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Coffee: A Key Economic Engine for the U.S. and Colombia
The U.S. leads global coffee consumption while Colombia pushes for unrestricted trade amid record-high prices.
Coffee: A Key Economic Driver in the U.S. and Colombia's Push for Unrestricted Trade
Coffee is an integral part of American culture, with consumption reaching historic levels. According to the National Coffee Association (NCA), 70% of adults in the United States drink coffee daily, surpassing even tap water consumption. This habit is not just a culinary preference but also a major economic driver, generating countless jobs in agriculture, distribution, retail, and coffee shops.
On January 27, 2025, the National Federation of Coffee Growers of Colombia (FNC) issued a joint statement with the U.S. National Coffee Association (NCA), emphasizing the importance of maintaining unrestricted coffee trade between the two countries. Both organizations expressed their commitment to a productive dialogue with authorities and stakeholders in Colombia and the U.S. to ensure the continuity of this vital trade flow.
Colombia is the second-largest supplier of green coffee to the United States, renowned for its high quality and consistent production. This has solidified Colombian coffee as a key component in the U.S. market, meeting the growing demand of American consumers.
Recently, Arabica coffee futures have surged by over 40% in the past three months and 79% annually, reaching historic price levels. This increase is attributed to adverse weather conditions in major producing regions and global supply and demand fluctuations.
Coffee is not only a favorite beverage for many Americans but also a major economic engine that supports jobs and strengthens international trade relationships. The ongoing collaboration between organizations like the FNC and NCA is crucial to ensuring this sector thrives and continues to benefit all stakeholders involved.
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