Coffee market trends Kristina Sorby, RDV

Size: px
Start display at page:

Download "Coffee market trends Kristina Sorby, RDV"

Transcription

1 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Background paper to World Bank Agricultural Technology Note 30, Toward more sustainable coffee, published June Coffee market trends Kristina Sorby, RDV The Coffee Crisis The crisis in the coffee commodity market affects foremost the 25 million small producers and the more than half a billion people that are directly or indirectly dependent on coffee. Coffee is the second largest export commodity in the world after oil and is exported from 52 countries in the south. The current crisis has evolved through a series of changes in the industry. Since the liberalization of the coffee market, the price volatility has amplified (Giovannucci et.al. 2002). The world production of coffee has risen dramatically in the past three years (see figure 1), mainly due to the production increase in the two world leading countries Brazil and Vietnam (see figure 2). Vietnam has for example increased production by 1400 % between 1990 and 2000, and Brazil has contributed even more than Vietnam to the global oversupply during the past five years. Both countries also have large numbers of trees in development, which will lead to an overproduction for at least the next 2-4 years. Figure 1. World Coffee Production: , , ,000 90,000 80,000 70,000 60,000 50, / / / / / / / / / / / / / / / / /01 This is an informal publication of the Agriculture and Rural Development Family of the World Bank. It is intended to encourage the exchange of ideas among Bank staff and all others interested in development issues. This paper carries the name of the author and should be used and cited accordingly. The findings, interpretations, and conclusions are the author s own and should not be attributed to the World Bank, its Board of Directors, its management, or any member countries.

2 Figure 2. Production changes from 1994/95 to 2000/01 (USDA data). 0'000's of 60 kg bags At the same time, the roasters and traders of coffee have concentrated into larger corporations, which increased market power on the demand side. A new technology of steaming the coffee bean has developed, and the roasters can now accept coffee of lower quality in the processing. These factors together has driven the price in the first months of 2002 down to a 100 year low (calculated with inflation). Figure 3 shows the coffee price development from 1983 to Figure 3. Coffee Prices: ,000 12,000 10,000 8,000 6,000 4,000 2, ,000-4,000 Colombia Ecuador Kenya El Salvador Uganda Honduras Mexico Peru Cameroon Guatemala Cote d'ivoire Oct-83 Oct-86 Oct-89 Oct-92 Oct-95 Oct-98 India Vietnam Brazil Market for sustainable coffee The global retail market value for certified sustainable coffee was in 1999/2000 around US$ 455 million. By including non-certified products, sold with a sustainability label, the 2

3 figure reaches US$ 530 million. Approximately million pounds of certified organic coffee were exported globally, and including the trade of non-certified organic coffee, the amount is 21.2 million pounds. A 15-18% increase was estimated for the season of 2000/2001 (Giovannucci 2001). Sustainable coffee gives a considerable price premium to the farmer. The willingness of the consumer to pay extra for products that are produced in an environmentally and/or socially sustainable way, is transferred to a premium for the producer. Table 1 shows a few examples of either the price premiums received by the farmer, or the total price paid for the products. The Fair Trade premiums are set prices with a minimum premium of US$ 0.05, or US$ 0.15 for coffee that is also certified organic, if the coffee market price exceeds the set floor prices. The organic price follows the market price, but the price is in most cases significantly above local conventional price. Table 1. Price and/or premium development from (US$) Production system Organic Premiums Ex. Guatemala local premiums - N/a (30% overprice) Ex. México local premiums - $28 /quintal** (45% overprice*) Shade-grown Price Ex. El Triunfo, Chiapas, Mexico (Shade-grown, Organic and Fair Trade certified) Fair Trade Prices (F.O.B.) Regular washed arabica; Central America, Mexico, Africa, Asia Certified organic washed arabica; Central America, Mexico, Africa, Asia Regular washed robusta; Central America, Mexico, Africa, Asia Certified organic washed robusta; Central America, Mexico, Africa, Asia $8.2 /quintal** (18% overprice*) $26 /quintal** (62.5% overprice*) - - $138 /100lb (March 2002) (108% overprice***) $126 /100lb (24% overprice) $141 /100lb (39% overprice) $110 /100lb (63% overprice) $125 /100lb (85% overprice) $126 /100lb (76% overprice) $141 /100lb (97% overprice) $110 /100lb (214% overprice) $125 /100lb (257% overprice) $126 /100lb (111% overprice) $141 /100lb (137% overprice) $110 /100lb (340% overprice) $125 /100lb (399% overprice) Average global coffee price (NY) - arabica $ /100lb $71.43 /100lb $59.50 /100lb - robusta $67.64 /100lb $35.06 /100lb $25.05 /100lb N/a = Exact amount not available *Overprice compared to local conventional prices. **1 quintal = approx. 100 lb *** March 2002, Global coffee price, NY: US$ /100lb Sources: Damiani, (2002) ; Damiani, (2001); Fair Trade Labeling Organizations International (2002); International Coffee Organization (2002). Latin America is the largest supplier of sustainable coffee. Giovannucci performed in 2001 a survey of the North American specialty coffee industry and the countries that the importers stated as their sources can be seen in figure 4. Mexico is the largest individual supplier, however, Guatemala, Costa Rica and Peru are also large suppliers of sustainable coffee. 3

4 Figure 4. Countries of origin for sustainable coffee. 70% 60% 50% 40% Organic coffee Fair Trade coffee Shade coffee 30% 20% 10% 0% Mexico Central America South America Asia Africa Other Don't know Source: Giovannucci (2001). Organic coffee in Mexico The area with organically produced crops in Mexico has grown at an average annual rate of 45 % between 1996 and 2000 (see figure 5), involving more than 33,000 farmers and over 100,000 hectares. Employment in organic agriculture grew by 45 %, and exports of organic products 42 %. About 70 % of the organic area is used for coffee production, representing 10.4 % of the total coffee area in Mexico. Exports reached US$ 32.6 million in Organic coffee is predominately grown by smallholders (average production area 2.5 hectares) of indigenous ethnicity in the southern states of Chiapas and Oaxaca. Organic coffee production in Mexico started in the 1980s, building on pioneering efforts of a few isolated middle size and foreign farmers with long term direct marketing links to specialized organic stores in Europe. While Mexico developed a vibrant organic agriculture, it had no government agency or program dealing specifically with the subject. However, many farmers were able to get grants, subsidized credits and technical assistance through regular rural development programs. Several farmer organizations of coffee producers emerged with the support of the Catholic Church, focusing on the adoption of technologies compatible with the local resources and on establishing direct marketing links (Damiani 2001). 4

5 Figure 5. Cultivation of organic coffee in Mexico (hectares) Certified 2000 In transition 2000 Total 2000 Source: Damiani (2001), adapted from Gomez Cruz et.al. (2001). Future demand The total world production of coffee is estimated to reach 117 million bags in 2002/2003, while the world consumption will only reach 108 millions bags. With an oversupply of 8 million bags, the future market for conventional coffee is problematic and there is a large incentive for entering niche markets (PROCAFE 2001). The US National Coffee Association considers that sustainable coffees are important niches, but does not believe that it can be applied to the whole industry (Nelson 2002). The sales of organic products in Europe are, however, increasing by 23% per year and the WTO has predicted the percentage in the total food market in Germany to increase from 2% today to 10% in 2008 (Vildozo 2002). Table 2 shows how the market recognition and sales of Fair Trade coffee developed from its introduction in the country until Table 2. European Market Data for Fair Trade Coffee Country Years in Existance Retail Market Share Sales Metric Tons Market Recognition Holland 7 2.5% 3,000 90% Switzerland 4 5.0% 1,400 36% Germany 2 1.0% 5,000 23% Source: TransFair USA (2000). In Giovannucci s (2001) survey, the industry expected the market demand for sustainable coffee to either increase or remain the same over the next two years. For organic coffee, almost 60% in the industry believed that the demand would increase. An informal survey made by TransFair USA (2002), shows that 49% of specialty coffee drinkers would chose Fair Trade coffee, while 50% also said that they would pay $1.00 or more per pound for 5

6 Fair Trade coffee. Taste is the most important factor in coffee purchasing behavior why it is crucial that certified sustainable coffee is of high quality. References: Damiani, O. (2002): Organic agriculture in Guatemala : A study of producer organizations in the Cuchumatanes Highlands. Office of Evaluation and Studies, IFAD. Rome. Damiani, O. (2001): Organic agriculture in Mexico : Case studies of small farmer associations in Chiapas and the Yucatan Peninsula. Office of Evaluation and Studies, IFAD. Rome. (Draft) Fair Trade Labeling Organizations International (2002): Fair Trade. A viable alternative for small farmers. (accessed April 23, 2002). Giovannucci, D. (2001): Sustainable Coffee Survey of the North American Specialty Coffee Industry. Conducted for: The Summit Foundation, The Nature Conservancy, North American Commission for Environmental Cooperation, Specialty Coffee Association of America, World Bank. Giovannucci, D., P. Varangis, B. Lewin (2002): Who Shall We Blame Today the International Politics of Coffee. Tee and Coffee Trade Journal, Vol 174, No. 1, Jan International Coffee Organization (2002): ICO Indicator Prices, Monthly and Annual Averages (accessed April 23, 2002). Nelson, R. (2002): Seminar at the World Bank. (accessed April 11, 2002). PROCAFE (2001): Differentiating Salvadorian Coffee. (Slideshow presented at the World Bank, October 2001) TransFair (2000): (accessed March 28, 2002). Vildozo, D. (2002): Certification of Organic Foodstuffs in Developing Countries. Seminar at the World Bank ESSD week, April 11,

Record exports in coffee year 2017/18

Record exports in coffee year 2017/18 Record exports in coffee year 2017/18 Total coffee exports increased each year since 2010/11 with a new record reached in 2017/18 at 121.86 million bags, 2% higher than 2016/17. In the twelve months ending

More information

Coffee market ends 2017/18 in surplus

Coffee market ends 2017/18 in surplus Coffee market ends 217/18 in surplus World coffee production in coffee year 217/18 is estimated 5.7% higher at 164.81 million bags as output of Arabica increased by 2.2% to 11.82, and Robusta grew 11.7%

More information

Prices for all coffee groups increased in May

Prices for all coffee groups increased in May Prices for all coffee groups increased in May In May 2018, the ICO composite indicator increased by 0.7% to an average of 113.34 US cents/lb, following three months of declines. Prices for all coffee groups

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT June 2013 Coffee prices fell sharply in June 2013, as market fundamentals, combined with an uncertain macroeconomic outlook, drove the ICO composite indicator price to its

More information

UTZ Coffee Statistics Report 2017

UTZ Coffee Statistics Report 2017 UTZ Coffee Statistics Report 2017 UTZ is the largest certification program in the world for sustainable coffee More than 480,000 coffee farmers and workers benefit from the UTZ program UTZ certified coffee

More information

July marks another month of continuous low prices

July marks another month of continuous low prices July marks another month of continuous low prices In July 2018, the ICO composite indicator price decreased by 2.9% to an average of 107.20 US cents/lb, which is the lowest monthly average for July since

More information

Growing divergence between Arabica and Robusta exports

Growing divergence between Arabica and Robusta exports Growing divergence between Arabica and Robusta exports In April 218, the ICO composite indicator decreased by.4% to an average of 112.56, with the daily price ranging between 11.49 and 114.73. Prices for

More information

LETTER FROM THE EXECUTIVE DIRECTOR

LETTER FROM THE EXECUTIVE DIRECTOR E LETTER FROM THE EXECUTIVE DIRECTOR COFFEE MARKET REPORT December 2008 Price levels in December confirmed the downward trend recorded in the coffee market since September 2008. The monthly average of

More information

Coffee Season 2013/14 Finishes in Balance but Deficit Expected Next Year

Coffee Season 2013/14 Finishes in Balance but Deficit Expected Next Year Coffee Season 2013/14 Finishes in Balance but Deficit Expected Next Year Coffee prices were volatile again over the course of September, mostly reacting to weather news from Brazil. Daily prices fell initially

More information

Coffee prices maintain downward trend as 2015/16 production estimates show slight recovery

Coffee prices maintain downward trend as 2015/16 production estimates show slight recovery Coffee prices maintain downward trend as 2015/16 production estimates show slight recovery The coffee market fell again in December 2015, reaching its second lowest monthly average of the year. This decrease

More information

LETTER FROM THE EXECUTIVE DIRECTOR COFFEE MARKET REPORT. November 2004

LETTER FROM THE EXECUTIVE DIRECTOR COFFEE MARKET REPORT. November 2004 International Coffee Organization Organización Internacional del Café Organização Internacional do Café Organisation Internationale du Café E LETTER FROM THE EXECUTIVE DIRECTOR COFFEE MARKET REPORT November

More information

Coffee prices rose slightly in January 2019

Coffee prices rose slightly in January 2019 Coffee prices rose slightly in January 2019 In January 2019, the ICO composite indicator rose by 0.9% to 101.56 US cents/lb as prices for all group indicators increased. After starting at a low of 99.16

More information

Coffee market settles lower amidst strong global exports

Coffee market settles lower amidst strong global exports Coffee market settles lower amidst strong global exports The ICO composite indicator price declined by 1.2% in February 2018 to an average of 114.19 US cents/lb. Indicator prices for all three Arabica

More information

Outlook for the. ASEAN INTERNATIONAL SEMINAR ON COFFEE June 2012 Kuta, Bali, Indonesia

Outlook for the. ASEAN INTERNATIONAL SEMINAR ON COFFEE June 2012 Kuta, Bali, Indonesia Outlook for the World Coffee Market ASEAN INTERNATIONAL SEMINAR ON COFFEE 12 13 June 212 Kuta, Bali, Indonesia José Sette Head of Operations ICO Composite Indicator Price (in current terms) Monthly averages:

More information

Coffee Market Outlook

Coffee Market Outlook Coffee Market Outlook 15 th Asia International Coffee Conference Ho Chi Minh City, Vietnam 7-9 December 2009 Néstor Osorio Executive Director ICO composite indicator price Monthly: January 2000 to November

More information

UTZ Cocoa Statistics Report 2017

UTZ Cocoa Statistics Report 2017 UTZ Cocoa Statistics Report 2017 UTZ is the largest program in the world for sustainable cocoa There are more than 760,000 cocoa farmers in the UTZ program UTZ certified cocoa is produced in 21 countries

More information

Coffee market ends 2014 at ten month low

Coffee market ends 2014 at ten month low Coffee market ends 2014 at ten month low Coffee prices continued to slide downwards in December 2014, with the monthly average of the ICO composite indicator at its lowest level since February. Recent

More information

Coffee market continues downward trend

Coffee market continues downward trend Coffee market continues downward trend Since August 2017, the ICO composite indicator price has declined in each month except January 2018. The composite indicator decreased by 1.1% in March 2018 to an

More information

LETTER FROM THE EXECUTIVE DIRECTOR

LETTER FROM THE EXECUTIVE DIRECTOR E LETTER FROM THE EXECUTIVE DIRECTOR COFFEE MARKET REPORT August 2009 Although the monthly average of the ICO composite indicator price increased by 4% in August, from 112.90 US cents per lb in July to

More information

2018/19 expected to be the second year of surplus

2018/19 expected to be the second year of surplus 2018/19 expected to be the second year of surplus Coffee year 2018/19 is expected to be the second consecutive season of surplus, as global output, estimated at 167.47 million bags, exceeds world consumption,

More information

Coffee market recovers slightly from December slump

Coffee market recovers slightly from December slump Coffee market recovers slightly from December slump After reaching its lowest level in 22 months in December 2017, the monthly average of the ICO composite indicator price increased by 1.4% to 115.60 US

More information

Record exports from Brazil weigh heavy on the coffee market

Record exports from Brazil weigh heavy on the coffee market Record exports from Brazil weigh heavy on the coffee market Coffee exports from Brazil reached a record high of 36.8 million bags in crop year 2014/15 (April to March), fuelled by domestic stocks and encouraged

More information

January 2015 WORLD GRAPE MARKET SUPPLY, DEMAND AND FORECAST

January 2015 WORLD GRAPE MARKET SUPPLY, DEMAND AND FORECAST January 2015 WORLD GRAPE MARKET SUPPLY, DEMAND AND FORECAST Table of Contents Executive Summary... 4 1. VARIETIES OF GRAPES... 6 1.1. White table grapes... 6 1.2. Red table grapes... 6 2. WORLD DEMAND

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT February 2014 February 2014 has seen significant developments in the coffee market, with prices shooting upwards at a startling rate. The ICO composite daily price has increased

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT July 2012 Coffee prices rebounded in July 2012, with the ICO composite indicator increasing by 9.5% compared to June, following nine consecutive months of price falls. The

More information

Outlook for the World Coffee Market

Outlook for the World Coffee Market Outlook for the World Coffee Market 8 th AFRICAN FINE COFFEE CONFERENCE & EXHIBITION 17 to 19 February 2011 Arusha, Tanzania José Sette Executive Director a.i. 225 ICO composite indicator price Monthly:

More information

Downward correction as funds respond to increasingly positive supply outlook

Downward correction as funds respond to increasingly positive supply outlook Downward correction as funds respond to increasingly positive supply outlook Coffee prices fell sharply at the end of April as institutional investors sold off their positions. The coffee market continues

More information

Volatility returns to the coffee market as prices stay low

Volatility returns to the coffee market as prices stay low Volatility returns to the coffee market as prices stay low Daily coffee prices hit their lowest level in 19 months during August, as commodity markets worldwide were negatively affected by currency movements

More information

Coffee market ends 2016/17 coffee year in deficit for the third consecutive year

Coffee market ends 2016/17 coffee year in deficit for the third consecutive year Coffee market ends 2016/17 coffee year in deficit for the third consecutive year The ICO composite indicator continued its downward trend that started at the end of August, averaging 124.46 US cents/lb.

More information

Coffee market remains volatile but lacks direction

Coffee market remains volatile but lacks direction Coffee market remains volatile but lacks direction Prices fluctuated significantly during August, with the ICO composite indicator dropping by 10 cents before jumping back up another 12 cents by the end

More information

Record Exports for Coffee Year 2016/17

Record Exports for Coffee Year 2016/17 Record Exports for Coffee Year 2016/17 Total exports in September 2017 reached 8.34 million bags, compared to 9.8 million in September 2016. While coffee year 2016/17 registered a decrease in its final

More information

World coffee consumption increases but prices still low

World coffee consumption increases but prices still low World coffee consumption increases but prices still low The coffee market stabilised slightly in February, but prices remain at very low levels. A lack of news regarding fundamentals with expectations

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT 1 E MONTHLY COFFEE MARKET REPORT March 2014 Ongoing uncertainty over the Brazilian coffee crop has caused significant fluctuations in coffee prices during March, with monthly volatility of the International

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT December 2011 In December 2011 Arabica prices underwent significant downward corrections while Robusta prices increased slightly. The average of the 2 nd and 3 rd positions

More information

Jigsaw. Win Win Solutions. Student Handouts: Jigsaw Groups #1 - #5

Jigsaw. Win Win Solutions. Student Handouts: Jigsaw Groups #1 - #5 CLASS4 UNIT 2: UNDERSTANDING FAIR TRADE Jigsaw Materials Needed Student Handouts: Jigsaw Groups #1 - #5 Classroom Narrative ACTIVITY: Place students into five groups. Have students study their group s

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT July 2011 Downward corrections to coffee prices recorded in June continued during July 2011, as the monthly average of the ICO composite indicator price fell to 210.36 US

More information

Revised World Coffee Production Forecast Remains on Track for Record 140

Revised World Coffee Production Forecast Remains on Track for Record 140 United States Department of Agriculture Foreign Agricultural Service Circular Series FTROP 4-8 December 28 Revised World Coffee Forecast Remains on Track for Record 14 12 Million 6 kilo bags 1 8 6 4 2

More information

Outlook for the World Coffee Market

Outlook for the World Coffee Market Outlook for the World Coffee Market International Coffee Council 26-3 September 211 London, England José Sette Executive Director a.i. ICO composite indicator price Daily: 1 October 29 to 26 September

More information

World Cocoa Conference Nov 2012

World Cocoa Conference Nov 2012 World Cocoa Conference 19-23 Nov 2012 Situation and prospects for cocoa supply & demand Laurent Pipitone Director of Economics & Statistics Division 1 Improving market information and transparency One

More information

World Cocoa Prices. Commodity Prices Update: Coffee, Cocoa, and Cotton. Joelle Cook and Professor C. Leigh Anderson

World Cocoa Prices. Commodity Prices Update: Coffee, Cocoa, and Cotton. Joelle Cook and Professor C. Leigh Anderson SDR per tonne Commodity Prices Update: Coffee, Cocoa, and Cotton Joelle Cook and Professor C. Leigh Anderson Prepared for the Agricultural Policy and Statistics Division of the Bill and Melinda Gates Foundation

More information

CHAPTER 7.1 FOCUS ON FAIRTRADE PRODUCTS COFFEE

CHAPTER 7.1 FOCUS ON FAIRTRADE PRODUCTS COFFEE CHAPTER 7.1 FOCUS ON FAIRTRADE PRODUCTS COFFEE MONITORING THE SCOPE AND BENEFITS OF FAIRTRADE SIXTH EDITION 2014 77 MONITORING THE SCOPE AND BENEFITS OF FAIRTRADE SIXTH EDITION 2014 78 7.1 Fairtrade Fact

More information

Tea Statistics Report 2015

Tea Statistics Report 2015 Tea Statistics Report 215 Introduction This report presents the scope and scale of the UTZ tea program in 215. Throughout this report tea also includes rooibos unless otherwise specified. The statistics

More information

Overview of the Manganese Industry

Overview of the Manganese Industry 39th Annual Conference Istanbul, Turkey 2013 Overview of the Manganese Industry International Manganese Institute Alberto Saavedra Market Research Manager June, 2013 Introduction Global Production Supply,

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT May 2014 After five consecutive months of rising prices, the coffee market reversed lower in May. From a high of 179 cents/lb in April, the daily price of the ICO composite

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT August 2012 Coffee prices experienced negative corrections across the board in August 2012, with the ICO composite indicator falling by 6.6% compared to July. This continues

More information

Coffee: World Markets and Trade

Coffee: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service Circular Series December 213 Coffee: World Markets and Trade 4 in Producing Countries to Continue Rising Million 6 Kilogram Bags 3 2

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT February 2012 Coffee prices presented a mixed performance in February, with Arabicas slipping and Robustas increasing by a similar amount. This resulted in a sharp narrowing

More information

Monthly Economic Letter

Monthly Economic Letter Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT After some upward movement in April, most benchmark prices turned lower in early May. After climbing to the upper

More information

Tanzania. Coffee Annual. Tanzania Coffee Annual Report

Tanzania. Coffee Annual. Tanzania Coffee Annual Report THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT November 2010 Coffee prices rose sharply during the month of November with the monthly average of the ICO composite indicator price reaching a level of 173.90 US cents per

More information

2018 World Vitiviniculture Situation. OIV Statistical Report on World Vitiviniculture

2018 World Vitiviniculture Situation. OIV Statistical Report on World Vitiviniculture 2018 World Vitiviniculture Situation OIV Statistical Report on World Vitiviniculture Introduction This report has been prepared by the Statistics department of the International Organisation of Vine and

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

THE GLOBAL PULSE MARKETS: recent trends and outlook

THE GLOBAL PULSE MARKETS: recent trends and outlook THE GLOBAL PULSE MARKETS: recent trends and outlook CICILS/IPTIC 2004 CONVENTION 10-12 12 June 2004 Beijing, China Boubaker BENBELHASSEN Commodities and Trade Division United Nations Food and Agriculture

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

Making the Case for Fair Trade.

Making the Case for Fair Trade. Making the Case for Fair Trade Overview What is Fair Trade? Fair Trade Principles Looking at Coffee Fair Trade vs. Conventional Trade Fair Trade Labels What is the CRS Fair Trade Program? How to get involved

More information

International Market Trends on Cocoa Trade for Sustainable Development Programme

International Market Trends on Cocoa Trade for Sustainable Development Programme International Market Trends on Cocoa Trade for Sustainable Development Programme Global Cocoa Trends: Production Primary cocoa growing regions are Africa, Asia and Latin America. Africa accounts for 70%

More information

LETTER FROM THE EXECUTIVE DIRECTOR

LETTER FROM THE EXECUTIVE DIRECTOR E LETTER FROM THE EXECUTIVE DIRECTOR COFFEE MARKET REPORT April 2010 Prices of Colombian Milds and Brazilian Naturals were slightly down in April compared to their levels in March while prices of Other

More information

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade

Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade Million MT United States Department of Agriculture Foreign Agricultural Service December 21 Fresh Deciduous Fruit (Apples, Grapes, & Pears): World Markets and Trade 21/11 Forecast: World Apple Trade Declines;

More information

CHAPTER 3: CERTIFIED COFFEE 82

CHAPTER 3: CERTIFIED COFFEE 82 33 CHAPTER 3: CERTIFIED COFFEE 82 Coffee is one of the most important commodities on the world market. It is produced and exported by nearly 60 nations, ranks as one of the top cash crops in developing

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT June 2012 In June 2012 coffee prices, particularly those of Arabicas, continued the fall recorded in recent months. The drop in Robusta prices was less marked than in the

More information

WP Board No. 934/03. 7 May 2003 Original: English. Executive Board May 2003 London, England

WP Board No. 934/03. 7 May 2003 Original: English. Executive Board May 2003 London, England WP Board No. 934/03 International Coffee Organization Organización Internacional del Café Organização Internacional do Café Organisation Internationale du Café 7 May 2003 Original: English Executive Board

More information

Coffee: World Markets and Trade

Coffee: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service June 2016 Coffee: World Markets and Trade 2016/17 Forecast Overview World coffee production for 2016/17 is forecast to rise 2.4 million

More information

ACOS ETHIOPIA CASE STUDY

ACOS ETHIOPIA CASE STUDY OUR HISTORY It was only 2005 when Acos Ethiopia came to light from a pioneering idea of forward thinking people, the Pedon family. Ethiopia then was an even more challenging environment than it is now,

More information

Coffee market ends 2015/16 in deficit for the second consecutive year

Coffee market ends 2015/16 in deficit for the second consecutive year Coffee market ends 2015/16 in deficit for the second consecutive year The coffee market settled up by 5.5% in September, mostly driven by a steady increase in Robusta prices supported by concerns over

More information

ICC September 2018 Original: English. Emerging coffee markets: South and East Asia

ICC September 2018 Original: English. Emerging coffee markets: South and East Asia ICC 122-6 7 September 2018 Original: English E International Coffee Council 122 st Session 17 21 September 2018 London, UK Emerging coffee markets: South and East Asia Background 1. In accordance with

More information

Economic Role of Maize in Thailand

Economic Role of Maize in Thailand Economic Role of Maize in Thailand Hnin Ei Win Center for Applied Economics Research Thailand INTRODUCTION Maize is an important agricultural product in Thailand which is being used for both food and feed

More information

LETTER FROM THE EXECUTIVE DIRECTOR

LETTER FROM THE EXECUTIVE DIRECTOR E LETTER FROM THE EXECUTIVE DIRECTOR COFFEE MARKET REPORT January 2010 The upward trend in coffee prices recorded in December2009 continued during the first fortnight of 2010, with the monthly average

More information

CropCast Global Coffee Estimates

CropCast Global Coffee Estimates CropCast Weekly Report Kenny Miller Tuesday, June 06, 2017 CropCast Global Estimates AREA (th hectares) YIELD (kg/ha) PRODUCTION (M bags) 16/17 17/18 16/17 17/18 16/17 17/18 South America 4281 4206 994

More information

Source : Intl Coffee Org. Other Milds. Brazil 26,08 % 29,28 % 28,27 % 26,37 % 28,81 % 39,76 % 27,78 % 34,19 % Prices Kenya

Source : Intl Coffee Org. Other Milds. Brazil 26,08 % 29,28 % 28,27 % 26,37 % 28,81 % 39,76 % 27,78 % 34,19 % Prices Kenya 2 nd World Coffee Conference, Bahia 23-25 September 25 Lesson emerging from the crisis : New paths for the coffee sector Session 2 : Coffee policies in a market economy Giuseppe Lavazza Source : Intl Coffee

More information

COFFEE: A LOOK FORWARD TO 2030

COFFEE: A LOOK FORWARD TO 2030 COFFEE: A LOOK FORWARD TO 2030 José Sette Executive Director International Coffee Organization Sintercafé, Costa Rica 11 November 2017 WHO WE ARE The International Coffee Organization (ICO) is the main

More information

Hilary Parsons Nestlé SA

Hilary Parsons Nestlé SA ETHICAL SOURCING Hilary Parsons Nestlé SA The Responsible Business Summit May 14th 2008 1 Disclaimer This presentation contains forward looking statements which reflect Nestlé s current views and estimates.

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

Sustainability Initiatives in Other Tropical Commodities Dr. Jean-Marc Anga Director, Economics and Statistics Division

Sustainability Initiatives in Other Tropical Commodities Dr. Jean-Marc Anga Director, Economics and Statistics Division 0 International Cocoa Organization Sustainability Initiatives in Other Tropical Commodities Dr. Jean-Marc Anga Director, Economics and Statistics Division 1 Sustainable Development 1983: Brundtland Commission

More information

Coffee: World Markets and Trade

Coffee: World Markets and Trade United States Department of Agriculture Foreign Agricultural Service June 2017 Coffee: World Markets and Trade 2017/18 Forecast Overview World coffee production for 2017/18 is forecast at 159 million bags

More information

Downward correction in coffee market as supply prospects improve

Downward correction in coffee market as supply prospects improve Downward correction in coffee market as supply prospects improve The recent rally in coffee prices underwent a notable reversal in November 2016, attributed to improved weather prospects in Brazil and

More information

Special Price and Premium Terms

Special Price and Premium Terms USA Version 1.1.0 Version 1.1.0 A. Purpose This document contains a description of special Price and Premium requirements which apply to certain Certified TM agricultural products. These include rules

More information

UNDERSTANDING CHINA: THE PECAN EXPORT MARKET & TOTAL CONSUMPTION

UNDERSTANDING CHINA: THE PECAN EXPORT MARKET & TOTAL CONSUMPTION UNDERSTANDING CHINA: THE PECAN EXPORT MARKET & TOTAL CONSUMPTION INSHELL PECAN IMPORTS BY CHINA UNITED STATES SOUTH AFRICA MEXICO U.S. INSHELL AND PECAN KERNEL EXPORTS TO CHINA (MT) (12 Month Comparison:

More information

Import Volume of coffee into Japan (metric tons) Total Green Beans equivalent. Soluble Coffee

Import Volume of coffee into Japan (metric tons) Total Green Beans equivalent. Soluble Coffee Market in Japan -111- History 1. A limited amount of coffee was drunk by Dutch residents of Nagasaki at the end of the eighteenth century. However, coffee was not generally sold until the last quarter

More information

How do standards collaborate in the coffee sector? What are the goals?

How do standards collaborate in the coffee sector? What are the goals? How do standards collaborate in the coffee sector? What are the goals? Joint presentation by Rainforest Alliance, UTZ Certified, Fairtrade International, Kenya Coffee Code of Practice and 4C Baseline Standard

More information

China: Opportunities & Challenges for Produce from South America. Mabel Zhuang Director, M.Z. Marketing Communications PMA China Consultant

China: Opportunities & Challenges for Produce from South America. Mabel Zhuang Director, M.Z. Marketing Communications PMA China Consultant China: Opportunities & Challenges for Produce from South America Mabel Zhuang Director, M.Z. Marketing Communications PMA China Consultant Agenda A Little Background: China s Economy Overview Setting the

More information

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

4C Association: the global platform for sustainable coffee November 14th, 2014 Sintercafe 2014, San Jose, Costa Rica

4C Association: the global platform for sustainable coffee November 14th, 2014 Sintercafe 2014, San Jose, Costa Rica 4C Association: the global platform for sustainable coffee November 14th, 2014 Sintercafe 2014, San Jose, Costa Rica NTENT he 4C Association: Vision and Mission ur 3 main functions & key elements he Entry

More information

Monthly Economic Letter

Monthly Economic Letter Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT After falling in the days surrounding the release of last month s USDA report, NY futures and the A Index were mostly

More information

Consumers Favour Fairtrade as Ethical Label of Choice Fairtrade Ireland releases Fairtrade International annual report on Unlocking the Power

Consumers Favour Fairtrade as Ethical Label of Choice Fairtrade Ireland releases Fairtrade International annual report on Unlocking the Power Consumers Favour Fairtrade as Ethical Label of Choice Fairtrade Ireland releases 2012-13 Fairtrade International annual report on Unlocking the Power Dublin, Ireland, 3 September 2013. Fairtrade International

More information

Chile. Tree Nuts Annual. Almonds and Walnuts Annual Report

Chile. Tree Nuts Annual. Almonds and Walnuts Annual Report THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report

More information

Soft Commodity Markets - Upcoming Milestones, and How the Market Could Be Affected

Soft Commodity Markets - Upcoming Milestones, and How the Market Could Be Affected Soft Commodity Markets - Upcoming Milestones, and How the Market Could Be Affected September 15, 2014 Judith Ganes President J. Ganes Consulting, LLC Weather & Politics Current Weather Expectations El

More information

Coffee Eco-labeling: Profit, Prosperity, & Healthy Nature? Brian Crespi Andre Goncalves Janani Kannan Alexey Kudryavtsev Jessica Stern

Coffee Eco-labeling: Profit, Prosperity, & Healthy Nature? Brian Crespi Andre Goncalves Janani Kannan Alexey Kudryavtsev Jessica Stern Coffee Eco-labeling: Profit, Prosperity, & Healthy Nature? Brian Crespi Andre Goncalves Janani Kannan Alexey Kudryavtsev Jessica Stern Presentation Outline I. Introduction II. III. IV. Question at hand

More information

World of sugar PAGE 54

World of sugar PAGE 54 World of sugar More than 1 countries produce sugar, about 8% of which is made from sugar cane grown primarily in the tropical and sub-tropical zones of the southern hemisphere, and the balance from sugar

More information

ICC March 2009 Original: French. Study. International Coffee Council 102 nd Session March 2009 London, England

ICC March 2009 Original: French. Study. International Coffee Council 102 nd Session March 2009 London, England ICC 102-1 11 March 2009 Original: French E Study International Coffee Council 102 nd Session 18 20 March 2009 London, England Study on coffee consumption in ICO non-member countries Background The purpose

More information

The Multiple Dimensions of Risk in Coffee

The Multiple Dimensions of Risk in Coffee The Multiple Dimensions of Risk in Coffee Annual Conference Forum on Agricultural Risk Management in Development 9-10 June 2011 Zurich, Switzerland José Sette Executive Director a.i. 1. Types of risk SUMMARY

More information

HONDURAS. A Quick Scan on Improving the Economic Viability of Coffee Farming A QUICK SCAN ON IMPROVING THE ECONOMIC VIABILITY OF COFFEE FARMING

HONDURAS. A Quick Scan on Improving the Economic Viability of Coffee Farming A QUICK SCAN ON IMPROVING THE ECONOMIC VIABILITY OF COFFEE FARMING HONDURAS A Quick Scan on Improving the Economic Viability of Coffee Farming 1 OBJECTIVES OF STUDY Overall objective Identify opportunities for potential benefits to coffee farmers from improved farm profitability

More information

Ecobank s pan-african footprint. Africa-Asia trade flows

Ecobank s pan-african footprint. Africa-Asia trade flows Ecobank s pan-african footprint Africa-Asia trade flows Ghana, Côte d Ivoire and Nigeria: The changing face of West African cocoa Dr Edward George Head of Group Research, Ecobank Lagos, February 3rd 2016

More information

UTZ Tea Statistics Report 2017

UTZ Tea Statistics Report 2017 UTZ Tea Statistics Report 2017 More than 107,000 tea farmers and workers benefit from the UTZ program UTZ certified tea is produced in 13 countries In 2017, more than 4.6 billion cups of UTZ certified

More information

Outline. Long-term Outlook for Cotton Consumption. World End-Use Consumption of Textile Fibers. World Consumption of Textile Fibers

Outline. Long-term Outlook for Cotton Consumption. World End-Use Consumption of Textile Fibers. World Consumption of Textile Fibers World Cotton Supply and Use International Cotton Advisory Committee Secretariat Outline! Long-term Outlook for Consumption! Outlook for /! Developments in World Cotton Trade Fifth Open Session: Cotton

More information

Impacto de la roya sobre la cadena del café. Renaud Cuchet Managing Director Efico Central America

Impacto de la roya sobre la cadena del café. Renaud Cuchet Managing Director Efico Central America Impacto de la roya sobre la cadena del café Renaud Cuchet Managing Director Efico Central America TOPICS 1. THE SITUATION IN LATIN AMERICA 2. HOW COFFEE BUYERS PERCEIVE THE RUST CRISIS ü Question # 1:

More information

www.sustainablecommodities.org How SCP Functioned?: Multi-stakeholder platform resulting from 2 UNCTAD conferences ( 04 / 05) Objective: Increase sustainability of commodity sectors through collaboration

More information

M03/330/S(2) ECONOMICS STANDARD LEVEL PAPER 2. Wednesday 7 May 2003 (morning) 2 hours INSTRUCTIONS TO CANDIDATES

M03/330/S(2) ECONOMICS STANDARD LEVEL PAPER 2. Wednesday 7 May 2003 (morning) 2 hours INSTRUCTIONS TO CANDIDATES c PROGRAMA IB DIPLOMA PROGRAMME PROGRAMME DU DIPLÔME DU BI DEL DIPLOMA DEL BI M03/330/S(2) ECONOMICS STANDARD LEVEL PAPER 2 Wednesday 7 May 2003 (morning) 2 hours INSTRUCTIONS TO CANDIDATES! Do not open

More information

MONTHLY COFFEE MARKET REPORT

MONTHLY COFFEE MARKET REPORT E MONTHLY COFFEE MARKET REPORT January 2012 Prices of the three Arabica groups remained relatively firm in January, while those of Robustas fell slightly. The monthly average of the ICO composite indicator

More information

Agriculture and Food Authority

Agriculture and Food Authority Agriculture and Food Authority Presentation by: SOLOMON ODERA Interim Head of Sugar Directorate Agriculture and Food Authority November, 2017 KENYA SUGARCANE INDUSTRY OUTLINE 1) Introduction 2) Kenyan

More information