EXPORTS:

“In October 2021 to September 2022, South America’s exports of all forms of coffee decreased by 7.1% to 55.31 million bags. Brazil is the reason for the drop in exports, with shipments from the country declining by 11.4% to 38.12 million bags. This is the first time since 2017 that Brazil’s annual exports of all forms of coffee have fallen below the 40 million bags mark. As explained earlier in this Report, a smaller crop harvested during its Arabica “off-season” and problems with containers and shipping explain the large drop in exports in Brazil.“

PRODUCTION AND CONSUMPTION

“The estimated outlook for total production in coffee year 2021/22 remains unchanged at 167.2 million bags, a 2.1% decrease as compared to 170.83 million bags in the previous coffee year. World coffee consumption was projected to grow by 3.3% to 170.3 million 60-kg bags in 2021/22 as compared to 164.9 million for coffee year 2020/21. In 2021/22, consumption was expected to exceed production by 3.1 million bags.”

https://www.ico.org/documents/cy2022-23/cmr-1022-e.pdf?utm_source=Public+List+-+GDPR+opt+in&utm_campaign=0433673e97-Coffee+Market+Report+November+2020+%28E%29_COPY_01&utm_medium=email&utm_term=0_903c73feb9-0433673e97-422170981&mc_cid=0433673e97&mc_eid=88c6a679bc