Key Market Indicators
**Thai Coffee Consumption to Hit 55,000 Metric Tons by 2028** BANGKOK — Thai coffee consumption is projected to reach 55,000 metric tons by 2028, up from 46,000 metric tons in 2023. This marks an average annual growth of 2.8%. Since 2019, the demand for coffee in Thailand has seen a steady increase of 1.8% per year. In the global rankings for 2023, Thailand held the 34th spot, while Belgium surpassed it with a consumption of 46,000 metric tons. The United States, Germany, and Japan occupied the second, third, and fourth positions, respectively. **Thai Coffee Production to Decline to 265,000 Bags by 2028** In contrast, Thai coffee production is anticipated to decline sharply, reaching 265,000 bags of 60 kg by 2028, from 392,000 bags of 60 kg in 2023. This represents a compound annual growth rate (CAGR) decline of 6.2%. Since 1995, the country's coffee supply has decreased by 4.1% annually. As of 2023, Thailand ranked 22nd in coffee production, with the Dominican Republic leading at 392,000 bags of 60 kg. Vietnam, Colombia, and Indonesia ranked second, third, and fourth, respectively.
Latest reports
Thailand Coffee Market Report- Q4 2024
The Thailand coffee market in Q4 2024 is experiencing dynamic growth fueled by economic recovery, consumer trends, and strategic industry shifts. This period...
