world markets

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United States Department of Agriculture Foreign Agricultural Service Circular Series December 2012

Coffee: World Markets and Trade

Record World Production Forecast for Third Consecutive Year

Million 60 Kilogram Bags

160

120

80

40

0 2008/09

2009/10

Brazil

2010/11

Vietnam

2011/12

2012/13 F

Other

World coffee production for 2012/13 is forecast at a record 151 million bags, up almost 7 million from the previous year, marking the third consecutive year of rising output. Brazil is forecast to account for nearly all the gain as its Arabica crop enters the on-year of the biennial production cycle, while Indonesia’s higher production is offset by Vietnam’s lower output. Colombia is forecast down slightly from last year to its lowest level in four decades. Global bean exports are forecast at a record. Although ending stocks are forecast higher, supplies remain tight.

_______________________________________________________________________________________________________ Approved by the World Agricultural Outlook Board/USDA


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