It has multiple health benefits like loss of appetite, calms depression and anxiety, acts as a pain reliever, and also treats the 2 types of diabetes i.e. the Diabetes Ketoacidosis and the Hyperglycemic Hyperosmolar state. The significant amount of caffeine present in coffee not only stimulates the function of the Central Nervous System but also promotes the activity of the heart and the muscles throughout the body.
Far beyond its health benefits when it comes to its trade rate in the global market, right now it is leading most of the other traded agricultural goods with its high global demand. The global consumption of coffee has been significantly increasing for the past consecutive years and has attained an 8% hike in its consumption i.e. 10 million metric tons or 165.2 million bags. The global populations nowadays prefer this beverage as a lifestyle choice and use it daily in their dietary intake, premium variations like the ready-to-drink ones and consumer preferences are some of the key factors that contribute to the increased global consumption of this beverage.
The Coffee Export Data says an extensive hike in the trade rate of this beverage is due to the increased consumer preferences. The worldwide export trade of coffee has attained 100 billion of exports with a share of 80% in the global trade. The top 10 global coffee producer countries with export trade values are below,
• Brazil – Total Export Trade Value of Coffee in Brazil 2023 – 6 billion US dollars; Share of coffee in Brazil export – 30%
• Vietnam – Total Export Trade Value of Coffee in Vietnam 2023 – 4 billion US dollars; Share of coffee in Vietnam export – 20%
• Colombia – Total Export Trade Value of Coffee in Colombia 2023 – 2 billion US dollars; Share of coffee in Colombia export – 10%
• Indonesia – Total Export Trade Value of Coffee in Indonesia 2023 – 1 billion US dollars; Share of coffee in Indonesia export – 7%
• Honduras – Total Export Trade Value of Coffee in Honduras 2023 – 800 million US dollars; Share of coffee in Honduras export – 5%
• Ethiopia – Total Export Trade Value of Coffee in Ethiopia 2023 – 700 million US dollars; Share of coffee in Ethiopia export – 4%
• India – Total Export Trade Value of Coffee in India 2023 – 650 million US dollars; Share of coffee in India export – 3%
• Rwanda – Total Export Trade Value of Coffee in Rwanda 2023 – 500 million US dollars; Share of coffee in Rwanda export – 2%
• Peru – Total Export Trade Value of Coffee in Peru 2023 – 400 million US dollars; Share of coffee in Peru export – 2%
• Mexico – Total Export Trade Value of Coffee in Mexico 2023 – 300 million US dollars; Share of coffee in Mexico export – 1%
As per the Coffee Customs Data, the top 10 leading coffee producers of the global market account for a huge share in the global trade, the production rate of the companies in 2023 are discussed below,
• Nestle – Headquartered in Switzerland, Total production rate in 2023 – 125 million bags.
• J.M Smucker Company– Headquartered in America, Total production rate in 2023 – 85 million bags.
• Jacobs Douwe Egberts – Headquartered in Europe, Total production rate in 2023 – 55 million bags.
• Starbucks– Headquartered in Washington, Total production rate in 2023 – 50 million bags.
• Tchibo – Headquartered in Germany, Total production rate in 2023 – 35 million bags.
• Lavazza – Headquartered in Italy, Total production rate in 2023 – 30-35 million bags.
• Rowland Coffee Roasters – Headquartered in America, Total production rate in 2023 – 30 million bags.
• Strauss Group – Headquartered in Israel, Total production rate in 2023 – 25-30 million bags.
• Melitta – Headquartered in Germany, Total production rate in 2023 – 20-25 million bags.
• Luigi Lavazza S.p.A – Headquartered in Italy, Total production rate in 2023 – 15-20 million bags.
As the demand for this beverage is increasing throughout the world, its global consumption is also increasing hike says the Coffee Global Trade Data. The details of the top 10 global importers of coffee with their import trade value in 2023 and share in the global market are discussed below,
• United States – Total Import Trade Value of Coffee in the United States 2023 – 6 billion US dollars; Share in the global market – 20%
• Germany – Total Import Trade Value of Coffee in Germany 2023 – 4 billion US dollars; Share in the global market – 12%
• France – Total Import Trade Value of Coffee in France 2023 – 2.5 billion US dollars; Share in the global market – 8%
• Italy – Total Import Trade Value of Coffee in Italy 2023 – 1.9 billion US dollars; Share in the global market – 6%
• Japan – Total Import Trade Value of Coffee in Japan 2023 – 1.7 billion US dollars; Share in the global market – 5%
• Canada – Total Import Trade Value of Coffee in Canada 2023 – 1 billion US dollars; Share in the global market – 3%
• Finland – Total Import Trade Value of Coffee in Finland 2023 – 800 million US dollars; Share in the global market – 2.5%
• United Kingdom – Total Import Trade Value of Coffee in the United Kingdom 2023 – 700 million US dollars; Share in the global market – 2.3%
• Spain – Total Import Trade Value of Coffee in Spain 2023 – 600 million US dollars; Share in the global market – 2%
• Belgium – Total Import Trade Value of Coffee in Belgium 2023 – 500 million US dollars; Share in the global market – 1.7%
Que. What is the global consumption rate of coffee in 2023?
Ans. With a hike of 8% the global consumption rate of coffee has attained a value of 10 million metric tons.
Que. Name the top global coffee-producing brand.
Ans. Nestle is the top global coffee-producing brand of 2023.
Que. Who is the top coffee exporter of 2023?
Ans. Brazil is the top coffee exporter of 2023.
Que. Where can you get the global trade statistics for coffee trade in 2023?
Ans. At Import Globals, you can get the global trade statistics for coffee trade in 2023.