Coffee, one of the world’s most popular beverages, is enjoyed by millions daily for its rich flavor and energizing effect. Originating in Ethiopia, coffee has grown into a global industry, with key producers like Brazil, Vietnam, and Colombia supplying the ever-growing demand worldwide.

Recently, the global coffee market has seen a big rise in prices due to several factors. These challenges have put more pressure on the market, making coffee prices a key topic in trade and economic discussions.

As a non-coffee-producing country, Egypt basically depends on imports to meet the local demand. Hence, the local prices are subject to changes in global prices.

In this Factsheet, we will have a comprehensive overview of the key aspects of both global and local coffee markets.

• Over the past 10 years, the average global production of coffee reached 72 million of 60-kilogram bags. In 2023/2024, production rose to 169.18 million 60-kg bags, recording a year-over-year (YoY) growth rate of 3%.
• The world’s top three coffee producers accounted for 63% of the global production in 2023/2024. Brazil led the scene with 3 million of 60-kg bags or 39% of the global production. Vietnam came in second spot with 29.1 million 60-kg bags, accounting for 17% of total global production, followed by Colombia with 12.2 million 60-kg bags, equivalent to 7% of global production.
• Since late September 2023, coffee prices have been on a sharp upward trajectory. In late November 2024, coffee futures in New York hit their highest level in 47 years due to concerns over crops among major producers, threatening to increase costs for coffee roasters and consumers.
• In 2023, global exports hit $42.2 billion. The world’s top exporters were Brazil, Switzerland, and Germany, with exports worth $7.5 billion, $3.64 billion, and $3.4 billion, respectively. The three suppliers acquired a combined market share of 34.1% of global coffee exports.
• The USA, Germany, and France were the world’s top importers in 2023, with imports worth $8.2 billion, $4.6 billion, and $3.3 billion, respectively. Combined, the three countries represented 36.3% of the world’s total coffee imports. Notably, Germany is both, a top importer and exporter, as it re-exports coffee.
• Egypt is a non-coffee-producing country. In 2023, Egypt imported $216.4 million worth of coffee, accounting for 0.5% of the world’s coffee imports. Egypt ranked 34^th among global importers, 3^rd among Arab countries, and 1^st in Africa.
• Egypt’s imports of coffee in 2023 came mainly from Indonesia, Vietnam, and Brazil, with $93 million, $48 million, and $21.5 million imports, respectively. The three countries accounted for 75% of Egypt’s imports.
• In October 2024, the average price for quality coffee in Egypt ranged from EGP 400 to 560 per kg. However, the prices jumped by around 20% during November due to global price hikes.

By: Amina Hussein

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