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Coffee prices in August fall to 57-month low

International coffee prices have been experiencing a downward trend in the last two years, averaging 102.41 US cents/lb in August 2018, a 20.1% drop compared to August 2017. The last time the monthly composite indicator price was lower than 102.41 US cents/lb was in November 2013, when it recorded 100.99 US cents/lb. This decline is linked primarily to market fundamentals, though other factors, such as exchange rate movements and futures markets, are also playing a role. Total exports in July 2018 amounted to 10.11 million bags in July 2018, compared with 9.66 million in July 2017. Exports in the first 10 months of coffee year 2017/18 (Oct/17 to Jul/18) have increased by 0.9% to 101.2 million bags, compared to 100.34 million bags in the same period in the last coffee year.
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Trade Statistics - July 2018

• World coffee exports amounted to 10.11 million bags in July 2018, compared with 9.66 million in July 2017.
• Exports in the first 10 months of coffee year 2017/18 (Oct/17 to Jul/18) have increased by 0.9% to 101.2 million bags compared to 100.34 million bags in the same period in the last coffee year.
• In the twelve months ending July 2018, exports of Arabica totalled 75.63 million bags compared to 76.6 million bags last year; whereas Robusta exports amounted to 44.76 million bags compared to 44.27 million bags.
Find more facts and figures about Coffee Trade Statistics>>

Major new ICO Guide published to unlock green and climate funding for the coffee sector

The International Coffee Organisation and the Sustainable Coffee Challenge are pleased to announce the publication of the Guide to Access Green and Climate Funding for the Coffee Sector: The Global Environment Facility (GEF). This new Guide seeks to assist governments of coffee-producing countries to access GEF funding in order to address coffee sector challenges.
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July marks another month of continuous low prices

In July 2018, the ICO composite indicator price decreased by 2.9% to an average of 107.20 US cents/lb, which is the lowest monthly average for July since 2007, when the monthly composite indicator reached 106.20 US cents/lb. Prices for all coffee groups fell in July 2018, though the largest month-on-month decrease occurred for Brazilian Naturals, which declined by 4% to 110.54 US cents/lb. Total exports in June 2018 amounted to 10.45 million bags, 2.6% higher than in the same month one year ago, led by an increase of 7.9% to 3.95 million bags for Robusta. However, total Arabica shipments in June 2018 fell by 0.4%, to 6.51 million bags, with exports of Colombian Milds growing by 1.1%, to 1.03 million bags, and Brazilian Naturals by 2.2%, to 2.61 million bags. Other Milds fell by 3.2%, to 2.87 million bags.
Read the latest Coffee Market Report>>

Trade Statistics - June 2018

• World coffee exports amounted to 10.45 million bags in June 2018, compared with 10.19 million in June 2017.
• Exports in the first 9 months of coffee year 2017/18 (Oct/17 to Jun/18) have increased by 0.3% to 90.86 million bags compared to 90.55 million bags in the same period in the last coffee year.
• In the twelve months ending June 2018, exports of Arabica totalled 75.08 million bags compared to 75.46 million bags last year; whereas Robusta exports amounted to 44.55 million bags compared to 44.05 million bags.
Find more facts and figures about Coffee Trade Statistics>>

Prices for all coffee groups decreased in June

In June 2018, the ICO composite indicator decreased by 2.6% to an average of 110.44 US cents/lb, which is the lowest monthly average since December 2013. Prices for all coffee groups fell in June 2018, though the largest month-on-month decrease occurred for Brazilian Naturals, which declined by 3.7% to 115.10 US cents/lb. Global coffee production in 2017/18 is estimated at 158.56 million bags, 0.3% lower than in 2016/17. World exports amounted to 9.27 million bags in May 2018, compared with 10.59 million bags in May 2017, driven by a 32.5% decrease for shipments from Brazil, 25.7% for shipments from Honduras, and 55.2% for shipments from Indonesia.

Trade statistics - May 2018

• World coffee exports amounted to 9.27 million bags in May 2018, compared with 10.58 million in May 2017.
• Exports in the first 8 months of coffee year 2017/18 (Oct/17 to May/18) have decreased by 0.5% to 79.94 million bags compared to 80.35 million bags for the same period in the last coffee year.
• In the twelve months ending May 2018, exports of Arabica totalled 74.72 million bags compared to 74.80 million bags last year; whereas Robusta exports amounted to 44.19 million bags compared to 44.42 million bags.
Find more facts and figures about Coffee Trade Statistics>>

Prices for all coffee groups increased in May

In May 2018, the ICO composite indicator increased by 0.7% to an average of 113.34 US cents/lb, following three months of declines. Prices for all coffee groups rose in May 2018, though the largest month-on-month increase occurred for Other Milds, which grew by 0.9% to 135.61 US cents/lb. Global coffee exports amounted to 10.18 million bags in April 2018, compared with 9.50 million in April 2017, driven by an increase of 14.1% for Robusta shipments and 6.8% for Colombian Milds. World production in 2017/18 is estimated 1.2% higher at 159.66 million bags with output expected to grow in eight of the ten largest coffee-producing countries.
Read the latest Coffee Market Report>>

Trade Statistics - April 2018

• World coffee exports amounted to 10.18 million bags in April 2018, compared with 9.5 million in April 2017.
• Exports in the first 7 months of coffee year 2017/18 (Oct/17 to Apr/18) have increased by 1.2% to 70.65 million bags compared to 69.78 million bags in the same period in the last coffee year.
• In the twelve months ending April 2018, exports of Arabica totalled 75.93 million bags compared to 74.08 million bags last year; whereas Robusta exports amounted to 44.32 million bags compared to 44.63 million bags.
Find more facts and figures about Coffee Trade Statistics>>

Growing divergence between Arabica and Robusta exports

In April 2018, the ICO composite indicator decreased by 0.4% to an average of 112.56 US cents/lb, with the daily price ranging between 110.49 US cents/lb and 114.73 US cents/lb. Prices for all three Arabica groups fell in April 2018, though the largest month-on-month decrease occurred for Brazilian Naturals, which fell by 0.9% to 118.76 US cents/lb. The monthly average for Robusta, on the other hand, increased by 0.1% to 88.31 US cents/lb. Global coffee exports amounted to 10.81 million bags in March 2018, compared with 10.91 million in March 2017, driven by decreased shipments of Arabica, particularly Colombian Milds. Exports in the first six months of coffee year 2017/18 decreased by 0.6% to 59.96 million bags compared to the same period in the last coffee year.
Read the latest Coffee Market Report>>

Trade Statistics - March 2018

• World coffee exports amounted to 10.81 million bags in March 2018, compared with 10.91 million in March 2017.
• Exports in the first 6 months of coffee year 2017/18 (Oct/17 to Mar/18) have decreased by 0.6% to 59.96 million bags compared to 60.32 million bags in the same period in the last coffee year.
• In the twelve months ending March 2018, exports of Arabica totalled 75.32 million bags compared to 74.05 million bags last year; whereas Robusta exports amounted to 43.62 million bags compared to 45.47 million bags.
Find more facts and figures about Coffee Trade Statistics>>

Coffee market continues downward trend

Since August 2017, the ICO composite indicator price has declined in each month except January 2018. The composite indicator decreased by 1.1% in March 2018 to an average of 112.99 US cents/lb, which is the lowest monthly price since February 2016. Indicator prices for all groups fell in March 2018, though the largest month-on-month decrease occurred for Colombian Milds, which fell by 1.4% to 139.45 US cents/lb. This narrowed the price differential between Colombian Milds and Other Milds to an average of 4.42 US cents/lb, 15.3% lower than last month. Global production is estimated at 159.66 million bags in 2017/18, 1.2% higher than 2016/17, resulting in an estimated surplus of 0.78 million bags. Arabica production is estimated 4.6% lower at 97.43 million bags while Robusta is estimated 12.1% higher at 62.24 million bags. The surplus in production is reflected in increased shipments for all groups, except Colombian Milds, during the first five months of coffee year 2017/18.
Read the latest Coffee Market Report>>

Trade Statistics - February 2018

• World coffee exports amounted to 9.93 million bags in February 2018, compared with 9.89 million in February 2017.
• Exports in the first 5 months of coffee year 2017/18 (Oct/17 to Feb/18) have increased by 3.2% to 50.98 million bags compared to 49.41 million bags in the same period in the last coffee year.
• In the twelve months ending February 2018, exports of Arabica totalled 77.71 million bags compared to 73.97 million bags last year; whereas Robusta exports amounted to 45.53 million bags compared to 45.68 million bags.
Find more facts and figures about Coffee Trade Statistics>>

Welcome visit from the Ambassador of Switzerland

On 9 March 2018, the Executive Director, Mr José Sette, was honoured to welcome His Excellency Mr Alexandre Fasel, who visited the offices of the ICO for the first time since taking up his post as Ambassador of Switzerland to the United Kingdom. Accompanied by First Secretary, Ms Stefanie Küng, Ambassador Fasel met with senior members of the ICO team to discuss the challenges and opportunities for the coffee sector, including the need to foster sustainability to address quality, safety and productivity issues, climate change, gender and small growers’ needs. A new approach to project development and funding being developed by the ICO was also discussed at length.
Read more on the ICO blog>>

Happy International Women's Day!

In celebration of women’s achievements in coffee and to encourage the wider participation of women in all aspects of the coffee industry, we are delighted to announce that this year we will be focusing on ‘Women in coffee’ as the theme for International Coffee Day on 1 October, as well as in our wider work programme. It is in all our interests to empower women in the international coffee community. We look forward to working with our Members and partners to help make this happen.
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See previous news
ICO Indicator prices
(US cents/lb)  20/09/2018
  change
ICO Composite 98.60 +2.4%
Colombian Milds 125.72 +2.5%
Other Milds 121.45 +2.5%
Brazilian Naturals 100.60 +3.2%
Robustas 77.10 +1.4%

Schedule of meetings - September 2018
Press Release 
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International Coffee Day 2016 Logo

1 October is #InternationalCoffeeDay.

International Coffee Day is fast approaching. The International Coffee Organization has chosen a very special theme for this year’s celebrations: ‘Women in Coffee’. Women play as important a role in the whole of the coffee chain as men, from planting the seeds to processing to trading to brewing… and drinking it. To find out more visit the dedicated International Coffee Day website. 


Latest ICO Studies & Reports

Gender equality in the coffee sector (Published April 2018)

Development of coffee trade flows (Published April 2018)

Value addition in the African coffee sector (Published September 2017)

• Assessing the economic sustainability of coffee growing (Published September 2016)

Coffee in the Russian Federation (Published August 2015)

Coffee in China (Published August 2015)

The impact of the price of oil and the US dollar exchange rate on coffee prices (Published August 2015)

Sustainability of the Coffee Sector in Africa (Published 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.
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