The European coffee consumption will reach 53.7 million bags in 2023-2024

Published Jun 18, 2024

Tridge summary

From October 2023 to September 2024, European coffee consumption is projected to reach 53.7 million 60kg bags, representing about 30% of global demand and a 2.2% increase from the previous period. Global coffee production is expected to rise by 5.8% to 178 million bags, with 58% being Coffea arabica and 42% Coffea canephora. This data from the May 2024 Report of the International Coffee Organization (ICO) underscores the growing coffee consumption in Europe and positive global market trends.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For the period from October 2023 to September 2024, it is estimated that coffee consumption in Europe will reach approximately 53.7 million 60kg bags, which will correspond to around 30% of global demand. This volume represents an increase of 2.2% compared to the previous period, reflecting a continued growth in European appetite for the drink. Global coffee production for the same period is projected at around 178 million bags, a significant increase of 5.8% compared to the previous harvest. Of these, 102.2 million bags are of Coffea arabica, which represents 58% of world production, while 75.8 million bags are of Coffea canephora (robusta+conilon), corresponding to 42% of the total. The data was released in the May 2024 Report of the International Coffee Organization (ICO), consulted by the Coffee Observatory of the Coffee Research Consortium coordinated by Embrapa Café. In addition to Europe, the regions of Asia & Oceania, North America, North America South, Africa, the ...

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