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Coffee prices 1973–2022. According to the Composite Index of the London-based coffee export country group International Coffee Organization the monthly coffee price averages in international trade had been well above 1000 US cent/lb during the 1920s and 1980s, but then declined during the late 1990s reaching a minimum in September 2001 of just 417 US cent per lb and stayed low until 2004.
The following list of countries by coffee production catalogues sovereign states that have conducive climate and infrastructure to foster the production of coffee beans. [1] Many of these countries maintain substantial supply-chain relations with the world's largest coffeehouse chains and enterprises. [ 2 ]
Coffee landscape, Gia Lai province. Coffee production has been a major source of income for Vietnam since the early 20th century. First introduced by the French in 1857, the Vietnamese coffee industry developed through the plantation system, becoming a major economic force in the country.
Indonesia's coffee industry is represented by three associations. The Association of Indonesian Coffee Exporters (AICE), also known by its Indonesian acronym "AEKI", is composed of Arabica and Robusta coffee exporters. AICE was founded in 1979 and was responsible for managing export quotas under the International Coffee Agreements up until 1989.
The coffee is mainly arabica, which grows particularly well in the coastal region of Soconusco, Chiapas, near the border of Guatemala. [2] At the end of the 18th century, coffee came to Mexico from the Antilles, but was not exported in great quantities until the 1870s. [3] During the 1980s, coffee became the country's most valuable export crop. [2]
The coffee cherry has the fruit or pulp removed leaving the seed or bean which is then dried. While all green coffee is processed, the method that is used varies and can have a significant effect on the flavor of roasted and brewed coffee. Coffee production is a major source of income for 12.5 million households, most in developing countries. [1]
Coffee production in the southern part of the country is 80,000 tons of robusta coffee. One-quarter of the robusta coffee is for domestic consumption in the form of soluble, roasted, powdered, and tinned coffee. [4] According to Food and Agriculture Organization (FAO) statistics for 2013, coffee production was 50,000 tons grown on 51,000 hectares.
In 2016, specialty coffee was Europe's fastest growing major restaurant category, with an increase of 9.1% from 2014 to 2015. Western Europe saw a particularly large growth of 10.5% in the specialty cafe market, while the overall coffee industry reduced by 1.5%, perhaps due to a longer history of coffee consumption.