Browse Data and Analysis

Indonesia’s 2022/23 coffee production is forecast to increase by 7 percent from the previous year to 11.35 million (60 kilogram) bags on favorable weather in southern Sumatra. Improved demand following the easing of pandemic-related restrictions is expected to raise domestic coffee consumption to 4.8 million bags in 2022/23.

Egypt reversed the widely criticized mandate by the Central Bank of Egypt for importers to utilize a process where letters of credit would substitute the long-established cash-against-documents process.