Key Market Indicators
Coffee production is projected to decline to approximately 2,800 bags of 60 kilograms by 2028, down from around 2,900 bags in 2023. This represents a compound annual growth rate (CAGR) decrease of 0.5% per year. Since 1995, the coffee supply has been shrinking at an average rate of 0.7% annually. In the global coffee production rankings, Vietnam, Colombia, and Indonesia are positioned as the second, third, and fourth largest producers, respectively.
