The coffee processing volume in Africa has shown significant fluctuations in the past decade, with a peak of 33.0 thousand metric tons in 2015 followed by a general downward trend. By 2023, the volume stood at 7.0 thousand metric tons, marking a year-on-year decrease of 12.5% and a negative CAGR of 10.22% over the past five years. The forecast indicates a continued decline at an average annual rate of 19.73%, projecting a volume of just 2.0 thousand metric tons by 2028, a drop of 66.67% from the 2023 levels.
Future trends to watch for:
- Impact of climate change on coffee cultivation in Africa.
- Adoption of advanced coffee processing technologies.
- Shifts in global coffee demand and pricing.
- Government and private sector investments in the coffee industry.