Falling coffee prices and rising demand for coffee beans may improve the quality of the products.
Mingtai, a commodity research institute, believes that due to global warming, the global coffee supply is decreasing, Brazil is the world's largest coffee producer, and coffee prices in Arabica have fallen by 35% in the past year.
The demand for a cup of high-quality coffee is on the rise, and the supply of high-quality coffee may not keep pace with the demand for the next three to five years. In cafes across the UK, demand for fine-crafted and high-quality coffee is growing, supply is decreasing, and high-quality coffee may be in short supply. Analysts in the food and beverage market believe that increased demand and reduced supply will boost the quality of the coffee industry.
Coffee consumption in the UK has risen in recent years, with the increase in the number of cafes around the country and the increasing use of coffee in kitchens, with demand from cafes driving total sales of about 1/10 in 2015.
Household demand has also increased expectations for quality improvements, prompting chains in the professional beverage market to buy coffee. This means that consumers not only satisfy a cup of coffee, but also expect higher quality.
Global coffee stocks are declining and high-quality production has not kept pace with demand. With the global warming, the production of high-quality coffee requires very high farm soil, soil, water and climate, and the harvest rate is relatively low.
The market is fragmented, which means that farmers' supply falls short of demand on small farms such as Latin America and Ethiopia. Coffee has become a high-quality product. British people prefer coffee. People want to know how coffee is made and tasted.
But farmers in the tropics need what they need to produce higher-value coffee. In fact, the price of coffee has not gone up. Global production is expected to rise from 40 million bags to 50 million bags to keep up with consumption.
According to the global coffee production report, global coffee exports and consumption are expected to hit a record, with the European Union accounting for nearly half of global coffee bean imports, and the UK says growing communities around the world need clean water and sanitation.
Synthesize the above:
First, commodity prices have fallen, and coffee is no exception. The price of coffee has fallen, but demand has increased.
Second, with global warming, growing coffee requires better farm soil, water and climate conditions.
Third, with the growth of consumer demand for high-quality coffee, products may usher in a good time to improve the quality.
The article comes from Hexun blogger Gong Lei.
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