ICO: Global coffee export in April slightly decreased, expected supply surplus this year

Published 2020년 6월 3일

Tridge summary

Global coffee exports in April decreased by 3.1% to 10.82 million bags and in the first 7 months decreased by 3.8% to 72.7. Exports from Asia & Oceania were stable while exports from South America, Central America and Mexico tended to decrease. Arabica coffee export decreased by 7.7% to 45.27 million bags while robusta shipments increased by 3.3% to 27.52 million bags. Africa's exports increased by 7% to 7.66 million bags, of which Ethiopia's exports increased by 19.2% to 2.04 million bags and Uganda's exports increased by 19.6% to 2.93 million bags. However, exports from Côte d'Ivoire decreased by 3.8% to 953,000 bags in the first 7 months. Exports from Central America & Mexico decreased by 4.9% to 8.77 million bags. Production in April decreased by 27.8% to 744,000 bags, marking the lowest level compared to April since the 2011-2012 crop year. World coffee consumption is estimated at 166.06 million bags, 0.5% higher than 2018-2019.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Global coffee exports in April decreased by 3.1% to 10.82 million bags and in the first 7 months decreased by 3.8% to 72.7%. Exports from Asia & Oceania were stable while exports from South America, Central America and Mexico tended to decrease. Global coffee exports in April totaled 10.82 million bags, 3.1% lower than 11.17 million bags exported in April 2019. Exports in the first 7 months of 2019 - 2020 reached 72.78 million bags, down 3.8% from 75.67 million bags in the same period in 2018-2019. Of which, arabica coffee export decreased by 7.7% to 45.27 million bags while robusta shipments increased by 3.3% to 27.52 million bags. Source: ICO Export from Africa in the first 7 months increased by 7% to 7.66 million bags, of which Ethiopia's exports increased by 19.2% to 2.04 million bags and in April increased by 20% to 374,000 bags. . Uganda's exports in the first seven months of the year increased by 19.6% to 2.93 million bags, reflecting greater production due to new varieties ...

Source: Vietnambiz