Coffee Development Report

Coffee Development Report 2021 Released

Read the Latest on the Global Coffee Industry

Key Findings from the Report

The International Coffee Organization (ICO) has released its annual Coffee Development Report (CDR) for 2021. The report provides a comprehensive overview of the global coffee industry, covering production, consumption, prices, and sustainability trends. Here are some of the key findings from the report:

• Global coffee production is expected to reach 175 million bags in 2021/22, a slight increase from the previous year.
• Brazil remains the world's largest coffee producer, followed by Vietnam and Colombia.
• Coffee consumption is growing in all regions of the world, with the Asia-Pacific region expected to see the strongest growth in the coming years.
• Coffee prices have been volatile in recent months, due to factors such as crop shortages and rising freight costs.
• The ICO is calling for greater sustainability in the coffee industry, including efforts to reduce environmental impact and improve the livelihoods of coffee farmers.

The CDR is an essential resource for anyone interested in the global coffee industry. The report provides valuable insights into the trends and challenges facing the industry, and it can help businesses and policymakers make informed decisions.

To learn more about the CDR, visit the ICO website at www.ico.org.