached 120.01 US cents/lb. Global exports in January 2021 totaled 10.21 million bags, compared with 10.59 million bags in January 2020, and shipments in the first four months of coffee year 2020/21 increased by 3.7% to 41.88 million bags. Exports from the world’s largest coffee-producing region, South America, increased by 15.5% to 23.26 million bags as shipments from Brazil grew by 24.3% to 16.77 million bags. However, exports from the other three regions declined in October 2020 to January 2021. Shipments from Asia & Oceania decreased by 3.9% to 12.19 million bags. Africa’s exports decreased 13% to 3.81 million bags as shipments from three of the region’s five largest producers declined. Shipments from Central America & Mexico fell by 17.5% to 2.62 million bags as parts of the region were severely affected by hurricanes Iota and Eta. More Trade Statistics – January 2021 • World coffee exports amounted to 10.21 million bags in January 2021, compared with 10.59 million in January 2020. • Exports in the first 4 months of coffee year 2020/21 (Oct/20 to Jan/21) have increased by 3.7% to 41.88 million bags compared to 40.38 million bags in the same period in 2019/20. • In the twelve months ending January 2021, exports of Arabica totalled 80.49 million bags compared to 82.07 million bags last year; whereas Robusta exports amounted to 48.31 million bags compared to 48.96 million bags. Find more facts and figures about Coffee Trade Statistics>> ICO moves forward partnerships with leading United Nations agencies In recent weeks, the International Coffee Organization (ICO ) secretariat has been working hard to secure key meetings with and between leading United Nations Agencies, ICO members and the Coffee Public-Private Task Force. These meetings aimed to enable ICO Members and members of the CPPTF to gain and share access to technology, resources and capitalize on the opportunities offered by the Task Force. Some highlights of the meetings include: (a) Securing a partnership with the United Nations Development Programme (UNDP) and its Green Commodity Programme. The objectives are to strengthen the CPPTF and facilitate the Technical Workstream on Coffee Policy, Institutions and global funding mechanisms, and in particular, develop country/sub-regional project proposals/national sustainability plans contributing to the implementation of the CPPTF Road Map. (b) A partnership with the United Nations Industrial Development Organizations (UNIDO) to build on a successful project promoting pyrolysis/biochar applied to coffee waste in Vietnam (https://youtu.be/UQnLd_TGUpk) to generate additional income opportunities for farmers while reducing climate change. The project is supported by Switzerland’s State Secretariat for Economic Affairs (SECO) and implemented with the Sofies Group and the technology is manufactured in Vietnam. A goal of this project is to further develop and replicate the use of the technology for other countries, such as countries in Africa and Central America. This project will be scaled in partnership with donors and interested private sector members of the CPPTF members such as the Neumann Foundation. (c) The initiative ‘Coffee’s Next Generation’ was launched on International Coffee Day 2020 and is the core theme for the ICO in 2021. The ICO is building on cooperation with the United Nations Food and Agriculture Organization (FAO) to feature coffee in the forthcoming 2021 Food System Summit, as an opportunity for youth employment, innovation and sustainability. This is expected also to be linked to the forthcoming G-20 Summit. Arabica prices continue to rise in January while Robusta falls The ICO composite indicator continued to climb in January 2021, averaging 115.73 US cents/lb, 0.9% higher than last month. Prices for all Arabica indicators rose in January, while Robusta prices decreased by 1.8% to 70.71 US cents/lb. Exports in the first three months of coffee year 2020/21 were 31.59 million bags, 6.1% higher than in October to December 2019. In coffee year 2020/21, global production is estimated to rise by 1.9% to 171.9 million bags with Arabica production growing by 5.2% to 101.88 million bags. World coffee consumption is projected to increase by 1.3% to 166.63 million bags in 2020/21 as social distancing measures remain in place, limiting out-of-home consumption, and the global economy slowly recovers. While demand is expected to recover, the expected increase in global production could lead to a projected surplus of 5.27 million bags at the end of coffee year 2020/21. While current projections would negatively impact prices this year, the covid-19 pandemic remains an unprecedented and swiftly evolving situation. More Trade Statistics - December 2020 • 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. More 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. More 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. More 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. More 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. More 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. More 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. More 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>> 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>> 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. More 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. More 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 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. More 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 World coffee production in coffee year 2018/19 is estimated to be 3.7% higher than in the previous year at 168.87 million bags, as output of Arabica increased by 1.8% to 102.68 million bags and Robusta grew 6.7% to 66.04 million bags. The larger supply in coffee year 2018/19 is reflected in increased shipments in the first eleven months of the coffee year, during which global exports increased by 9.2% to 120.28 million bags, surpassing the total volume shipped in 2017/18. In coffee year 2018/19, world consumption is estimated to be 2.1% higher at 164.82 million bags, but coffee production exceeded this by 4.05 million bags. This surplus is a major factor in the low prices this season. The ICO composite indicator fell to 97.74 US cents/lb in September 2019, and it averaged 100.47 US cents/lb in coffee year 2018/19. Prices for the Arabica group indicators rose in September 2019, while the Robusta indicator fell to its lowest monthly average since April 2010, decreasing to 70.64 US cents/lb in September 2019. Find out more in the ICO's latest Coffee Market Report>> 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>> 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>> 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. Find out more in the ICO's latest Coffee Market Report>> 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. Find out more in the ICO's latest Coffee Market Report>> 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 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. Find out more in the ICO's latest Coffee Market Report>> 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. Find out more>> 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. Find out more in the ICO's latest Coffee Market Report>> See previous news ICO Indicator prices (US cents/lb) 02/12/2021 change ICO Composite 201.21 +0.8% Colombian Milds 292.38 +0.9% Other Milds 271.39 +1.1% Brazilian Naturals 230.62 +0.9% Robustas 110.12 +0.1% Press Releases Click here 1 October is #InternationalCoffeeDay 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 we're on a collective mission to help coffee farmers around the world receive a fair, living income. But to do it we need your help, find out more at: International Coffee Day Latest ICO Studies & Reports ICO Coffee Break Series The ICO has released research on the impact of covid-19 on the global coffee industry. Impact of covid-19 on the global coffee sector: The Demand Side (April 2020) Volatile coffee prices: covid-19 and market fundamentals (May 2020) Impact of covid-19 on the global coffee sector: Survey of ICO exporting Members (July 2020) Coffee Development Report 2019. Growing for prosperity: Economic viability as the catalyst for a sustainable coffee sector (Published October 2019) Futures markets: the role of non-commercial traders (Published March 2019) Profitability of coffee farming in selected Latin American countries - interim report (Published March 2019) Survey on the impact of low coffee prices on exporting countries (Published March 2019) Emerging coffee markets: South and East Asia (Published September 2018) Guide to Access Green and Climate Funding: The Global Environment Facility (Published October 2018) Role of coffee futures markets in discovering prices for Latin American producers (Published September 2018) National Quality Standards (Published September 2018) Gender equality in the coffee sector (Published September 2018) Maximum residue limits (Published September 2018) Country Coffee Profile: Ghana (Published September 2018) Mixtures and substitutes (Published September 2018) Gender equality in the coffee sector (Published April 2018) Development of coffee trade flows (Published April 2018) ICO Coffee Library The ICO has a unique Library containing an international reference collection, built up over 40 years of more than 13,000 monographs (books, reports, theses, pamphlets) and over 200 periodical titles covering all aspects of coffee. Learn more>> Resources KEY DOCUMENTS INTERNATIONAL COFFEE AGREEMENT PROMOTION AND MARKET DEVELOPMENT QUALITY SUSTAINABILITY Home About Us What We Do Meetings and Documents Coffee Market Report Statistics Research Contact Us International Coffee Organization 222 Gray's Inn Road, London WC1X 8HB Tel: +44 (0)20 7612 0600 Fax: +44 (0)20 7612 0630 Email: web@ico.org