Global coffee exports fell 11% year-on-year in July, says ICO

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In July 2020, world coffee exports fell by 11% to 10.61 million bags compared to July 2019, the International Coffee Organization (ICO) said, adding that shipments of Arabica fell by 7.6% to 6.65 million bags, and Robusta exports decreased by 16.1% to 3.96 million bags.

“Other Milds recorded the largest decrease in July, falling by 19% to
2.24 million bags. Exports of Colombian Milds fell by 1.4% to 1.21 million bags, and Brazilian Naturals declined by 0.1% to 3.2 million bags,” the ICO said in its latest monthly report.

Among the five largest exporters in July, the shipments of Colombia, Ethiopia, and Indonesia grew while those of Brazil and Vietnam
declined, it added.

According to the ICO, global exports in the first ten months of coffee year 2019/20 reached 106.59 million bags, 5.3% lower than the same period in 2018/19. Shipments of Other Milds shrank by 9.7% to 21.41 million bags in October 2019 to July 2020. Colombian Milds decreased by 6.6% to 11.74 million bags while Brazilian Naturals exports fell by 5.8% to 32.54 million bags in the first ten months of the coffee year, the report said.

Robusta shipments reached 40.9 million bags, 2% lower than in October 2018 to July 2019.

Coffee production seen lower

The ICO said that world coffee production is estimated at 169.34 million bags in 2019/20, 2.2% lower than in 2018/19.

Arabica output is estimated to decrease by 5% to 95.99 million bags while Robusta output is expected to rise by 1.9% to 73.36 million bags. Production is expected to fall in all regions except for Asia & Oceania, where it is estimated to increase by 2.2% to 50.92 million bags.

Africa, the ICO said, is estimated to harvest 18.83 million bags, 0.2% less than in 2018/19. Production in Central America & Mexico is estimated to decline by 4.6% to 20.73 million bags and in South America by 4.6% to 78.87 million bags.

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