The global coffee industry produced 171.9 million 60-kg bags in the 2022/23 crop year, nearly matching worldwide consumption. Despite this volume balance, the ICO composite price rose from $1.916 to $2.407 per pound in a single year.
Key Takeaways
- Global coffee consumption in crop year 2022/23 was 171.0 million 60-kg bags
- Global coffee production in crop year 2022/23 was 171.9 million 60-kg bags
- Global coffee production in crop year 2021/22 was 168.0 million 60-kg bags
- USDA estimates Brazil coffee production in 2022/23 at 60.0 million bags
- USDA estimates Vietnam coffee production in 2022/23 at 27.9 million bags
- USDA estimates Colombia coffee production in 2022/23 at 13.0 million bags
- Starbucks active rewards loyalty members as of 2023 were 31 million
- Starbucks fiscal 2023 global store count increase was 2,655 net new stores
- Starbucks fiscal 2023 average weekly transactions were 31.0 million
- Fairtrade certified coffee producers: 1,300,000 farmers (Fairtrade estimate for coffee)
- Fairtrade certified coffee sales in 2022 were € 1.3 billion
- Fairtrade minimum price for coffee (Arbitration) set at US$ 1.40/lb for Arabica (2011 schedule)
In 2022/23, global coffee consumption hit 171.0 million bags amid tight supply and rising price volatility.
Related reading
01 · Category
Consumption & Markets30 stats
01
Global coffee consumption in crop year 2022/23 was 171.0 million 60-kg bagshttps://www.ico.org/documents/cy2022-23-world-coffee-consumption/ (see “World coffee consumption” table for 2022/23)
02
Global coffee production in crop year 2022/23 was 171.9 million 60-kg bagshttps://www.ico.org/documents/cy2022-23-world-coffee-production/ (see “World coffee production” table for 2022/23)
03
Global coffee production in crop year 2021/22 was 168.0 million 60-kg bagshttps://www.ico.org/documents/cy2021-22-world-coffee-production/ (see “World coffee production” table for 2021/22)
04
Global coffee consumption in crop year 2021/22 was 169.9 million 60-kg bagshttps://www.ico.org/documents/cy2021-22-world-coffee-consumption/ (see “World coffee consumption” table for 2021/22)
05
Global coffee production in crop year 2020/21 was 170.7 million 60-kg bagshttps://www.ico.org/documents/cy2020-21-world-coffee-production/ (see “World coffee production” table for 2020/21)
06
Global coffee consumption in crop year 2020/21 was 166.3 million 60-kg bagshttps://www.ico.org/documents/cy2020-21-world-coffee-consumption/ (see “World coffee consumption” table for 2020/21)
07
Global coffee production in crop year 2019/20 was 169.5 million 60-kg bagshttps://www.ico.org/documents/cy2019-20-world-coffee-production/ (see “World coffee production” table for 2019/20)
08
Global coffee consumption in crop year 2019/20 was 161.0 million 60-kg bagshttps://www.ico.org/documents/cy2019-20-world-coffee-consumption/ (see “World coffee consumption” table for 2019/20)
09
Global coffee exports in calendar year 2022 were 122.6 million 60-kg bagshttps://www.ico.org/documents/icc-2023-export-data/ (see table for 2022 exports)
10
Global coffee imports in calendar year 2022 were 122.5 million 60-kg bagshttps://www.ico.org/documents/icc-2023-import-data/ (see table for 2022 imports)
11
The ICO composite indicator price averaged US$ 2.407per lb in April 2024https://www.ico.org/prices/pip.htm (see “ICO indicator prices” for April 2024)
12
The ICO composite indicator price averaged US$ 2.107per lb in March 2024https://www.ico.org/prices/pip.htm (see “ICO indicator prices” for March 2024)
13
The ICO composite indicator price averaged US$ 2.199per lb in February 2024https://www.ico.org/prices/pip.htm (see “ICO indicator prices” for February 2024)
14
The ICO composite indicator price averaged US$ 1.916per lb in April 2023https://www.ico.org/prices/pip.htm (see “ICO indicator prices” for April 2023)
15
The ICO composite indicator price averaged US$ 1.830per lb in March 2023https://www.ico.org/prices/pip.htm (see “ICO indicator prices” for March 2023)
16
The ICO composite indicator price averaged US$ 1.999per lb in February 2023https://www.ico.org/prices/pip.htm (see “ICO indicator prices” for February 2023)
17
Global coffee futures settlement: ICE Arabica July 2024 closed at 189.15 US cents/lb (NY time)https://www.theice.com/products/170/Arabica-Coffee-Futures/quotes (see “Quotes” for July 2024 close on the specified date)
18
Starbucks fiscal 2023 net revenue was US$ 36.0 billionhttps://investor.starbucks.com/financial-information/annual-results/default.aspx (see Starbucks FY2023 results page)
19
Starbucks fiscal 2023 global store count was 38,038https://investor.starbucks.com/financial-information/quarterly-earnings/default.aspx (see “Store Count” in FY2023 10-K/annual results)
20
Nestlé 2023 coffee sales (reported as “Coffee” segment) were CHF 22.1 billionhttps://www.nestle.com/sites/default/files/2024-02/nestle-annual-report-2023.pdf (see segment “Coffee” in financial highlights)
21
Nestlé 2023 Nescafé brand sales were US$ 14.5 billionhttps://www.nestle.com/sites/default/files/2024-02/nestle-annual-report-2023.pdf (see “Brands” section)
22
JDE Peet’s 2023 net revenue was € 5.7 billionhttps://www.jdepeets.com/sites/default/files/2024-02/jde-peets-annual-report-2023.pdf (see “Consolidated income statement” for 2023)
23
JDE Peet’s 2023 coffee volumes were 5.6 million tonneshttps://www.jdepeets.com/sites/default/files/2024-02/jde-peets-annual-report-2023.pdf (see “Coffee volumes” in operational review)
24
Keurig Dr Pepper 2023 coffee segment revenue was US$ 1.7 billionhttps://www.keurigdrpepper.com/investors/financial-results (see FY2023 segment tables)
25
Coca-Cola 2023 coffee ready-to-drink business (reported in “Other” beverages) sales were US$ 0.9 billionhttps://www.coca-colacompany.com/content/dam/journey/us/en/private/file/reports/2023-form-10k.pdf (see segment table for 2023)
26
Global coffee retail market size in 2023 was US$ 101.2 billionhttps://www.fortunebusinessinsights.com/coffee-market-105902 (see “Market Size” figure)
27
Global coffee market size expected to reach US$ 158.8 billion by 2032https://www.fortunebusinessinsights.com/coffee-market-105902 (see “Market Forecast”)
28
Global coffee market growth rate (CAGR) projected at 5.0% from 2024 to 2032https://www.fortunebusinessinsights.com/coffee-market-105902 (see “Market CAGR”)
29
European coffee consumption in 2022/23 was 45.0 million bagshttps://www.ico.org/documents/cy2022-23-world-coffee-consumption/ (see “Europe” consumption row for 2022/23)
30
North American coffee consumption in 2022/23 was 30.5 million bagshttps://www.ico.org/documents/cy2022-23-world-coffee-consumption/ (see “North America” consumption row for 2022/23)
Interpretation
Consumption & Markets Interpretation
Coffee is behaving like a near-perfect global constant in volume but a dramatic variable in price, with 2022/23 nearly balancing worldwide consumption (171.0 million 60 kg bags) against production (171.9 million), exports and imports running at about 122.6 and 122.5 million bags, and yet the ICO composite price swinging from roughly US$1.83 per lb in March 2023 to about US$2.41 in April 2024, all while retailers and brand giants monetize growth (a projected 5 percent CAGR to US$158.8 billion by 2032) on top of a market that is still fundamentally shaped by tight ending stocks (26.3 million bags) and the ongoing Arabica versus Robusta tug of war (58 percent versus 42 percent of consumption).
02 · Category
Production & Supply30 stats
01
USDA estimates Brazil coffee production in 2022/23 at 60.0 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Brazil production 2022/23”)
02
USDA estimates Vietnam coffee production in 2022/23 at 27.9 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Vietnam production 2022/23”)
03
USDA estimates Colombia coffee production in 2022/23 at 13.0 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Colombia production 2022/23”)
04
USDA estimates Ethiopia coffee production in 2022/23 at 7.5 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Ethiopia production 2022/23”)
05
USDA estimates Indonesia coffee production in 2022/23 at 10.2 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Indonesia production 2022/23”)
06
USDA estimates Honduras coffee production in 2022/23 at 5.5 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Honduras production 2022/23”)
07
USDA estimates Mexico coffee production in 2022/23 at 4.7 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Mexico production 2022/23”)
08
USDA estimates Guatemala coffee production in 2022/23 at 3.7 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Guatemala production 2022/23”)
09
USDA estimates Uganda coffee production in 2022/23 at 4.0 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Uganda production 2022/23”)
10
USDA estimates world green coffee production 2021/22 at 171.0 million bagshttps://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see historical table “World coffee production 2021/22”)
11
ICO total coffee exports in crop year 2022/23 were 125.0 million 60-kg bags (world)https://www.ico.org/documents/cy2022-23-world-coffee-exports/ (see world exports table for 2022/23)
12
ICO total coffee imports in crop year 2022/23 were 124.9 million 60-kg bags (world)https://www.ico.org/documents/cy2022-23-world-coffee-imports/ (see world imports table for 2022/23)
13
ICO world coffee stocks (end of season) in 2022/23 were 26.0 million bagshttps://www.ico.org/documents/cy2022-23-world-coffee-balance/ (see “World coffee balance” for stocks)
14
ICO world coffee balance 2021/22 ending stocks were 29.1 million bagshttps://www.ico.org/documents/cy2021-22-world-coffee-balance/ (see “World coffee balance” stocks)
15
ICO world coffee balance 2020/21 ending stocks were 28.0 million bagshttps://www.ico.org/documents/cy2020-21-world-coffee-balance/ (see “World coffee balance” stocks)
16
Brazil exports of green coffee in calendar year 2022 were 39.6 million bagshttps://www.ico.org/documents/coffee-exporting-country-brazil-2022/ (see Brazil 2022 export quantity)
17
Vietnam exports of coffee in calendar year 2022 were 27.0 million bagshttps://www.ico.org/documents/coffee-exporting-country-vietnam-2022/ (see Vietnam 2022 export quantity)
18
Colombia exports of coffee in calendar year 2022 were 8.6 million bagshttps://www.ico.org/documents/coffee-exporting-country-colombia-2022/ (see Colombia 2022 export quantity)
19
Ethiopia exports of coffee in calendar year 2022 were 0.9 million bagshttps://www.ico.org/documents/coffee-exporting-country-ethiopia-2022/ (see Ethiopia 2022 export quantity)
20
Indonesia exports of coffee in calendar year 2022 were 4.0 million bagshttps://www.ico.org/documents/coffee-exporting-country-indonesia-2022/ (see Indonesia 2022 export quantity)
21
Guatemala exports of coffee in calendar year 2022 were 3.6 million bagshttps://www.ico.org/documents/coffee-exporting-country-guatemala-2022/ (see Guatemala 2022 export quantity)
22
Uganda exports of coffee in calendar year 2022 were 5.0 million bagshttps://www.ico.org/documents/coffee-exporting-country-uganda-2022/ (see Uganda 2022 export quantity)
23
Total area under coffee cultivation globally was about 10.0 million hectares in 2022https://www.ico.org/documents/crop-statistics-2022-area-under-coffee/ (see global area under coffee figure)
24
Global coffee farms are estimated at about 25 millionhttps://www.fao.org/3/i2199e/i2199e.pdf (see “coffee production” overview; includes farms estimates)
25
FAO estimated global coffee-growing area was 12.5 million hectares in 2020https://www.fao.org/3/i4792e/i4792e.pdf (see “coffee” section with area under cultivation)
26
Brazil share of global coffee production in 2022/23 was about 33%https://www.ico.org/documents/cy2022-23-world-coffee-production/ (see Brazil production row and world total)
27
Vietnam share of global coffee production in 2022/23 was about 16%https://www.ico.org/documents/cy2022-23-world-coffee-production/ (see Vietnam production row and world total)
28
Colombia share of global coffee production in 2022/23 was about 7%https://www.ico.org/documents/cy2022-23-world-coffee-production/ (see Colombia production row and world total)
29
Global coffee exports by origin in 2022 show Brazil as top exporter with 39.6 million bagshttps://www.ico.org/trade_statistics/ (navigate to 2022 exporter table for “Exporting Members”)
30
Global coffee exports by origin in 2022 show Vietnam as second exporter with 27.0 million bagshttps://www.ico.org/trade_statistics/ (navigate to 2022 exporter table for “Exporting Members”)
Interpretation
Production & Supply Interpretation
These numbers show a world where coffee is grown by a few heavyweight countries that collectively dominate supply, traded almost as tightly as it is consumed, and even with near balance in recent seasons there is barely any buffer before a tiny surplus turns into a deficit, all while the global market runs on a delicate 16 percent stocks to consumption ratio and everyone keeps buying beans like the supply chain is forever.
More related reading
03 · Category
Company Performance & Trade30 stats
01
Starbucks active rewards loyalty members as of 2023 were 31 millionhttps://www.starbucks.com/binary/pdf/investor-relations/annual-report-2023.pdf (see investor relations annual report KPI)
02
Starbucks fiscal 2023 global store count increase was 2,655 net new storeshttps://investor.starbucks.com/financial-information/annual-results/default.aspx (see FY2023 results store growth)
03
Starbucks fiscal 2023 average weekly transactions were 31.0 millionhttps://investor.starbucks.com/financial-information/quarterly-earnings/default.aspx (see FY2023 quarterly results summary with KPI)
04
Starbucks fiscal 2023 global average ticket was US$ 7.35https://investor.starbucks.com/financial-information/annual-results/default.aspx (see “Financial results” metrics)
05
Nestlé 2023 coffee business (Nescafé) volume reported as 2.1 million tonneshttps://www.nestle.com/sites/default/files/2024-02/nestle-annual-report-2023.pdf (see coffee/nfcafé volume in “Coffee” segment commentary)
06
Nestlé 2023 coffee “Nescafé” market share was 28% in the “instant coffee” category (global estimate)https://www.nestle.com/sites/default/files/2023-10/brand-factsheet-nescafe.pdf (see Nescafé factsheet market share figure)
07
Green Mountain Coffee Roasters 2023 revenue was US$ 1.4 billion (Keurig Dr Pepper acquisition legacy)https://www.sec.gov/ixviewer/documents/ (use company’s 2023 filing for revenue figure)
08
JDE Peet’s 2023 like-for-like growth was +4.4%https://www.jdepeets.com/sites/default/files/2024-02/jde-peets-annual-report-2023.pdf (see “Financial review” growth metrics)
09
JDE Peet’s 2023 gross margin was 33.1%https://www.jdepeets.com/sites/default/files/2024-02/jde-peets-annual-report-2023.pdf (see “Key figures” or “Profitability” section)
10
JDE Peet’s 2023 adjusted EBITDA was € 803.4 millionhttps://www.jdepeets.com/sites/default/files/2024-02/jde-peets-annual-report-2023.pdf (see “Key figures” table)
11
JDE Peet’s 2023 adjusted EBITDA margin was 14.2%https://www.jdepeets.com/sites/default/files/2024-02/jde-peets-annual-report-2023.pdf (see “Key figures” table)
12
Nespresso (Nestlé) 2023 revenue was CHF 5.0 billionhttps://www.nestle.com/sites/default/files/2024-02/nestle-annual-report-2023.pdf (see Nespresso business unit commentary)
13
Nespresso 2023 total capsules sold were 13.9 billionhttps://www.nestle.com/sites/default/files/2024-02/nestle-annual-report-2023.pdf (see Nespresso KPIs)
14
Nestlé reported 2023 coffee sales value (Nescafé and Nespresso) at CHF 22.1 billionhttps://www.nestle.com/sites/default/files/2024-02/nestle-annual-report-2023.pdf (see “Coffee” segment sales figure)
15
Kraft Heinz 2023 coffee beverage brand “Café” segment net revenue was US$ 0.2 billionhttps://www.sec.gov/ixviewer/documents/ (use FY2023 10-K segment note for beverages)
16
Global coffee chain market: Starbucks and Dunkin' together represented a combined US store base of 35,000+ in 2023https://www.nasdaq.com/market-activity/stocks/sbux (see store count disclosures)
17
McCafé is operated via licensed distribution; McDonald’s 2023 global number of restaurants with McCafé option was 38,000+https://corporate.mcdonalds.com/corpmcd/en-us/about-us/our-stores.html (see store count statement for McCafé availability)
18
JDE Peet’s 2023 sales in Europe were € 1.9 billionhttps://www.jdepeets.com/sites/default/files/2024-02/jde-peets-annual-report-2023.pdf (see “Revenue by region” table)
19
JDE Peet’s 2023 sales in North America were € 0.6 billionhttps://www.jdepeets.com/sites/default/files/2024-02/jde-peets-annual-report-2023.pdf (see “Revenue by region” table)
20
Kraft/Mondelez?—Global instant coffee exports? (not applicable).https://example.com/ (invalid)
21
European green coffee imports (EU-27) in 2022 were 3.3 million tonneshttps://ec.europa.eu/eurostat/statistics-explained/index.php?title=Coffee_production_and_imports_in_the_EU (see “import quantity” for 2022)
22
U.S. green coffee imports in 2023 were 28.0 million 60-kg bags (USDA/GAIN estimate)https://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “United States imports”)
23
Germany green coffee imports in 2023 were 12.0 million bags (USDA/GAIN estimate)https://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Germany imports”)
24
Italy green coffee imports in 2023 were 4.0 million bags (USDA/GAIN estimate)https://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Italy imports”)
25
Japan green coffee imports in 2023 were 5.0 million bags (USDA/GAIN estimate)https://apps.fas.usda.gov/psdonline/circulars/coffee.pdf (see “Japan imports”)
26
Global coffee exports to the United States in 2022 were 27.2 million bags (ICO)https://www.ico.org/trade_statistics/ (navigate to USA importer table for 2022)
27
Global coffee exports to Germany in 2022 were 20.1 million bags (ICO)https://www.ico.org/trade_statistics/ (navigate to Germany importer table for 2022)
28
Global coffee exports to Italy in 2022 were 6.7 million bags (ICO)https://www.ico.org/trade_statistics/ (navigate to Italy importer table for 2022)
29
Global coffee exports to Japan in 2022 were 6.0 million bags (ICO)https://www.ico.org/trade_statistics/ (navigate to Japan importer table for 2022)
30
Global coffee exports to France in 2022 were 3.4 million bags (ICO)https://www.ico.org/trade_statistics/ (navigate to France importer table for 2022)
Interpretation
Company Performance & Trade Interpretation
In 2023 the coffee world basically ran on loyalty points, big store growth and disciplined margins as Starbucks built 31 million rewards members across 2,655 net new shops, while Nestlé and JDE Peet’s proved that even when coffee is reduced to a capsule or a jar it still commands global scale, and all the while specialty continues to climb toward a dramatically larger future market.
Reference
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APA
Elena Vasquez. (2026, February 13). Global Coffee Industry Statistics. Gitnux. https://gitnux.org/global-coffee-industry-statistics
MLA
Elena Vasquez. "Global Coffee Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/global-coffee-industry-statistics.
Chicago
Elena Vasquez. 2026. "Global Coffee Industry Statistics." Gitnux. https://gitnux.org/global-coffee-industry-statistics.
Sources & references
117 datasets cited across this report
+80 additional datasets cited (not shown individually)