Coffee Trade Statistics - March 2016
• World coffee exports amounted to 10.39 million bags in March 2016, compared with 10.28 million in March 2015.
• Exports in the first six months of coffee year 2015/16 (Oct/15 to Mar/16) have increased by 1.6% in comparison with the first six months of the last coffee year.
• In the twelve months ending March 2016, exports of Arabica totalled 71.07 million bags compared to 68.66 million bags last year; whereas Robusta exports amounted to 41.74 million bags compared to 45.03 million bags. Read more about global coffee trade for the month of March 2016.>>
ICO calls on global coffee community to support earthquake victims in Ecuador
The Executive Director of the International Coffee Organization wishes to convey his sincere condolences to the Government of Ecuador and its people following the devastation left behind by the earthquake that hit the country on 16 April 2016. Hundreds of people have died and thousands remain injured in the six affected provinces.
Read more and find a donation link on our blog>>
Videos from the 4th World Coffee Conference now available on Youtube
In March 2016, the coffee community from Africa and around the world gathered in the Ethiopian capital for two days of engaging debate at the 4th World Coffee Conference, hosted by the Government of Ethiopia. Videos of the event are now available to stream on YouTube.
Click here to view the videos on our blog>>
Coffee Market Report March 2016 - Coffee market rallies to 5-month high
Coffee prices strengthened significantly over the course of March 2016, despite faltering slightly towards the end of the month. Although somewhat attributable to market fundamentals, coffee was mostly swept up in a broader commodities cycle, with similar movements observed in other agricultural markets. Exports have maintained their high volumes, with total shipments so far this coffee year up 2% compared to 2014/15. However, speculation over potential supply concerns, particularly in Robusta, is mounting.
Read the latest Coffee Market Report on our blog>>
Mr Alexandre Beltrão, ICO’s longest serving Executive Director, dies at age 92
The Executive Director presents his compliments and wishes to convey the sad news that Mr Alexandre Fontana Beltrão, Executive Director of the ICO from 1 April 1968 to 30 September 1994, passed away on 4 April 2016 in Rio de Janeiro.
Read the announcement and Mr Beltrão's 1994 farewell statement on our blog>>
Coffee Trade Statistics - February 2016
World coffee exports amounted to 9.21 million bags in February 2016, compared with 9.05 million in February 2015. Exports in the first five months of coffee year 2015/16 (Oct/15 to Feb/16) have increased by 2.0% in comparison with the first five months of the last coffee year. In the twelve months ending February 2016, exports of Arabica totalled 70.98 million bags compared to 68.59 million bags last year; whereas Robusta exports amounted to 41.86 million bags compared to 45.80 million bags.
Find more facts and figures in our #CoffeeTradeStats infographic>>
Decisions and resolutions adopted at the 116th Session of the International Coffee Council
The International Coffee Council, chaired by H.E. Mr Iván Romero Martínez, met in Addis Ababa, Ethiopia from 9 to 11 March 2016. The Chairman thanked the Ethiopian Government for hosting both the 4th World Coffee Conference and the 116th Session of the International Coffee Council. The Chair also welcomed the Organization’s newest Members: the Democratic Republic of the Congo and Peru represented by Mr Faustin Lokinda, and H.E. Mr Claudio de la Puente, respectively. He welcomed the Ministers and Ambassadors who had travelled to Addis Ababa to attend the Council Session including H.E. Mr Mauro Luiz Iecker Vieira, Minister of Foreign Affairs of Brazil, who also addressed the Council.
Read the full report on the decisions and resolutions adopted at the meetings>>
ICO’s Executive Director met Ethiopia’s Minister of Foreign Affairs
Mr Robério Oliveira Silva, Executive Director of the ICO, paid a courtesy visit to his Honourable Tedros A. Ghebreyesus, Ethiopia’s Minister of Foreign Affairs, at the end of the ICO’s March 2016 meetings in Addis Ababa. The Executive Director reported on the outcome of the 4th World Coffee Conference as well as the 116th Session of the International Coffee Council and thanked the Minister for the Ethiopian Government’s successful organization of the event.
View a photo on our blog>>
Ambassador of the Dominican Republic to the United Kingdom visits the ICO
Ambassador of the Dominican Republic to the United Kingdom, H.E. Mr Federico Alberto Cuello Camilo, met with the Executive Director of the ICO, Mr Robério Oliveira Silva, on 15 March 2016 during a visit to the offices of the Organization.
View the photo on our blog>>
Press Release: Ethiopia hosts the ICO's 4th World Coffee Conference
The coffee community from Africa and around the world gathered in the Ethiopian capital for two days of engaging debate at the 4th World Coffee Conference, hosted by the Government of Ethiopia.
The 77 Member countries of the International Coffee Organization (ICO) and over 900 attendees, including coffee growers and representatives from Governments, the private sector, and international agencies participated in a range of discussions related to the theme of the Conference, 'Nurturing coffee culture and diversity'.
Read the press release on our blog>>
Coffee Market Report February 2016 - World coffee consumption increases but prices still low
The coffee market stabilised slightly in February, but prices remain at very low levels. A lack of news regarding fundamentals with expectations of a large 2016/17 crop in Brazil have kept prices from maintaining any significant rally. Inventories in importing countries have been well replenished, giving a buffer against any immediate supply concerns. Finally, our initial estimate of world consumption in 2015 suggests a steady increase to 152.1 million bags, up from 150.3 million in 2014.
Read the latest Coffee Market Report on our blog>>
Coffee Market Report January 2016 - Robusta prices fall to five and a half year low
The coffee market dropped to a two-year low in January, primarily driven by falling Robusta prices. Exports for the first quarter of coffee year 2015/16 were 2.6% higher than last year on 26.9 million bags, with minimal supply concerns at this time. Conab have released their first estimate of coffee production in Brazil for the upcoming crop year 2016/17, which is provisionally expected to recover to the record volumes of 2012/13 and 2013/14, following two years of lower output. This may also be putting downward pressure on prices.
Read the latest Coffee Market Report>>
|ICO Indicator prices
(US cents/lb) 28/04/2016
4th World Coffee Conference
The coffee community from Africa and around the world gathered in Addis Ababa for two days of engaging debate at the 4th World Coffee Conference, hosted by the Government of Ethiopia.
View and download materials from the Conference>>
Latest ICO Studies & Reports
• Coffee in the Russian Federation (18 August 2015)
• Coffee in China (Published 10 August 2015)
• The impact of the price of oil and the US dollar exchange rate on coffee prices (Published 26 August 2015)
• Sustainability of the Coffee Sector in Africa (Published 26 August 2015)
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.