• About
  • Subscribe
  • Advertise
  • Contact
  • MICE
Friday, June 13, 2025
Newsletter
SUBSCRIBE
  • Latest News
  • Features
  • Business Leaders
  • Profiles
  • Equipment
  • Research
  • Technology
  • Events
    • International Coffee Events
    • World Coffee Events
  • Market Reports
  • Sustainability
No Results
View All Results
  • Latest News
  • Features
  • Business Leaders
  • Profiles
  • Equipment
  • Research
  • Technology
  • Events
    • International Coffee Events
    • World Coffee Events
  • Market Reports
  • Sustainability
No Results
View All Results
Home

I-CIP increases above 200 US cents per pound: ICO report

by Hayley Ralph
September 7, 2022
in News
Reading Time: 2 mins read
A A
International Coffee Organization August 2022 market report
Share on FacebookShare on Twitter

The International Coffee Organization’s (ICO) August 2022 market report shows its composite indicator of coffee prices (I-CIP) gained 4.9 per cent from July to August 2022, averaging 200.11 US cents per pound for the latter whilst posting a median value of 199.66 US cents per pound.

Average prices for all groups indicators were up in August. The ICO says Robustas gained the most, up 9.2 per cent from July to August 2022, increasing to an average of 109.65 US cents per pound for the month.

The New York certified stocks decreased 6.5 per cent from the previous month, closing in at 0.72 million bags, the lowest in over 20 years whilst certified stocks of Robusta coffee reached 1.61 million bags, representing a decrease of 10.9 per cent.

Global exports of green beans in July 2022 totalled 9.04 million bags, compared with 9.91 million bags in the same month of the previous year, down 8.8 per cent.

For coffee year 2021/22 in October 2021 to July 2022, South America exports of all forms of coffee decreased by 8.5 per cent to 42.24 million bags.

Exports of all forms of coffee from Asia & Oceania increased by 4.0 per cent to 3.19 million bags in July 2022, and by 16.0% to 37.6 million bags in the first 10 months of coffee year 2021/22.

Exports of all forms of coffee from Africa decreased by 13.1% to 1.41 million bags in July 2022 from 1.62 million bags in July 2021.

In July 2022, exports of all forms of coffee from Mexico and Central America were down 16.2 per cent to 1.54 million bags as compared with 1.83 million in July 2021.

Total exports of soluble coffee increased by 18.5 per cent in July 2022 to 1.01 million bags from 0.85 million bags in July 2021.

The latest provisional outlook for production in coffee year 2021/22 remains unchanged at 167.2 million 60-kilogram bags, down 2.1 per cent as compared to 170.83 million bags of the previous coffee year.

World coffee consumption is still projected to grow by 3.3 per cent, to 170.3 million bags in 2021/22 as compared to 164.9 million for coffee year 2020/21.

For more information, click here.

Related Posts

An East African country is on track to produce nearly 100 tonnes of coffee in 2025, according to its government.

Mozambique expected to produce 100 tonnes of coffee

by Georgia Smith
June 13, 2025

Mozambique in East Africa is on track to produce nearly 100 tonnes of coffee in 2025 following a €4 million...

Image: EKKAPON/stock.adobe.com

Brazilian farmers in key Arabica region switching to Robusta?

by Daniel Woods
June 13, 2025

Coffee producers in the world’s highest-production Arabica growing region, Minas Gerais, are reported to be testing Robusta varieties amid continuing...

coffee berry borer

New software developed to detect coffee berry borer outbreaks

by Georgia Smith
June 12, 2025

New research from Edith Cowan University (ECU) in Australia has produced a software system that can detect coffee berry borer...

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
Prime Creative Media launched Global Coffee Report in April 2011 with the aim of promoting, growing and informing the global coffee industry through the provision of the most relevant and current information and in-depth analysis from the sector’s most influential voices.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Global Coffee Report

  • About
  • Advertise
  • Subscribe
  • Magazine
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • Latest News
  • Profiles
  • Products
  • Market Reports
  • Technology
  • Equipment
  • Marketing

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
  • News
  • Features
  • Business Leaders
  • Profiles
  • Equipment
  • Research & Development
  • Technology
  • Events
    • International Coffee Events
    • World Coffee Events
  • Market Reports
  • Sustainability
  • About Us
  • Advertise with Global Coffee Report
  • Latest Magazine
  • Contact Global Coffee Report

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited