Coffee, is one of the main export products of Colombia, and plays a very important role in the national economy, also, internationally, the country is positioned as one of the largest producers of grain worldwide, the same Thus, the variety of soft coffee (Arabic) produced in Colombia, is very desirable, especially in the markets of the United States, European countries and Japan, therefore, its influence on the market is quite significant.

Likewise, coffee production by Colombia was placed in 2017 at 14 million bags, decreasing by 4.3% compared to 2016, however, the country continues to be the third largest producer of grain worldwide. , after Brazil and Vietnam.

The coffee harvest in Colombia for the first semester of the year 2018, reached 6.5 million bags, with an increase of 2.6% compared to the same period of 2017, according to the figures reported by the National Federation of Coffee Growers, increasing the possibilities that the production of this year exceeds between 2% and 5%, the 14 million bags of the previous year, generating a greater pressure to the market in relation to the offer.

GLOBAL COFFEE PRODUCTION

World coffee production has maintained its upward trend in the long term, standing at the end of 2017 in 158.6 million bags of 60 kg, despite having a negative variation of 0.3% compared to 2016 , has increased by 70% since 1990, according to figures from the International Coffee Organization (ICO), for which, production has been growing significantly in recent decades, and according to the Department of Agriculture of the United States (USDA ), the total production for this year 2018, will be placed in record figures, since it could possibly reach 171 million bags, this increase is already evident with the production registered in the first half of this year by the countries of Brazil and Indonesia, which obtained a harvest of 60 million bags and 11.5 million bags, respectively, with a positive variation with respect to the previous period of 17.6% and 5.5%, according to the data reported by the ICO, which it’s It is very relevant for the market, because these two countries are part of the group of largest coffee producers worldwide, as are Vietnam and Colombia, and between these four countries they cover around 66% of the total global coffee production .