Key Market Indicators
Honduran coffee consumption is projected to reach 51,000 metric tons by 2028, up from 46,000 metric tons in 2023. This marks an annual growth rate of 1.7%. Since 2019, the country's coffee demand has increased by an average of 3.4% annually. In 2023, Honduras ranked 34th in global coffee consumption, with Thailand slightly ahead at 46,000 metric tons. Leading the global consumption rankings are the United States, Germany, and Japan, occupying the second, third, and fourth spots, respectively. On the production side, Honduran coffee output is expected to hit 10.1 million bags of 60 kg by 2028, up from 8.78 million bags in 2023. This equates to an annual growth rate of 2.2%. Since 1995, Honduras has seen its coffee supply grow by an average of 3.7% each year. In 2023, the country ranked fifth in global coffee production, with Indonesia slightly ahead with 8.78 million bags. Topping the production rankings are Vietnam, Colombia, and Indonesia, holding the second, third, and fourth positions, respectively.
