At the global level: Coffee exports recover during the pandemic

In early 2020, the COVID-19 pandemic was in full swing. In 2020, the Novel Coronavirus pandemic caused incalculable damage to the global economy and health sector, affecting all industries. Of course, the global coffee market is not immune either. According to data from the International Coffee Organization (ICO), global coffee exports fell in 2019/20 from the previous year, to 127,36,000 bags in 2019/20 from 2018/19. In the pandemic era, coffee exports began to rebound in 2020/21, rising to 128.93 million bags.

Note: the weight of one bag is 60kg; The time nodes are From October 1 to September 30 of the following year. The same below.

Variety level: Arabica variety consumption increased steadily

In terms of varieties, Colombian arabica exports rose from 13.9 million bags in 2019/20 to 14.14 million bags in 2020/21; Arabica exports from other sources rose from 25.05 million bags in 2019/20 to 25.78 million bags in 2020/21; Arabica exports from Brazil rose to 41.96 million bags in 2020/21 from 39.71 million bags in 2019/20. Robusta (medium fruit coffee) exports fell from 48.7 million bags in 2019/20 to 47.04 million bags in 2020/21. Taken together, during the pandemic era, global demand for Arabica coffee has shown a steady increase, while consumption of robusta (medium fruit coffee) has declined.

Note: Year 2019/20 is on the left and year 2020/21 is on the right.

Country level: Brazil is the world's largest coffee exporter

At the national level, Brazil, Vietnam, Colombia, Indonesia and Uganda are among the members of the National Coffee Organization. Among them, Brazil, as the largest exporter of coffee industry, exported 41.01 million bags of coffee in 2019/20 and then increased to 43.04 million bags in 2020/21. The proportion also increased from 33.2% in 2019/20 to 34.52% in 2020/21. It was followed by Vietnam, which exported 26.54 million bags of coffee in 2019/20 before falling to 24.56 million bags in 2020/21. The share also shrank from 21.49% in 2019/20 to 19.7% in 2020/21. At the same time ,The steady growth of coffee consumption has further stimulated the demand for coffee machines. ZHUHAI RICAN TECHNOLOGY CO.,LTD, as one of the major coffee machine manufacturers in China, has obviously felt the strong demand for equipment in the industry. The company will seize the opportunity to launch a variety of coffee machines in line with people's needs.

Note: Year 2019/20 is on the left and year 2020/21 is on the right.

On the non-member side, Guatemala leads the way; Although not as good as the top member countries, it still ranks 7th in the world. It exported 3.213 million bags of coffee in 2019/20, then increased to 3.621 million bags in 2020/21; The share of non-member countries in total exports also rose from 83.45% in 2019/20 to 85.26% in 2020/21.

Note: Year 2019/20 is on the left and year 2020/21 is on the right.

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2021.08.21