1、 The Coffee Report and Outlook is a new bi-annual report by the International Coffee Organization,which is publicly available on the website.It provides a snapshot of the 2021/22 and 2022/23 coffee years production and consumption.A new methodology for calculating production and consumption is prese
2、nted,providing a meaningful update to the legacy model.An annex containing the comprehensive production and consumption data for five historic years and current year data for 192 consuming countries and 54 producing countries can be delivered by email to Members upon request.Alternatively,the full r
3、eport of the CRO can be subscribed to.I Executive Summary1 World coffee production decreased by 1.4%to 168.5 million bags in coffee year 2021/22,hampered by the off biennial production and negative meteorological conditions in a number of key origins,however it is expected to bounce back by 1.7%to 1
4、71.3 million bags in 2022/23.Increased global fertiliser costs and adverse weather conditions are expected to partially offset the positive impact of the on biennial production from Brazil,explaining the relatively low rate of growth in coffee year 2022/23.The impact of the biennial production is an
5、ticipated to drive the outlook for Arabica,which is projected to increase by 4.6%to 98.6 million bags in coffee year 2022/23,following a 7.2%decrease in the previous coffee year.Reflecting the cyclicality of Arabicas output,its share of the total production is expected to increase to 57.5%from 55.9
6、in coffee year 2021/22.South America is and will remain the largest producer of coffee in the world,despite suffering from the largest drop output in almost 20 years,falling by 7.6%in coffee year 2021/22.The recovery in coffee year 2022/23,partly driven by the on biennial production,is expected to p