What was the price of coffee in 2022?
In 2022, the average US price for a pound of coffee was $5. But a specialty category called single-origin coffee can easily cost over $30 per pound. Global Coffee Industry Projections: Growth and Opportunities According to market projections, the global coffee market size value is projected to reach $102. CAGR of 5.The livelihood of 25 percent of the country’s population is directly or indirectly dependent on the coffee value chain will remain so in the years to come. Post Addis estimates Ethiopia’s coffee production for MY 2022/23 (Oct-Sep) to reach 8. MT).Coffee is expected to trade at 401. USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 445.Major coffee importing countries worldwide 2024 As the leading global coffee importer, the United States imported more than 1. U. S. Colombian coffee in 2023.
Will coffee prices go up in 2026?
Price Forecasts and Market Outlook Looking further ahead, the bank expects prices to normalise to $2. Trading Economics projected that coffee prices will reach $3. Q1 2025 and rise further to $3. January 2026. Brazil leads the way in coffee exports & production according to the coffee export data of Brazil, followed by Vietnam and Colombia.Our coffee, our why Starbucks proudly sources 100% arabica coffee from more than 450,000 farmers in 30 markets along “The Coffee Belt” – in Latin America, Asia Pacific and Africa.This shortage has impacted farmers, traders, and coffee lovers worldwide. Moreover, this shortage has also raised other concerns such as coffee prices. In 2024, global coffee prices surged by 147%, with premium arabica beans reaching usd 3. Usd 5,200 per metric ton.Brazil is the strongest powerhouse in the list of coffee output nations, producing on its own nearly 40% of the world’s supply, thanks to a conducive climate perfectly suiting coffee farming that is possible to find in many areas of the country.
How much coffee was produced in 2022?
The estimated total production in coffee year 2021/22 was 167. Arabica production was approximately 93. Robusta. Production in Asia & Oceania was around 51. Price Forecasts and Market Outlook Looking further ahead, the bank expects prices to normalise to $2. Trading Economics projected that coffee prices will reach $3. Q1 2025 and rise further to $3. January 2026.The Coffee Market Is Growing Rapidly Out-of-home revenue – generated in restaurants and bars – will touch US$376. Combined revenue in 2025 is expected to hit US$473. The revenue, at home is expected to grow annually by 2. CAGR 2025-2029).Brazil is the world’s largest coffee producer, responsible for about one-third of global production, according to the USDA Foreign Agricultural Service. In the 2024/2025 marketing year, Brazil is projected to produce 69.India Coffee Market was valued at USD 478 Million in 2022 and is expected to reach USD 1,227. Million by 2032 at a CAGR of 9. Coffee is an important plantation crop in India and has high export potential. The Western Ghats in India is the major hub of coffee cultivation.
Is coffee going up in price in 2025?
In April 2025, the U. S. These tariffs have increased the cost of coffee at the point of entry into the U. S. Overall, while there are risks involved, the ongoing demand and market growth provide a compelling case for coffee as a worthwhile addition to investment portfolios in 2025.The global coffee industry is projected to grow significantly in the coming years, driven by increasing coffee consumption in emerging markets, growing demand for specialty coffee, and the expansion of coffee retail chains globally.New York City, U. S. July 15, 2025. Caffeine levels aren’t the only things spiking for coffee drinkers lately. Prices for coffee have soared, fueled largely by volatile weather that’s reduced crop harvests among major growers like Brazil and Vietnam, according to analysts.Adults aged 40-59 and 60 and above consume the most coffee in the US, aligning with their lifestyle and stable income and facilitating regular purchases.
How much coffee will the world consume in 2025?
Global coffee consumption projected to hit a record 169. China’s coffee demand more than doubled in a decade, becoming the world’s sixth-largest consumer. An earlier report by the Climate Institute found that coffee production could be cut in half by 2050 due to climate change. Warming temperatures have started to introduce several new threats to the production of coffee, ranging from unsuitable growing temperatures to new warmer weather pests.In April 2025, the U. S. These tariffs have increased the cost of coffee at the point of entry into the U. S.After facing low harvests and high prices in the spring of 2025, coffee prices are dramatically decreasing. As a result, ripples are being seen throughout the global supply chain following a period of unpredictable crop yields and unstable consumer prices.Due to the effects of climate change, the land suitable for coffee farming could shrink by 50% by 2050, according to a 2014 study. The analysis found that highly productive areas in the two largest coffee-producing countries in the world, Brazil and Vietnam, may become unsuitable for coffee in the future.
What is the projection for the coffee industry growth?
Between 2021 and 2025, the market will grow at a CAGR of 7. This growth can be attributed to the increase of coffee shop sales (or out-of-home coffee consumption), Gen Z increasing their income and buying power, and the strengthening demand for specialty coffee. Although Gen Z consumers drink coffee less frequently than their millennial or Gen X counterparts, they place strong emphasis on experience and value when deciding how, when and where to spend their disposable income on coffee.