Coffee Year 2019/20 Ends in Surplus

2 October 2020

Global coffee production in 2019/20 is estimated at 169.34 million bags, 2.2% lower than last year,
as output of Arabica decreased by 5% to 95.99 million bags, while that of Robusta rose by 1.9% to
73.36 million bags. World coffee consumption is expected to decrease by 0.5% to 167.81 million bags
as the covid-19 pandemic continues to put pressure on the global economy and greatly limits out-ofhome coffee consumption. As a result, coffee year 2019/20 is seen ending in a surplus of 1.54 million
bags. This compares to a surplus of 4.4 million bags in 2018/19. The two consecutive surpluses have
limited a recovery in prices, which remain below the long-term average of 135.34 US cents/lb between
2007 and 2018. The ICO composite indicator in September rose by 1.3% to 116.25 US cents/lb. It
averaged 107.25 US cents/lb in coffee year 2019/20, 6.7% higher compared to 2018/19. All group
indicator prices rose in September 2020 for the third consecutive month, with the largest increase
occurring for Other Milds.

ICO Indicator prices
(US cents/lb)  2/2/2023
  change
ICO Composite 172.50 +0.6%
Colombian Milds 237.34 +0.6%
Other Milds 226.26 +1.4%
Brazilian Naturals 192.86 +0.6%
Robustas 102.00 -0.3%

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1 October is #InternationalCoffeeDay

Every year on 1 October, the world comes together to celebrate coffee and recognise the millions of people across the globe - from farmers, to roasters, baristas, coffee shop owners and more  - who work hard to create and serve the beverage we all love.

This year we're on a collective mission to help coffee farmers around the world receive a fair, living income. But to do it we need your help, find out more at: International Coffee Day

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ICO Coffee Break Series

The ICO has released research on the impact of covid-19 on the global coffee industry.

Coffee Development Report 2019. Growing for prosperity: Economic viability as the catalyst for a sustainable coffee sector (Published October 2019)

Futures markets: the role of non-commercial traders (Published March 2019)

Profitability of coffee farming in selected Latin American countries - interim report (Published March 2019)

Survey on the impact of low coffee prices on exporting countries (Published March 2019)

Emerging coffee markets: South and East Asia (Published September 2018)

Guide to Access Green and Climate Funding: The Global Environment Facility (Published October 2018)

Role of coffee futures markets in discovering prices for Latin American producers (Published September 2018)

National Quality Standards (Published September 2018)

Gender equality in the coffee sector (Published September 2018)

Maximum residue limits (Published September 2018)

Country Coffee Profile: Ghana (Published September 2018)

Mixtures and substitutes (Published September 2018)

Gender equality in the coffee sector (Published April 2018)

Development of coffee trade flows (Published April 2018)

ICO Coffee Library

The ICO has a unique Library containing an international reference collection, built up over 40 years of more than 13,000 monographs (books, reports, theses, pamphlets) and over 200 periodical titles covering all aspects of coffee.
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