What's New

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)  12/12/2019
  change
ICO Composite 121.14 +0.4%
Colombian Milds 166.89 +1.0%
Other Milds 162.60 +1.1%
Brazilian Naturals 130.81 +1.2%
Robustas 74.92 -1.7%

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International Coffee Day 2016 Logo

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

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>>