From USDA, Foreign Agricultural Service, Data and Analysis: Coffee: World Markets and Trade, June 23, 2022:
2022/23 Coffee Overview
“World coffee production for 2022/23 is forecast to rebound 7.8 million bags from the previous year to 175.0 million due primarily to Brazil’s Arabica crop entering the on-year of the biennial production cycle. Global consumption is expected to rise 1.8 million bags to 167.0 million, with the largest gains in the European Union, the United States, Japan, and Brazil. World exports are forecast modestly higher on gains in Brazil and Indonesia. Ending stocks are expected 2.1 million bags higher to 34.7 million following last year’s sharp drawdown.”
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Source: 2018 - 2020 Annual Survey of Manufacturers (ASM).
Source: 2020 County Business Patterns (CBP)
Source: 2019 Annual Business Survey (ABS) Program.
Source: 2017 Economic Census.