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Coffee Market Report

February 2023



Expectation and belief in the capacity of young people in coffee-producing countries (CPCs), as well as those engaged in all components of the coffee supply chain, including baristas and consumers, have inspired and motivated the preparation of this CDR. Engaging effectively with and providing tools and resources to the coffee sectors Next Generations is, after all, not an aim but a must.

The International Coffee Organization convened the 134th session of the International Coffee Council on 6 October, gathering the ICO Members to discuss and agree on wide-ranging issues impacting the coffee sector. This session was marked by the opening for signature of the new International Coffee Agreement (ICA 2022).

The International Coffee Organization and its Coffee Public-Private Task Force has convened its members and other stakeholders and development partners to attend the 4th CEOs & Global Leaders Forum, powered by IDH – The Sustainable Trade Initiative. The successful outcome of the 4th Forum was the release of a Communiqué expressing the commitment of companies and organizations of the coffee industry, and the ICO Members, to endorse the implementation of the 2020-2030 Roadmap.

What’s New

The ICO’s February 2023 market report shows its Composite Indicator Price (I-CIP) gained 11.4% from January to February 2023, averaging 174.77 US cents/lb for the latter, whilst posting a median value of 173.20 US cents/lb.

  • World coffee exports amounted to 9.7 million bags in January 2023, compared with 11.27 million in January 2022.
  • Exports in the first four months of coffee year 2022/23 (October/22 to January/23) have decreased by 6.0% to 39.89 million bags compared to 42.42 million bags in the same period in 2021/22.
  • In the 12 months ending January 2023, exports of Arabica totaled 78.47 million bags compared to 80.88 million bags last year; whereas Robusta exports amounted to 47.83 million bags compared to 48.44 million bags. 

11 December 2022, Hanoi, Vietnam – The ASEAN Coffee Federation (ACF) represented by its President, Victor Mah, and the International Coffee Organization (ICO), represented by its Executive Director, Vanúsia Nogueira, signed a Joint Declaration to reinforce the cooperation between the federation and the organization towards a sustainable and prosperous coffee sector in the ASEAN (Association of Southeast Asian Nations).

Rome, 17 November 2022 – Rome becomes the world coffee capital for a day. On the occasion of the Ernesto Illy International Coffee Award, illycaffè and the International Coffee Organization have brought together top experts from key international organizations to look for solutions to tackle climate change and make coffee communities more resilient

Get Connected

The ICO’s mission is to strengthen the global coffee sector and promote its sustainable expansion in a market-based environement for the betterment of all actors in the coffee sector.






International Coffee Day (ICD)

On 1 October, we celebrate the International Coffee Day, an opportunity for coffee lovers to share their love of the beverage and support the millions of farmers whose livelihoods depend on the aromatic crop.

Coffee Sector Events

Discover the latest events organised by the coffee sector and follow ICO and the Coffee Public-Private Task Force next high level events and international meetings.

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