Coffee, the world's second most consumed beverage after water, is also the most traded consumable good globally. This article delves into intriguing statistics about coffee, including consumption rates and fair trade/organic coffee data. Discover which countries drink the most coffee, how much Americans spend on their caffeine fix, and the growth of specialty and fair trade coffee markets.
Finland leads the world in coffee consumption per capita, with the average Finn drinking about 12 kg (26 lbs) of coffee annually. The United States ranks 16th, just after the United Kingdom and just before the European Union. However, the U.S. is the largest overall consumer, accounting for approximately 20% of the world's coffee consumption.
| Country | Coffee Consumption (kg per capita) |
|---|---|
| Finland | 12 |
| Norway | 9.9 |
| Iceland | 9 |
| Denmark | 8.7 |
| Netherlands | 8.4 |
| United States | 4.4 |
Source: International Coffee Organization
The specialty coffee market is experiencing rapid growth, expanding at a rate of about 20% per year. Specialty coffee now accounts for roughly 8% of all coffee sales. According to the Specialty Coffee Association of America (SCAA), specialty coffee is defined as coffee scoring 80 points or higher on their 100-point scale.
Americans spend nearly $18 billion annually on coffee, averaging about $165 per coffee drinker per year. On average, men consume slightly more coffee (1.9 cups per day) than women (1.4 cups per day). The per capita coffee consumption in the U.S. is approximately 4.4 kg (9.8 lbs) per year.
Fair trade coffee sales in North America grew by 104% between 2004 and 2007. Another rise of over 100% was expected between 2008 and the end of 2010. Mexico is the world's largest producer of fair trade coffee, holding roughly 23% of the global market share. Over 50% of the world's fair trade coffee production occurs in Mexico and South American countries.
The United States is the largest importer of organic coffee, responsible for at least 40% of global organic coffee imports. Despite being the most traded of all fair trade goods, fair trade coffee made up just over 1% of the entire coffee market as of 2008.
Coffee remains a staple in many people's daily routines, with consumption and market trends showing significant growth, especially in specialty and fair trade sectors. As the largest consumer and importer of coffee, the United States plays a crucial role in the global coffee market. Understanding these statistics can provide valuable insights into the coffee industry's future.
Sources: Coffee Research, Wiley Online Library, FAO
What You Should Know About the EB-5 Investor Visa Process
This article will address important aspects of the EB-5 Investor Visa Program that you should be aware of when preparing to go through the application process.
How to attain a Green Card Through the EB-5 Investor Visa Program
This article will summarize the steps necessary to obtain an EB-5 Investor Visa.
iPhone Apps For Children: Maybe you should hand your kids your iPhone, after all
Many applications for the iPhone are well suited for children. This articles explores a number of these Apps.
