• 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.
The ICO May export data has not yet been published, but if we look at the summary, April exported 11.40 million bags and May exported 9.79 million bags, a difference of 1.61 million bags or 14% less coffee.
At some point this will be reflected in stocks in importing countries.
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