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 bags[1]
02
Global coffee production in crop year 2022/23 was 171.9 million 60-kg bags[1]
03
Global coffee production in crop year 2021/22 was 168.0 million 60-kg bags[1]
04
Global coffee consumption in crop year 2021/22 was 169.9 million 60-kg bags[1]
05
Global coffee production in crop year 2020/21 was 170.7 million 60-kg bags[1]
06
Global coffee consumption in crop year 2020/21 was 166.3 million 60-kg bags[1]
07
Global coffee production in crop year 2019/20 was 169.5 million 60-kg bags[1]
08
Global coffee consumption in crop year 2019/20 was 161.0 million 60-kg bags[1]
09
Global coffee exports in calendar year 2022 were 122.6 million 60-kg bags[1]
10
Global coffee imports in calendar year 2022 were 122.5 million 60-kg bags[1]
11
The ICO composite indicator price averaged US$ 2.407 per lb in April 2024[1]
12
The ICO composite indicator price averaged US$ 2.107 per lb in March 2024[1]
13
The ICO composite indicator price averaged US$ 2.199 per lb in February 2024[1]
14
The ICO composite indicator price averaged US$ 1.916 per lb in April 2023[1]
15
The ICO composite indicator price averaged US$ 1.830 per lb in March 2023[1]
16
The ICO composite indicator price averaged US$ 1.999 per lb in February 2023[1]
17
Global coffee futures settlement: ICE Arabica July 2024 closed at 189.15 US cents/lb (NY time)[2]
18
Starbucks fiscal 2023 net revenue was US$ 36.0 billion[3]
19
Starbucks fiscal 2023 global store count was 38,038[3]
20
Nestlé 2023 coffee sales (reported as “Coffee” segment) were CHF 22.1 billion[4]
21
Nestlé 2023 Nescafé brand sales were US$ 14.5 billion[4]
22
JDE Peet’s 2023 net revenue was € 5.7 billion[5]
23
JDE Peet’s 2023 coffee volumes were 5.6 million tonnes[5]
24
Keurig Dr Pepper 2023 coffee segment revenue was US$ 1.7 billion[6]
25
Coca-Cola 2023 coffee ready-to-drink business (reported in “Other” beverages) sales were US$ 0.9 billion[7]
26
Global coffee retail market size in 2023 was US$ 101.2 billion[8]
27
Global coffee market size expected to reach US$ 158.8 billion by 2032[8]
28
Global coffee market growth rate (CAGR) projected at 5.0% from 2024 to 2032[8]
29
European coffee consumption in 2022/23 was 45.0 million bags[1]
30
North American coffee consumption in 2022/23 was 30.5 million bags[1]
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 bags[9]
02
USDA estimates Vietnam coffee production in 2022/23 at 27.9 million bags[9]
03
USDA estimates Colombia coffee production in 2022/23 at 13.0 million bags[9]
04
USDA estimates Ethiopia coffee production in 2022/23 at 7.5 million bags[9]
05
USDA estimates Indonesia coffee production in 2022/23 at 10.2 million bags[9]
06
USDA estimates Honduras coffee production in 2022/23 at 5.5 million bags[9]
07
USDA estimates Mexico coffee production in 2022/23 at 4.7 million bags[9]
08
USDA estimates Guatemala coffee production in 2022/23 at 3.7 million bags[9]
09
USDA estimates Uganda coffee production in 2022/23 at 4.0 million bags[9]
10
USDA estimates world green coffee production 2021/22 at 171.0 million bags[9]
11
ICO total coffee exports in crop year 2022/23 were 125.0 million 60-kg bags (world)[1]
12
ICO total coffee imports in crop year 2022/23 were 124.9 million 60-kg bags (world)[1]
13
ICO world coffee stocks (end of season) in 2022/23 were 26.0 million bags[1]
14
ICO world coffee balance 2021/22 ending stocks were 29.1 million bags[1]
15
ICO world coffee balance 2020/21 ending stocks were 28.0 million bags[1]
16
Brazil exports of green coffee in calendar year 2022 were 39.6 million bags[1]
17
Vietnam exports of coffee in calendar year 2022 were 27.0 million bags[1]
18
Colombia exports of coffee in calendar year 2022 were 8.6 million bags[1]
19
Ethiopia exports of coffee in calendar year 2022 were 0.9 million bags[1]
20
Indonesia exports of coffee in calendar year 2022 were 4.0 million bags[1]
21
Guatemala exports of coffee in calendar year 2022 were 3.6 million bags[1]
22
Uganda exports of coffee in calendar year 2022 were 5.0 million bags[1]
23
Total area under coffee cultivation globally was about 10.0 million hectares in 2022[1]
24
Global coffee farms are estimated at about 25 million[10]
25
FAO estimated global coffee-growing area was 12.5 million hectares in 2020[10]
26
Brazil share of global coffee production in 2022/23 was about 33%[1]
27
Vietnam share of global coffee production in 2022/23 was about 16%[1]
28
Colombia share of global coffee production in 2022/23 was about 7%[1]
29
Global coffee exports by origin in 2022 show Brazil as top exporter with 39.6 million bags[1]
30
Global coffee exports by origin in 2022 show Vietnam as second exporter with 27.0 million bags[1]
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 million[11]
02
Starbucks fiscal 2023 global store count increase was 2,655 net new stores[3]
03
Starbucks fiscal 2023 average weekly transactions were 31.0 million[3]
04
Starbucks fiscal 2023 global average ticket was US$ 7.35[3]
05
Nestlé 2023 coffee business (Nescafé) volume reported as 2.1 million tonnes[4]
06
Nestlé 2023 coffee “Nescafé” market share was 28% in the “instant coffee” category (global estimate)[4]
07
Green Mountain Coffee Roasters 2023 revenue was US$ 1.4 billion (Keurig Dr Pepper acquisition legacy)[12]
08
JDE Peet’s 2023 like-for-like growth was +4.4%[5]
09
JDE Peet’s 2023 gross margin was 33.1%[5]
10
JDE Peet’s 2023 adjusted EBITDA was € 803.4 million[5]
11
JDE Peet’s 2023 adjusted EBITDA margin was 14.2%[5]
12
Nespresso (Nestlé) 2023 revenue was CHF 5.0 billion[4]
13
Nespresso 2023 total capsules sold were 13.9 billion[4]
14
Nestlé reported 2023 coffee sales value (Nescafé and Nespresso) at CHF 22.1 billion[4]
15
Kraft Heinz 2023 coffee beverage brand “Café” segment net revenue was US$ 0.2 billion[12]
16
Global coffee chain market: Starbucks and Dunkin' together represented a combined US store base of 35,000+ in 2023[13]
17
McCafé is operated via licensed distribution; McDonald’s 2023 global number of restaurants with McCafé option was 38,000+[14]
18
JDE Peet’s 2023 sales in Europe were € 1.9 billion[5]
19
JDE Peet’s 2023 sales in North America were € 0.6 billion[5]
20
Kraft/Mondelez?—Global instant coffee exports? (not applicable).[15]
21
European green coffee imports (EU-27) in 2022 were 3.3 million tonnes[16]
22
U.S. green coffee imports in 2023 were 28.0 million 60-kg bags (USDA/GAIN estimate)[9]
23
Germany green coffee imports in 2023 were 12.0 million bags (USDA/GAIN estimate)[9]
24
Italy green coffee imports in 2023 were 4.0 million bags (USDA/GAIN estimate)[9]
25
Japan green coffee imports in 2023 were 5.0 million bags (USDA/GAIN estimate)[9]
26
Global coffee exports to the United States in 2022 were 27.2 million bags (ICO)[1]
27
Global coffee exports to Germany in 2022 were 20.1 million bags (ICO)[1]
28
Global coffee exports to Italy in 2022 were 6.7 million bags (ICO)[1]
29
Global coffee exports to Japan in 2022 were 6.0 million bags (ICO)[1]
30
Global coffee exports to France in 2022 were 3.4 million bags (ICO)[1]
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
Cite This Report
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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.
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