world consumption

The world coffee consumption in 2013 will rise to 146 million 60 kg bags, compared to 142 million last year, said the executive director of the International Coffee Organization (ICO), Robério Oliveira Silva.

The general girector of the Russian Association of Producers of Coffee and Tea, Ramaz Chanturiy, believes the world coffee consumption will grow by up to 360,000 tonnes next year. According to news agency Rossiyskaya Gazeta, the expectation is that product prices increase at least 3% worldwide. In Russia, the situation, according to the expert, the value may increase further with the possibility of the end of tax exemption for industrial grinders.

Given the economic crisis, the global consumption of Robusta coffee grew last year, according to different estimates. Being cheaper, roasting industries started using more species in place of Arabica with noblest beans and expensive and highest market value. For companies and consultancies, the outlook is that the trend of substitution of Arabic for Robusta in roasted and ground blends should continue in 2013.

The International Coffee Organization (ICO) has pointed out that world coffee production in 2012/13 (October to September) should be at 144, 1 million 60-kilogram bags, thus an increase of 7.2% compared with 2011/12 crop, which had a production journal, slightly down to 134.4 million bags. The numbers run from December report of the ICO. Thus, the ICO has reduced by 1.3% its estimate for world crop 2012/13, which in November was placed at 146 million bags. The previous data of 2011/12 was 134.6 million bags.