Tridge summary
Colombia's coffee production is projected to increase in 2024 due to favorable weather conditions, reaching 13 million bags and generating around 3.143 billion USD. As the world's third-largest coffee producer, Colombia has the capacity to produce 14 million bags per year. The United States and Canada, which account for 45% of total exports, are the key markets. With 842,000 hectares of coffee plantations and approximately 540,000 families reliant on the activity, Colombia experienced a 2% increase in coffee production in 2023, breaking a three-year decline.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Colombian Coffee Growers Federation representative Germán Bahamón said that in September 2024, the country forecasted production of 13 million bags, but thanks to favorable weather conditions, the harvest is expected to increase by the end of this year, with a turnover of about 3.143 billion USD. Colombia, the world's third largest coffee producer after Brazil and Vietnam, is capable of producing about 14 million bags per year. The United States and Canada are Colombia's key markets, accounting for 45% of total exports. Colombia has ...
Source: Vinanet
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