Global coffee prices could rise 20% year over year in 2019 due to a drop in Brazilian exports according to consensus estimates. Brazilian coffee exports rose 7.7% in 2018 compared to 2017, offsetting a 48.6% drop in shipments from Indonesia. Brazil’s export growth in 2018 was largely due to a 16.0% year over year rise in shipments to the European Union, which accounted for 51.2% of Brazil’s exports. The fastest growing European buyer was JAB Holding’s Douwe Egberts whose shipments soared 256.6% year over year while the slowest was Neumann Kaffee’s Rothfos which grew by just 1.6%.