The European Coffee Federation data show a sharp fall in coffee inventories from Brazil in major European ports

MILAN – Coffee stocks in major European ports are depleting, data from the European Coffee Federation (Ecf) show. Figures from the Ecf include ICE certified stocks as well as non-exchange stocks. The figures are supplied by warehousing and port organisations in Europe covering the ports of Antwerp, Hamburg, Le Havre, Barcelona, Trieste, Genoa, Napoli, Tallin, London, Felixstowe, and Bremen (partly). The stocks have been broken down in three categories: Robusta, Natural Arabica (includes Brazil Semi-Washed) and Washed Arabica. Data show a constant decline in coffee stocks, from 703,478 tons on January 31st 2023 to 437,059 tons (7,284,317 bags) on December 31st, down 37.9% over the period. The biggest decrease is seen in Natural Arabica, down to 129,668 tons (2,161,133 bags), from 237,957 tons in January (-45.6%). Robustas also recorded a sharp fall (-43.6%) to 144,559 tons (2,409,316 bags). Volumes of Washed Arabica were 22.2% down to 162,833 tons or 2,713,883 bags. There has ...