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AGRI-BUSINESS: Coffee consumption up 5% in 2008.
from BUSINESS LINE, June 22, 2009 Bangalore June 21 - Domestic coffee consumption grew five per cent in 2008 to 85,800 tonnes, ahead of the global market where the off- take was largely unaffected by the prevailing economic crisis.
Latest preliminary estimates by the International Coffee Organisation (ICO) suggest that global coffee consumption grew by 1.3 per cent to 128.32 million bags of 60-kg each in 2008, over previous year's 126.67 million bags.
"Despite the economic crisis, no significant changes in world consumption patterns have been observed," the ICO Executive Director, Mr Nestor Osorio, said in his latest market report.
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