Global price of Coffee, Robustas
This dataset tracks global price of coffee, robustas over time.
Latest Value
196.21
Year-over-Year Change
-3.97%
Date Range
1/1/1990 - 6/1/2025
Summary
The Global price of Coffee, Robustas measures the monthly world market price for robusta coffee beans. This metric is closely watched by economists and policymakers as coffee is a major global commodity with significant economic and trade implications.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Global price of Coffee, Robustas represents the average price per pound of robusta coffee beans on the world market. Robusta coffee is a key variety cultivated primarily in Asia, Africa, and Brazil, and this index provides insight into supply, demand, and pricing dynamics for this important agricultural commodity.
Methodology
The data is collected and calculated by the International Coffee Organization (ICO) based on reported global trading prices.
Historical Context
This coffee price index is used by governments, commodity traders, and industry analysts to monitor global market conditions and trends.
Key Facts
- Robusta coffee accounts for about 40% of global coffee production.
- Vietnam is the world's largest exporter of robusta coffee.
- Coffee is the second most traded commodity globally after oil.
FAQs
Q: What does this economic trend measure?
A: The Global price of Coffee, Robustas measures the monthly world market price for robusta coffee beans, a key variety of coffee primarily grown in Asia, Africa, and Brazil.
Q: Why is this trend relevant for users or analysts?
A: This coffee price index is closely monitored by economists, policymakers, and industry analysts as coffee is a major globally traded commodity with significant economic and trade implications.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Coffee Organization (ICO) based on reported global trading prices.
Q: How is this trend used in economic policy?
A: This coffee price index is used by governments, commodity traders, and industry analysts to monitor global market conditions and trends, which can inform trade policies, supply chain management, and economic forecasting.
Q: Are there update delays or limitations?
A: The Global price of Coffee, Robustas data is published monthly by the ICO with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Global price of Coffee, Robustas (PCOFFROBUSDM), retrieved from FRED.