market report
The 2020 global tea market report
Tea production continues to increase, with robust consumption growth in origin and Muslim countries. However, lagging demand in Western markets, the division between black and green teas, rising production costs, and social responsibility requirements erode company profits, while farm gate prices remain low. Furthermore, adverse weather patterns impact supply and herald climate change.
Coffee prices decline further in February
In February 2020, the International Coffee Organisation (ICO) composite indicator continued its downward trend, averaging 102 US cents/lb, 4.6% lower than in January.
Good reasons for the rise in private label teas
The US tea market is nowhere near saturated, and while multinational and national brands remain popular, private label and store brand tea sales continue to grow. Guest author Jason Walker explores the reasons why PL teas are on an uptick.
Brazilian coffee market is an attractive environment for new investments
Coffee consumption in Brazil has continued to rise in recent years, despite the slow economy, according to a report by Rabobank.
A different approach to map growth opportunities in South America
Euromonitor International proposes a growth decomposition model to help stakeholders more accurately map coffee market changes in regions such as South America. By Angelica Salado
ICO July: Global coffee prices drifted downwards during July
The monthly average of the ICO composite indicator rose by 3% to 103.01 US cents/lb in July 2019, which is the highest monthly average since November 2018.