Agri Business

Global coffee exports up 9% in June: ICO

PTI New Delhi | Updated on August 10, 2011

coffee

World coffee exports rose by nine per cent to 8.76 million bags of 60 kg each in June this year on the back of increasing global demand.

The global export of the brew stood at 8.02 million bags in the year ago period, according to the International Coffee Organisation (ICO) data.

In the first nine months of the current coffee year (October—September), coffee shipments rose by 16 per cent to 80.7 million bags compared to 69.7 million bags in the same period of the previous year.

In the twelve months ending June 2011, exports of Arabica totalled 68.4 million bags compared to 59.6 million bags in the year—ago period, ICO said.

Robusta exports amounted to 36.5 million bags compared to 32.6 million bags in the period under review, it added.

The global body on coffee has pegged the world output of the brew at 133 million bags in the 2010—11 coffee year.

ICO expects the coffee output in 2011—12 period at 130 million bags, while the United States Department of Agriculture (USDA) in its recent report has forecast the global production at 135 million bags.

Published on August 10, 2011

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor