Market analyses and reports on the coffee and coffee machine markets
The COVID-19 pandemic, according to the exporting countries, will continue to affect coffee supply chains. Farmers and producers expect to experience prolonged labor shortages, increased production costs, diminished infrastructure, and a reduction in commitments from buyers. Learn more about the crisis in the Out-of-home segment A recently survey between 16 exporters countries by the ICO has attributed the increased volatility
According to preliminary estimates published by International Coffee organization world coffee numbers has decreased compared to last year.
World coffee consumption is estimated 169.3 million bags, 0.7% greater than in 2018/19 but Covid-19 presents a risk to global coffee consumption.
On 1 October 2018 the International Coffee Organization chose as theme ‘Women in Coffee’to celebrate women and their important role in the coffee chain.
The 121st International Coffee Council is taking place in Mexico, from 9th to 13th April 2018. This is the first time that the Council has met in Mexico, a country that is at the forefront of the process of modernization in the coffee sector. According to Mr José Sette, the Executive Director of the International Coffee Organization, “Mexico is an
The United States are withdrawing from the International Coffee Agreement 2007, the international commodity agreement between coffee producing and consuming countries, whose objective is to strengthen the global coffee sector and promote its sustainable expansion. As reported by Ico, the withdrawal of the United States will take effect on 3 June 2018 according to the Rules of the Organization. Mr José
In Yamoussoukro, Côte d’Ivoire, from 25 to 29 September 2017, the 120th Session of the International Coffee Council will be held. It is the first time that a meeting of the ICO has been held in Côte d’Ivoire since 1969. In addition, a Workshop on Statistics will also be held and the 7th Consultative Forum on Coffee Sector Finance . During
During the first eight months of the coffee year 2016/17 (from October to May) total coffee exports have been higher than the previous year (3.9 million bags higher). According to Ico, in May 2017 total coffee exports came to 10.9 million bags, 8.8% higher than in May 2016. Among the top coffee-producing countries, Brazil has seen a decline in exports for two
According to ICO , market weakens further due to high exports and increasing inventory levels. In March 2017, the ICO composite indicator price fell slightly. While Robustas remained broadly stable, Arabica prices were under pressure. The monthly average of the composite indicator was down by 2.6% to 134.07 US cents/lb in March from 137.68 US cents/lb recorded in February. The
The International Coffee Council met in London at the headquarters of the International Coffee Organization from 13 to 17 March 2017 and decided by consensus to appoint Mr José Dauster Sette as Executive Director of the International Coffee Organization for a five-year term.
The Executive Director of the International Coffee Organization, ICO, Mr Robério Oliveira Silva passed away on December 30, 2016. He died at the age of 53 and has been the head of the organization since 2011. He has been in support of the need to give increased support to small-holder coffee farmers through shared value among supply chains. The ICO made