Global coffee demand grows at an average annual rate of 2.5% before 2020
The National Coffee Organization (OIC) predicts that global coffee demand is expected to grow at an average annual rate of 2.5% in the next six years, driven by strong demand from China, Russia and other countries. Demand will reach 175 million bags (60 kg each) in 2020, compared with 149.45 million bags in 2014.
The agency said that the global production gap this year is 800000 bags, but there is no need to worry about this situation, the market will carry out relative adjustment and balance, and Brazil is expected to adjust its inventory. Emerging markets with faster coffee growth, such as China and Russia, will grow at an average annual rate of 4% to 4.5%, while traditional markets will grow by 1% to 1.5%.
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
- Prev
Shanghai prepares to set up a coffee exchange to sting coffee people in Yunnan
If pacorini, an Italian warehousing operator, sets up Asia's first coffee exchange in the Shanghai free trade zone, Yunnan, as the main producer of coffee, can only do what farmers do forever. Yunnan can only stay in the place where coffee raw materials are bought and sold, and Yunnan still has no pricing power and voice. A few days ago, the Yunnan Coffee Industry Association talked about the future of Yunnan coffee industry and the establishment of coffee trade in Shanghai.
- Next
The competition of drawing flowers and brewing coffee starts in Kunming from November 6 to 8.
Yunnan Coffee Expo and World Barista Competition (Yunnan Division), China Coffee Federation Cup International Coffee Brewing Competition (Yunnan Station) and National Street Coffee pull Competition (Yunnan Station) will be held from November 6 to 8 in the first city of South Asia. This is the first high-standard coffee event in Yunnan Province. On the evening of November 8, the organizer will be in the first City Square in South Asia.
Related
- Heavy! Nestlé has been exposed to consider selling blue bottle coffee!
- Compensation of 270 million yuan! Starbucks has been charged with violating labor laws more than 500,000 times!
- What are Xizhao coffee beans? Why did they become champion beans? How to rush to the manor on the dividing line in Colombia?
- What does channel effect mean in coffee? Why are there holes in the coffee powder cake?
- How much do you add to the milk for latte, Australian white and cappuccino? What is the ratio of coffee to milk between latte and frill?
- What is the cause of coffee astringency? Why does the brewed coffee feel astringent?
- The industry is heavy! Lucky will open its first store in Taiwan in December?!
- Unbelievable! Does one person at Starbucks wear a tiger head set and hold a mace to order?!
- Return to the way you came from?! Some cities in Mixue Ice City are selling breakfast!
- The shop assistant was angry after being refused to jump in line to buy coffee! Party concerned: Police have been reported