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The growers deliver the same day of picking the cherry to the millers based on an ‘adelanto’. This partial payment represents a forecast of what the final price could be after fixation of the export contract and deduction of export cost and taxes. The price paid to the growers is called ‘Rieles’, meaning FOB – Export Costs and Icafe taxes. Depending on the miller and the average FOB price, a price adjustment can be done after the harvest, every two month. Contract are registered to the Icafe after each and any price fixation. Icafe will calculate the average and final price for each mill. This report is public. At the end of the year (September), the final price to be paid to the growers by the millers will have to be approved by Icafe. Web: www.stc-coffee.com
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A quick trip over the Costa Rica coffee industry
Historical production:
1.800.000
2.000.000
2.200.000
2.400.000
2.600.000
2.800.000
3.000.000
3.200.000
3.400.000
3.600.000
3.800.000
1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13
2.111.600
1.939.000
2.103.300
2.383.000
2.245.500
1.828.000
1.500.000
1.600.000
1.700.000
1.800.000
1.900.000
2.000.000
2.100.000
2.200.000
2.300.000
2.400.000
2.500.000
2008/09 2009/10 2010/11 2011/12 2012/13 2013/14
Organic production trend:
0
2.000
4.000
6.000
8.000
10.000
12.000
14.000
16.000
18.000
20.000
1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2012/13
Number of growers:
50.000
55.000
60.000
65.000
70.000
75.000
80.000
1995/96 2001/02 2002/03 2003/04 2006/07 2008/09 2011/12
Coffee regions:
Production per region (qq):
259882
639993
69881
445095
230508
535662
608847
115.675
628.498
28.675
153.000
88.232
331.180
504.375
0
100000
200000
300000
400000
500000
600000
700000
Coto Brus Tarrazu Guanacaste Perez Zeledon Turrialba Central valley West valley
2003/04 2010/2012 average 2013/14 estimate
Sector structure:
95
34 38
184
93
57
0
20
40
60
80
100
120
140
160
180
200
Millers Exporters Roasters
1995/96 2001/02 2002/03 2003/04 2006/07 2008/09 2011/12
Export vs Local consumption:
84,49% 81,42%
15,51% 18,58%
70%
75%
80%
85%
90%
95%
100%
1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13
Export Local
Amount of miller per region:
45
5
11 13 12
9
36
49
62
14
50
16
0
10
20
30
40
50
60
70
Central valley West valley Tarrazu Turrialba Coto brus Other
2002/03 2012/13
Average production per miller:
10.000
12.000
14.000
16.000
18.000
20.000
22.000
24.000
26.000
28.000
30.000
2003/04 2004/05 2011/12
Total of millers:
0
20
40
60
80
100
120
140
2003/04 2004/05 2011/1280
100
120
140
160
180
200
2003/04 2004/05 2011/12
Total of millers Less than 5 fanegas millers
Productivity (QQ/hect,):
23
24
25
26
27
28
29
30
31
2000/01 2001/02 2002/03 2003/04 2012/13
Export destination:
43,70%
15,40%
8,10% 7,10% 4,10%
53,80%
5,40% 4,10% 2,50%
13,00%
0,00%
10,00%
20,00%
30,00%
40,00%
50,00%
60,00%
USA Germany Italy Japan Belgium
2003/04 2004/05 2005/06 2006/07 2008/09 2011/12
Net price paid to growers:
$40,00
$60,00
$80,00
$100,00
$120,00
$140,00
$160,00
$180,00
$200,00
$220,00
2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13
How coffee is paid: The growers deliver the same day of picking the cherry to the millers based on an ‘adelanto’. This partial payment represents a forecast of what the final price could be after fixation of the export contract and deduction of export cost and taxes. The price paid to the growers is called ‘Rieles’, meaning FOB – Export Costs and Icafe taxes. Depending on the miller and the average FOB price, a price adjustment can be done after the harvest, every two month. Contract are registered to the Icafe after each and any price fixation. Icafe will calculate the average and final price for each mill. This report is public. At the end of the year (September), the final price to be paid to the growers by the millers will have to be approved by Icafe.
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