Global coffee consumption for coffee year 2020/21 is estimated at 167.15 million bags, an increase of 1.9% over 164.02 million bags recorded in coffee year 2019/20. The projection for total production in coffee year 2020/21 is 169.64 million bags, representing a marginal increase of 0.4% onthe 168.98 million bags harvested in coffee year 2019/20. The projected total production of coffee year2020/21 is 8.6% higher than the average of the last 10 coffee years. However, concerns over the supply from important origins still characterise market conditions, as climate- related shocks and covid-related disruptions continue to affect trade flows in many countries. https://mcusercontent.com/2d092c36964c9bc36b68c85e4/files/45e1c8bf-f05c-d624-2168-dda29bc4319a/cmr_1021_e_finalised.pdf?utm_source=Public+List+-+GDPR+opt+in&utm_campaign=19495e8ad8-Coffee+Market+Report+November+2020+%28Public%29_COPY_0&utm_medium=email&utm_term=0_903c73feb9-19495e8ad8-422170981&mc_cid=19495e8ad8&mc_eid=88c6a679bc |
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