Key Market Indicators
Guatemalan coffee consumption is projected to decline to approximately 36,000 metric tons by 2028 from around 41,000 metric tons in 2023. This reflects an average annual decrease of 1.9%. Since 2019, the demand for coffee in Guatemala has remained stable. In 2023, Guatemala ranked 39th globally in coffee consumption, with Venezuela slightly ahead at 41,000 metric tons. The top spots in the ranking were held by the United States, Germany, and Japan, respectively. On the production side, Guatemalan coffee output is expected to increase modestly. By 2028, production is set to reach about 4.11 million bags of 60 kg each, up from 4.01 million bags in 2023, indicating an average annual growth rate of 0.4%. Since 1995, Guatemala's coffee supply has experienced zero percent year-on-year growth. In 2023, Guatemala was the 11th largest coffee producer, with Mexico narrowly ahead at 4.01 million bags. Leading the global production rankings were Vietnam, Colombia, and Indonesia.
