How is the world market for coffee?
In this guide we will provide the answer to the question:” How is the world market for coffee?”. In addition, we will discuss how coffee influences the economy and which country is the biggest coffee producer.
How is the world market for coffee?
Coffee is the second most important commercial product in the world, after petroleum, and is consumed by about a third of the world population. Brazil, Vietnam, Colombia, Indonesia, Ethiopia, and India are the main producers of coffee in the world.
In 2016, the production of coffee in Brazil was 3.300.000 tons, followed by Vietnam with 1.530.000 tons. In 2018, the production of coffee in Brazil was 3.750.000 tons, followed by Vietnam with 1.530.000 tons.
Coffee is grown in around 80 countries and is one of the most popular in the world and the second largest commodity traded. Global raw coffee production increased by nearly 17% between 2000 and 2012, probably due to increased income in agricultural production (24%).
Coffee originates from the tree of the Coffea genus of the Rubiaceae family. The Coffea sub-genus contains more than 80 species, with the most species marketed being Coffea arabica (Arabica coffee) and Coffea canephora (Coffee Robust).
Each species has a different chemical composition, resulting in production of beverages with differentiated sensory characteristics. The Coffea plant is believed to be an evergreen shrub with bright leaves, originating in South Asia or Africa.
It is currently cultivated as agricultural culture in various parts of the world. It’s a plant of short days and therefore floral initiation occurs in day conditions short of 8-11 hours of light a day. The fertilization process is completed within 24-48 hours after pollination and germination take about 45 days. The fruit normally reaches maturity in 7-9 months.
How coffee influences the economy?
Coffee is one of the most important commodities in the world. It is consumed by about one-third of the world’s population and is a major agricultural export in several countries.
Globally, 25 million smallholders depend on coffee for livelihoods and most of the production (90%) occurs in developing countries. However, industrialized countries represent the highest consumption.
Therefore, coffee is very important for the economy of developing countries and small producers, who, many times, just depend on that income.
Which country is the biggest coffee producer?
Brazil is the largest coffee producer, followed by Vietnam, Colombia, Indonesia, Ethiopia and Honduras. Coffee trees grow in tropical regions, between the Tropic of Cancer and the Tropic of Capricorn, which has abundant rainfall throughout the year with an average temperature of 21 °C and no frost.
They grow at altitudes that vary from sea level up to 1,981.2 meters. Coffee trees take approximately five years to have their first crop, and they will be productive for about
The global production of coffee in 2016 was 151,624,000 bags of 60 kg, the largest producer was Brazil with 55.000.000 bags of 60 kg. Brazil, Vietnam and Colombia account for more than half of the world production.
Global coffee production increased by 5.7% in 2018 compared to the previous year, reaching 10,186,860 t, of which 3,750,000 t was produced in Brazil (319,820 t for internal consumption and the remainder for exportation).
Brazil is the largest producer and exporter of coffee in the world and is the second
largest consumer. Coffea arabica species occupies 74% of the coffee plantation in Brazil, while Coffea canephora occupies 26%.
The per capita consumption of raw and roasted coffee in Brazil in 2014 was 6.12 and
4.89 kg per inhabitant, respectively. In 2014, coffee consumption in Brazil had an increase of 1.24% compared to 2013. Figure 1 shows the evolution of domestic consumption of coffee in Brazil, represented in millions of bags.
Figure 1 – Millions of coffee bags per year in Brazil.
Which coffee is most cultivated?
Coffea arabica, the oldest species cultivated for coffee production, has superior sensory quality and higher commercial value. It accounts for 75 to 80% of world production
and it is the most cultivated species in Brazil.
Currently, there are two commercial species worldwide: Coffea arabica and Coffea canephora. The coffee arabica is the oldest known type of coffee, being considered the species of greater commercial value.
Processing the grain of coffee can be made in three different ways: dry, semi-moist and moist. Dry processing is the simpler and more common technique of processing coffee fruits, and which represents almost 90% of the way harvested grains benefit.
Other FAQs about Coffee that you may be interested in.
In this text, we provide information about the world market coffee, as well the largest country producer and the coffee most cultivated.