Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 

Home > News

World coffee production for 2023/24 is forecast 4.3 million bags higher than the previous year to 174.3 million

23.06.2023 08:57 "Agro Perspectiva" (Kyiv) According to the report of the USDA Coffee: World Markets and Trade (June 2023), world coffee production for 2023/24 is forecast 4.3 million bags (60 kilograms) higher than the previous year to 174.3 million. Higher output in Brazil and Vietnam is expected to more than offset reduced production in Indonesia. With additional supplies, global exports are expected up 5.8 million bags to a record 122.2 million primarily on strong shipments from Brazil. With global consumption forecast at a record 170.2 million bags, ending inventories are expected to remain tight at 31.8 million bags.

Brazil combined Arabica and Robusta harvest is forecast up 3.8 million bags to 66.4 million in 2023/24. Arabica output is forecast to improve 4.9 million bags to 44.7 million. In January 2023, coffee trees in top growing region Minas Gerais experienced higher than average rains during the fruit development stage that caused difficulties for some growers in controlling plant diseases and pests. However, increased precipitation resulted in coarser and heavier beans compared to the last crop, which contributed to production gains. Although output is expected to expand, this quantity is below previous crops that peaked at nearly 50 million bags. Arabica trees in many growing regions continue to recover from severe frosts, high temperatures, and below-average rainfall that occurred in 2021 that lowered production in 2021/22 and 2022/23. Following 6 years of expansion, the Robusta harvest is forecast to decline 1.1 million bags to 21.7 million as reduced rains and cooler temperatures leading up to the flowering stage lowered yields in Espirito Santo, where the vast majority is grown. Coffee bean exports are forecast to rebound 8.0 million bags to 41.0 million, fueled by higher supplies and an expected stocks drawdown.

Vietnam production is forecast to rebound 1.6 million bags to 31.3 million due to higher yields attributed to favorable weather. Cultivated area is forecast unchanged, with nearly 95 percent of total output remaining as Robusta. Bean exports are forecast to decline 1.5 million bags to 24.5 million, with output gains boosting ending stocks to 2.7 million bags.

Central America and Mexico production is forecast nearly unchanged at 17.9 million bags, with Arabica accounting for 95 percent of total output. Modest gains in Honduras, El Salvador and Costa Rica are expected to offset a slight dip in Guatemala. Bean exports for the region are forecast nearly flat at 14.7 million bags on steady shipments to top markets.

Colombia Arabica production is forecast up 300,000 bags to 11.6 million on slightly higher yields. Despite rising, yields remain nearly 15 percent below normal because growers limited fertilizer use due to its price spike. Bean exports, mostly to the United States and European Union, are forecast up just 100,000 bags to 10.9 million as supplies remain tight.

Indonesia combined Arabica and Robusta harvest is forecast down 2.2 million bags to 9.7 million. Robusta production is expected to

drop 2.1 million bags to 8.4 million. Excessive rain during cherry development lowered yields and caused sub-optimal conditions for

pollination in the lowland areas of Southern Sumatra and Java, where approximately 75 percent is grown. Arabica production is seen

dipping slightly to 1.3 million bags. Bean exports are forecast to plummet 2.5 million bags to 5.2 million on sharply reduced supplies.

Ethiopia Arabica production is forecast nearly flat at 8.4 million bags and remains the worlds third-largest Arabica producer behind Brazil

and Colombia. Yields have been stubbornly stuck around 14 bags per hectare while other top Arabica producers average yields that are 40–60 percent higher. Improved crop management practices have not been widely adopted because 95 percent of production occurs on non-commercial plots typically one-half hectare or less. Few non-commercial growers are interested in incurring investment costs due to

the informal nature of their growing method, while commercial growers note that 5 to 10 years are needed to realize a return on their investment. Yields are also low due to limited use of fungicides despite the presence of coffee berry disease, coffee wilt disease, and root rot disease. Bean exports are forecast unchanged on stable supplies.

India combined Arabica and Robusta harvest is forecast to decline 400,000 bags to 5.8 million. Robusta production is forecast to drop 300,000 bags to 4.6 million due primarily to a prolonged dry spell from December 2022 to March 2023 which was followed by poor pre-monsoon rains. Arabica production is seen slipping 100,000 bags to 1.2 million. Bean exports are forecast up just 100,000 bags to 4.3 million on a slight inventory drawdown.

European Union imports are forecast up 3.0 million bags to 47.5 million and account for 40 percent of the worlds coffee bean imports. Top suppliers in calendar year 2022 included Brazil (35 percent), Vietnam (22 percent), Uganda (7 percent), and Honduras (6 percent). Ending stocks are expected to rise 500,000 bags to 13.1 million.

The United States imports the second-largest amount of coffee beans and is forecast to gain 2.5 million bags to 26.5 million. Top suppliers in calendar year 2022 included Brazil (31 percent), Colombia (19 percent), Vietnam (10 percent), and Guatemala (6 percent). Ending stocks are forecast up 1.1 million bags to 6.8 million.

Agro Perspectiva

< Mexicos Production Recovering from Coffee Leaf Rust All news for
Nibulon invests EUR 27 mln in construction of granary, flour mill in Izmail >

04:15 Emergency brake triggered for oat imports from Ukraine
09:00 Colombia Production: Two Periods of Sharp Decline
15:35 World pear production for MY 2023/24 is projected up more than 275,000 tons to 25.2 million
10:35 India Apple Imports Forecast at a Record High
09:21 FAO Food Price Index slightly up in May: higher cereal and dairy prices offset easing sugar and vegetable oil quotations
14:04 Commission clarifies support for farmers in case of exceptional weather events
13:33 Digitalization: it is time to bridge the gap between urban and rural areas
18:25 Two years of Solidarity Lanes have brought the EU, Ukraine and Moldova closer together
08:10 Seven additional private sector leaders announce support for Antimicrobial Use Stewardship Principles in poultry, now includes over 40% of global poultry meat production
23:32 EU extends trade support to Ukraine for one more year
04:36 European Union corn is forecast at 18.0 million tons
18:55 2024/25 Grain Consumption Expands while Trade Moderates
18:47 Oilseeds Stocks Forecast to Reach Record Highs in 2024/25
09:17 The International Year of the Woman Farmer in 2026 Approved by the UN General Assembly, it will increase awareness of the crucial role women farmers play in agrifood systems
08:10 2024 wheat forecast trimmed
21:25 Rising international quotations for meat, cereals and vegetable oils offset drops for dairy and sugar
07:10 El Niño and La Niña: four crucial steps to build climate resilience
08:25 Acute hunger remains persistently high in 59 countries with 1 in 5 people assessed in need of critical urgent action
10:43 New CEO at BASF: Martin Brudermüller hands over to Markus Kamieth
09:45 Parliament approves a revision of the EUs common agricultural policy
16:23 MEPs approve trade support measures for Ukraine with protection for EU farmers
18:08 Ministry of Agrarian Policy and Food predicts this years harvest of grains and oilseeds at about 74 million tonnes
12:12 West Africa Cocoa Shortage Pushes Up Prices
23:48 U.S. Soybean Meal Exports Forecast at Consecutive Records in 2022/23 and 2023/24
23:10 EU Wheat Exports Challenged by Russias Growing Dominance
11:30 Country of origin of honey must be clearly visible on the label. EU honey traceability system to be developed
15:59 Commission starts setting up the Agriculture and Food Chain Observatory
15:33 Commission approves 2.2 billion German State aid scheme to support the decarbonisation of industrial processes to foster the transition to a net-zero economy
13:17 Donau Soja urges EU for clarity on EUDR implementation
10:44 Ukraine remained the third source of EU imports in 2023, with a value of EUR 11.8 billion
10:04 World cereal output seen up in 2023/24
09:55 FAO Food Price Index rises in March
10:04 Shellfish Crop Insurance Program Offers Oyster Producers Needed Protection from Environmental Challenges and More
23:01 Croatian horseradish root Ludbreški hren' added to register of Protected Designations of Origin
10:15 FAO and chef Fatmata Binta announce new project to empower women fonio producers in Ghana
12:55 Council compromise on Ukraine ATMs Only a half step forward in the right direction
09:18 Commission approves amendment to Italian State aid scheme to support companies in Friuli Venezia Giulia in the context of Russia's war against Ukraine
10:55 Projected famine in Gaza: FAO urges immediate access to deliver urgent and critical assistance at scale. About 1.1 million people are experiencing catastrophic food insecurity
08:44 EU makes major step forward in the delivery of 2024 humanitarian aid for Palestinians in Gaza*
16:17 Commission approves 86.9 million Bulgarian State aid scheme to support farmers in the context of Russia's war against Ukraine
11:15 Commission takes action to boost biotechnology and biomanufacturing in the EU
11:13 Deal to extend trade support for Ukraine with safeguards for EU farmers
09:43 CAP - The Commission proposes simplifications that safeguard agricultural transitions!
23:10 The European Union and Switzerland launch negotiations to deepen bilateral relations
10:05 Commission proposes targeted review of Common Agricultural Policy to support EU farmers
23:36 Cargill Power CanolaTM Program Helps Farmers Take Advantage of Growing Bioenergy Market Opportunities for Canadian Canola
23:19 FAO will provide Ukrainian farmers with soybean and sunflower seeds for spring sowing campaign
23:27 FAO urges more cooperation in banana sector, significant for some least developed and low-income food-deficit countries and smallholder farmers
16:51 The European Commission sets out key steps for managing climate risks to protect people and prosperity
20:25 Coreper and COMENVI approve the provisional agreement on EU Carbon Removal Certification Framework

Also available: 

NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2024 © Agrarika, ltd.
tel.: +380 67 4473802; +380 67 5964652
e-mail: client@agroperspectiva.com