Key Market Indicators
Jamaican Coffee Consumption is projected to reach approximately 7,200 metric tons by 2028, up from 7,000 metric tons in 2023. This marks an average annual growth rate of 0.5%. Since 2019, the demand for coffee in Jamaica has remained stable. In 2023, Jamaica held the 86th position globally, with India slightly ahead at the same consumption level. In contrast, Jamaican Coffee Production is expected to decline. By 2028, production is forecasted to drop to around 11,400 bags of 60 kg, down from 14,600 bags in 2023. This represents an annual decrease of 4% in the compound annual growth rate (CAGR). Since 1995, the country's coffee supply has been steadily decreasing at a rate of 3.9% per year. In 2023, Jamaica ranked 43rd in coffee production, with Paraguay surpassing it with production levels of 14,600 bags. Globally, Vietnam, Colombia, and Indonesia held the second, third, and fourth positions in coffee production, respectively.