A Brief Overview of The 2023 Specialty Coffee Transaction Guide

A Brief Overview of The 2023 Specialty Coffee Transaction Guide

The eagerly awaited 2023 edition of the Specialty Coffee Transaction Guide (SCTG) has officially been unveiled, offering a robust data-driven resource for participants across the coffee supply chain to navigate the intricacies of green coffee price discovery.

Available for download in both English and Spanish, the comprehensive guide delves into the dynamics of the global specialty coffee market. Noteworthy findings from the 2023 Specialty Coffee Transaction Guide reveal a 3% decrease in the median FOB (free on board) price for specialty coffee contracts in the 2022/23 period, settling at $3.40 per pound, down from $3.50 per pound in the previous year.

In stark contrast, the New York C Price for arabica coffee, established through commodities contract trading on the Intercontinental Exchange, witnessed a substantial 23% decline from an average of $2.25 to $1.73 during the same timeframe.

A significant highlight from the 2023 edition is the ongoing trend indicating that average coffee prices at the highest quality spectrum seem to be less susceptible to the fluctuations of the commodities market. This resilience stands in contrast to the broader specialty market, as observed over the three-year research period covered in the guide.

Originally launched in 2017 by a dedicated team at Emory University in Atlanta and supported by data contributors including traders and roasters, the Specialty Coffee Transaction Guide continues to serve as a valuable free third-party resource for professionals in the green coffee industry. Positioned as a data-driven alternative to traditional price-discovery tools, the guide aims to provide timely and insightful pricing information.

Peter Roberts, the founder of SCTG and Professor of Organization & Management at Emory University, remarked, “With each additional year of data, we are able to provide more timely pricing insights for the people who sell and buy specialty coffees.”

Drawing from anonymized data contributed by 115 companies worldwide, including importers, exporters, and roasters, the 2023 guide presents a summary of more than 50 billion contracts covering nearly 1 billion pounds of green coffee, valued at almost $2.5 billion.

Key parameters such as quality score, purchase volume, and country of origin continue to guide the presentation of contract data in the 2023 guide. Notable trends emerge, shedding light on how the specialty market responded to the downturn in the 2022/2023 average C price, which decreased by 52 cents from the previous year.

Introducing a novel feature, this year’s guide allows users to calculate an appropriate indicator for coffees by applying differentials based on cup score, location, and/or volume to a median price.

It’s crucial to note that the Specialty Coffee Transaction Guide, while illuminating industry trends, does not encompass the entire specialty market. The median prices provided are emphasized as not representing mandatory, correct, or universally appropriate prices. Instead, the guide serves as a valuable tool for stakeholders to understand prevailing prices, assess justifiability, and establish or interpret prices based on historical precedents. As Karl Wienhold, 2023 Specialty Coffee Transaction Guide Research Associate, affirmed, “It’s a tool to let everyone along the chain know what prices are being paid for what types of coffee, whether those prices are justifiable or not, and to know how to set or interpret prices based on precedent.”

 

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[:ar]Privacy Policy for qahwa world At qahwaworld, accessible from qahwaworld.com, one of our main priorities is the privacy of our visitors. This Privacy Policy document contains types of information that is collected and recorded by qahwaworld and how we use it. If you have additional questions or require more information about our Privacy Policy, do not hesitate to contact us. This Privacy Policy applies only to our online activities and is valid for visitors to our website with regards to the information that they shared and/or collect in qahwaworld. This policy is not applicable to any information collected offline or via channels other than this website. Our Privacy Policy was created with the help of the Free Privacy Policy Generator. Consent By using our website, you hereby consent to our Privacy Policy and agree to its terms. 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Another part of our priority is adding protection for children while using the internet. We encourage parents and guardians to observe, participate in, and/or monitor and guide their online activity. Qahwa World does not knowingly collect any Personal Identifiable Information from children under the age of 13. If you think that your child provided this kind of information on our website, we strongly encourage you to contact us immediately and we will do our best efforts to promptly remove such information from our records.[:ru]Privacy Policy for qahwa world At qahwaworld, accessible from qahwaworld.com, one of our main priorities is the privacy of our visitors. This Privacy Policy document contains types of information that is collected and recorded by qahwaworld and how we use it. If you have additional questions or require more information about our Privacy Policy, do not hesitate to contact us. This Privacy Policy applies only to our online activities and is valid for visitors to our website with regards to the information that they shared and/or collect in qahwaworld. This policy is not applicable to any information collected offline or via channels other than this website. Our Privacy Policy was created with the help of the Free Privacy Policy Generator. Consent By using our website, you hereby consent to our Privacy Policy and agree to its terms. Information we collect The personal information that you are asked to provide, and the reasons why you are asked to provide it, will be made clear to you at the point we ask you to provide your personal information. If you contact us directly, we may receive additional information about you such as your name, email address, phone number, the contents of the message and/or attachments you may send us, and any other information you may choose to provide. When you register for an Account, we may ask for your contact information, including items such as name, company name, address, email address, and telephone number. How we use your information We use the information we collect in various ways, including to: Provide, operate, and maintain our website Improve, personalize, and expand our website Understand and analyze how you use our website Develop new products, services, features, and functionality Communicate with you, either directly or through one of our partners, including for customer service, to provide you with updates and other information relating to the website, and for marketing and promotional purposes Send you emails Find and prevent fraud Log Files qahwaworld follows a standard procedure of using log files. These files log visitors when they visit websites. All hosting companies do this and a part of hosting services' analytics. The information collected by log files include internet protocol (IP) addresses, browser type, Internet Service Provider (ISP), date and time stamp, referring/exit pages, and possibly the number of clicks. These are not linked to any information that is personally identifiable. The purpose of the information is for analyzing trends, administering the site, tracking users' movement on the website, and gathering demographic information. Cookies and Web Beacons Like any other website, qahwaworld uses 'cookies'. These cookies are used to store information including visitors' preferences, and the pages on the website that the visitor accessed or visited. The information is used to optimize the users' experience by customizing our web page content based on visitors' browser type and/or other information. For more general information on cookies, please read the Cookies article on Generate Privacy Policy website. Google DoubleClick DART Cookie Google is one of a third-party vendor on our site. It also uses cookies, known as DART cookies, to serve ads to our site visitors based upon their visit to www.website.com and other sites on the internet. However, visitors may choose to decline the use of DART cookies by visiting the Google ad and content network Privacy Policy at the following URL – https://policies.google.com/technologies/ads Our Advertising Partners Some of advertisers on our site may use cookies and web beacons. Our advertising partners are listed below. Each of our advertising partners has their own Privacy Policy for their policies on user data. For easier access, we hyperlinked to their Privacy Policies below. Google https://policies.google.com/technologies/ads Advertising Partners Privacy Policies You may consult this list to find the Privacy Policy for each of the advertising partners of qahwaworld. Third-party ad servers or ad networks uses technologies like cookies, JavaScript, or Web Beacons that are used in their respective advertisements and links that appear on qahwaworld, which are sent directly to users' browser. They automatically receive your IP address when this occurs. These technologies are used to measure the effectiveness of their advertising campaigns and/or to personalize the advertising content that you see on websites that you visit. Note that qahwaworld has no access to or control over these cookies that are used by third-party advertisers. Third Party Privacy Policies qahwaworld's Privacy Policy does not apply to other advertisers or websites. Thus, we are advising you to consult the respective Privacy Policies of these third-party ad servers for more detailed information. It may include their practices and instructions about how to opt-out of certain options. You can choose to disable cookies through your individual browser options. To know more detailed information about cookie management with specific web browsers, it can be found at the browsers' respective websites. CCPA Privacy Rights (Do Not Sell My Personal Information) Under the CCPA, among other rights, California consumers have the right to: Request that a business that collects a consumer's personal data disclose the categories and specific pieces of personal data that a business has collected about consumers. Request that a business delete any personal data about the consumer that a business has collected. Request that a business that sells a consumer's personal data, not sell the consumer's personal data. If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us. GDPR Data Protection Rights We would like to make sure you are fully aware of all of your data protection rights. Every user is entitled to the following: The right to access – You have the right to request copies of your personal data. We may charge you a small fee for this service. The right to rectification – You have the right to request that we correct any information you believe is inaccurate. You also have the right to request that we complete the information you believe is incomplete. The right to erasure – You have the right to request that we erase your personal data, under certain conditions. The right to restrict processing – You have the right to request that we restrict the processing of your personal data, under certain conditions. The right to object to processing – You have the right to object to our processing of your personal data, under certain conditions. The right to data portability – You have the right to request that we transfer the data that we have collected to another organization, or directly to you, under certain conditions. If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us. Children's Information Another part of our priority is adding protection for children while using the internet. We encourage parents and guardians to observe, participate in, and/or monitor and guide their online activity. qahwaworld does not knowingly collect any Personal Identifiable Information from children under the age of 13. If you think that your child provided this kind of information on our website, we strongly encourage you to contact us immediately and we will do our best efforts to promptly remove such information from our records.[:]
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