Forecast: Coffee Production in the US

Coffee production in the US has experienced a significant decline from 2014 to 2023, standing still at 1.0 Thousand Metric Tons in 2023. The year-on-year variation was stable at 0%, but the Compound Annual Growth Rate (CAGR) over the past five years was -12.94%. Notably, 2015 saw a dramatic 50% decrease, and subsequent years showed consistent declines, especially in 2020 (-17%) and 2021 (-39.76%). From 2024 onwards, a sharp decline is forecasted with a five-year forecast CAGR of -32.24%, projecting to just 0.11 Thousand Metric Tons by 2028.

Future trends to watch for:

• Potential impacts of climate change on coffee growing regions.
• Technological advancements in agriculture that could stabilize or boost production.
• Shifts in domestic coffee consumption and global market influences.
• Policy changes or subsidies that may affect production rates.