World coffee consumption to touch 128 million bags in ’08
Jaishankar Jayaramiah
Sep 22, 2008
World coffee consumption, both in producing and exporting countries, is likely to touch 128 million bags (60-kg per bag) in 2008.
According to recent statistics released by the International Coffee Organisation (ICO), the preliminary estimation of world coffee consumption in the calendar year 2007 stood at around 124.7 million bags, up by 2.9% from 121.1 million bags consumed in 2006.
"If current growth continues, world consumption could increase to around 128 million bags in 2008," said Nestor Osario, executive director of ICO in his latest statement.
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Labels: coffee market
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