September 2016: Coffee market outlook by the International Coffee Organization
Coffee market outlook - International Coffee Organization · Coffee market in deficit for third...
Transcript of Coffee market outlook - International Coffee Organization · Coffee market in deficit for third...
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Coffee Market Situation
120th International Coffee Council25-29 September 2017
Yamoussoukro
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Prices
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Daily prices: Last two years
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Supply & Demand
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World coffee production
• 153.9 million bags in crop year 2016/17
• 1.5 % increase on 2015/16
• Arabicas ↗ 10.2%• Robustas ↘ 10.6%
153.9151.6148.7151.2
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World coffee production (2)
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Production in Brazil
• Current ICO estimate of 2017/18 production: 50.5 million bags
• Domestic consumption estimated at 20.5 million bags
* Estimated
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Production in Colombia
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High export volumes…
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…led to a build-up of inventories in importing countries
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World consumption
• Decreasing by 0.3% to 155.1 million bags in coffee year 2016/17
• Still strong demand in many countries, particularly some traditional markets
• But biggest potential is emerging markets and exporting countries
155.1155.5151.8149.0
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Balance
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Supply/Demand Balance
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Conclusions
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Coffee market in deficit for third consecutive year in
2016/17
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Robusta expected to rebound in 2017/18
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Thank you