Key Market Indicators
Nepalese coffee consumption is projected to reach 2,400 metric tons by 2028, up from 2,000 metric tons in 2023, marking an average annual growth rate of 2.7%. Since 2019, demand in Nepal has remained stable. In 2023, Nepal ranked 102nd globally in coffee consumption, with East Timor surpassing it at 2,000 metric tons. The United States, Germany, and Japan secured the 2nd, 3rd, and 4th positions, respectively, in this ranking. On the production side, Nepalese coffee output is expected to decline to 870 bags of 60 kg by 2028 from 1,020 bags in 2023, reflecting a compound annual growth rate (CAGR) decrease of 2.5%. Despite this projected downturn, Nepal's coffee production saw an 8% year-on-year increase since 2008. In 2023, Nepal ranked 50th in global coffee production, with Malawi overtaking it at 1,020 bags. Vietnam, Colombia, and Indonesia were the top three producers, holding the 2nd, 3rd, and 4th spots, respectively.
