Coffee’s Place In The Global Economy
While we may not need coffee for survival, this popular pick-me-up fuels not only our daily energy levels, but the global economy as well.
The coffee industry: reaching higher grounds
- Globally, the sale of coffee makes up a $42.5 billion market.
- Worldwide, 25 million small producers rely on coffee for a living.
Global value of imported and exported coffee (worldwide, USA)
- Though volume of coffee production has remained fairly constant over the last decade, the value has increased steadily over the past few years.
Imports, worldwide: 2005 ~ $13.500.000, 2006 ~ $14.500.000, 2007 ~ $16.000.000.
Imports, USA: 2005 ~ $200.000, 2006 ~ $205.000, 2007 ~ $240.000.
Exports, worldwide: 2005 ~ $13.000.000, 2006 ~ $14.900.000, 2007 ~ $16.200.000.
Exports, USA: 2005 ~ $3.500.000, 2006 ~ $4.400.000, 2007 ~ $3.300.000.
Coffee production around the world:
- 33 percent of the world's coffee beans were produced in Brazil in 2009.
- an estimated 49 countries around the world grow coffee.
Top 10 coffee producing countries (in tons)
- Brazil - 2.796.927.
- Vietnam - 1.076.400.
- Colombia - 688.680.
- Indonesia - 682.938.
- Peru - 273.780.
- Ethiopia - 273.780.
- Mexico - 265.817.
- India - 262.000.
- Guatemala - 248.614.
- Uganda - 190.137.
People love their coffee:
- 56 percent of U.S. adults drink coffee, amounting to 66 billion cups per year.
- 40 percent of this coffee is now gourmet.
The top 5 consuming nations
- The United States is by far the largest consumer of coffee, however, Germany's relatively small population also drink a great amount of coffee each year.
United States ~ 22.500.000.
Germany ~ 9.000.000.
Japan ~ 5.800.000.
Italy ~ 5.400.000
France ~ 5.100.000.
Sources: National Coffee Association of USA, International Coffee Organization, Food and Agriculture of the United Nations, Starbucks Coffee Company.