Sunday 28 May 2023
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CATEGORY

Market & Trade

Market & Trade

Ice Robusta futures reach 11-year high on dry conditions in Vietnam, speculative buying

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MILAN – Robusta coffee futures eased Friday from multi-year highs reached on Thursday. Arabica futures were also marginally down from a six-month peak reached...
Reports & Statistics

U.S. discretionary retail sales revenue fell 7% in March, reports Circana

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CHICAGO, USA – In March 2023, discretionary U.S. general merchandise retail sales revenue fell 7%, compared to March 2022, and unit sales fell 8%,...
Reports & Statistics

Brazil’s coffee exports down by 23% in first quarter of 2023

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MILAN – Brazil’s coffee exports were 19% down in March reaching their lowest level for the month since 2018. According to Cecafé’s monthly figures,...
Reports & Statistics

Safras & Mercado sees Brazil’s coffee production in 2023/24 at 66.65 million bags, up 13% y/o/y

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MILAN – Coffee production in Brazil will rebound by 13% in the 2023/24 season to reach a total of 66.65 million bags, Brazil’s authoritative...
Market & Trade

Olam Group publishes its 2022 Annual Report: “Forging a Bold Future”

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SINGAPORE – Olam Group Limited (“Olam Group”) has published its 2022 Annual Report, which highlights its financial and non-financial achievements across three comprehensive components:...
Reports & Statistics

ICO sees another year of strong supply deficit, with a shortfall of 7.3 million bags for CY 2022/23

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LONDON, UK – According to the Coffee Market Report from the International Coffee Organization, the ICO Composite Indicator Price (I-CIP) lost 2.7% from February...
Reports & Statistics

Demand for robusta coffee increases in Brazil, prices rebound offsetting losses

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PIRACICABA, Brazil – After dropping steeply in the Brazilian market in the first three weeks of March, the prices for robusta coffee reacted and...
Reports & Statistics

Americans drink coffee more than any other beverage, consumption stabilizes across all generations

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NEW YORK, USA – Past-day coffee consumption across all generations has stabilized and returned to pre-COVID levels. More Americans drank coffee in the past...
Reports & Statistics

Coffee maker market to grow at 6.30% CAGR in 2021-2027, shows report

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PORTLAND, USA – According to a new report published by Allied Market Research, titled, “Coffee Maker Market by Type, End Use and Sales Channel:...
Reports & Statistics

Sales of chocolate and candy remain strong in the US amid inflation and supply chain pressures

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AVENTURA, Florida, USA – In 2022, confectionery category dollar sales grew 11.1% over 2021, and 22.1% over 2019 as consumers view chocolate and candy...
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