Coffee imports from non-EU countries were worth 10.6 billion in 2023. The quantity has remained stable over the last decade, but the value increased by 3 billion. Most coffee imported to the old continent comes from Brazil, with 34 percent, and Vietnam, 24 percent. Uganda, Honduras, India, Colombia, and Indonesia follow.
Italy is the second largest importer, after Germany, which accounts for 33 percent of the total from non-EU countries, followed by Belgium, Spain, and France.
Coffee price inflation has been on an uptrend since October 2021, causing substantial cost increases. Italy saw a net improvement between October 2022 and 2023, with values falling from 8.4 percent to 4.1. Since June 2024, the Italian trend has been rising, so there is again a risk that prices could grow so much as to make the Italians’ most beloved habit a luxury good.
English version by the Translation Service of Withub
Source link : https://www.eunews.it/en/2024/10/01/in-2023-italy-produced-a-quarter-of-all-coffee-in-the-european-union/
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Publish date : 2024-10-01 13:09:55
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