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Indian-Commodity  :  Commodities  :  Coffee  :  World coffee exports surges 3% to 107.8 million bags: ICO

World coffee exports surges 3% to 107.8 million bags: ICO (05-Nov-2012)

World coffee exports surged by 3% to 107.8 million bags in the last coffee year, which ended in September, on the back of increased shipments from Vietnam, Indonesia, and Mexico among others. International shipments of the coffee stood at 104.7 million bags (of 60 kg each) in 2010-11 (October-September).

As per the International Coffee Organisation (ICO), exports in 2011-12 coffee year recorded a rising trend in Vietnam, Indonesia, Mexico, Cote D' Ivorie, Costa Rica, Ecuador, Guatemala, Nicaragua, etc. Yet, the shipments of the brew declined in major exporting countries of Brazil, Columbia, Ethiopia and India.

The exports of Arabica totaled 66 million bags compared to 67.8 million bags last year, while robusta exports amounted to 41.8 million bags compared to 36.9 million bags in 2010-11.

World coffee exports rose by 3% to 7.94 million bags in Sept 2012 compared with 7.71 million in Sept 2011. The world coffee production has been projected at 134.3 million bags in the 2011-12 crop year against the previous year same period since the shortfall in output in Brazil was compensated by Vietnam, Peru and Honduras.


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