The briefing examines how coffee performs globally in the largest countries in terms of output. The report also provides data for coffee prices and main coffee consumer industries, as well as economic indicators for countries with largest markets for coffee consumption.
Most global coffee production takes place in regions highly vulnerable to climate change, with reoccurring unusual climate phenomena and natural disasters, such as droughts, excessive rainfalls and frosts devastating coffee yields. Rising global temperatures result in pests and diseases becoming more prevalent as well, hampering global coffee supply.
Developing economies in Latin America, Asia Pacific and the Middle East and Africa are home to the lion’s share of global coffee production, with significant space left for agricultural productivity growth. Governments are investing in irrigation technologies for climate change resilience building, and are increasingly promoting more advanced farming techniques.
Variety of coffee beans application continues to grow, adding to rising demand for the commodity. Consumer base continues to grow in both developing and developed economies on the back of shifting consumption patters and growing social media influence, with consumers increasingly demanding for unique flavours and more personalised products.
Importance of fair pay for coffee-growing communities is becoming an important part for global coffee trade, with increasing social responsibility concerns and emerging fair trade certifications pushing coffee companies to ensure fair wages and working conditions for farmers. As market demand for sustainable coffee increases, traders are also encouraged to adopt regulations to protect expansion of coffee yields to protect biodiversity.
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