Global coffee consumption, world’s second highest traded commodity after crude oil, rose by 1.7 per cent to an estimated 137.9 million bags in the 2011 calender year, International Coffee Organisation (ICO) said.
Worldwide consumption of the brew stood at 135.6 million bags (of 60 kg each) in the 2010 calender year.
“The total for calendar year 2011 is provisionally estimated at 137.9 million bags, an increase of 1.7 per cent in relation to the previous year,” ICO said in its report.
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