FAO – Global Coffee Market and Recent Price Developments

The document focuses on the global coffee market and recent price changes.

It discusses the significance of coffee as one of the most consumed beverages and traded commodities worldwide. Coffee supports the livelihoods of about 25 million farmers and creates additional jobs in the value chain. For many low-income countries, coffee export is an important source of income. In 2023, coffee exports in some African countries accounted for a significant share of total commodity exports. The main coffee producers are Brazil and Vietnam, while the largest consumption and import markets are the European Union and the USA. The document also examines the two main varieties of coffee: Arabica and Robusta.