Global coffee consumption grows in 2011, says ICO

Coffee consumption has grown the world over in 2011, despite economic turbulence in many importing countries, says International Coffee Organisation.

“Preliminary information on world consumption in 2011 indicates that it has remained resilient to the economic turbulence seen in many importing countries,” the organisation (ICO) said in a report.

Total consumption in 2010 reached 135 million bags of 60 kg each, with the most dynamic growth coming from domestic consumption in exporting countries, it added.

Global consumption of coffee rose 2.4 per cent to 135 million bags in 2010 from 131.8 million bags in 2009.

ICO expects the global coffee consumption to rise on the back of the rising number of consumers in exporting countries.

 

Demand prospects for coffee continued to be promising, particularly given the growth of niche markets in traditional consuming countries and the arrival of new consumers in emerging markets and exporting countries, it noted.

Consumption of the brew has also been steadily growing in India, where growth rate of coffee consumption is faster than the global consumption.

According to the government-run Coffee Board of India, the country’s consumption grew by 6 per cent to 1,08,000 tonnes in 2010, as against 102,000 tonnes in 2009.

ICO estimates that the consumption in the country has risen 7 per cent to 103,500 tonnes in 2010, compared to 96,300 tonnes in 2009.