The economics of coffee, in one chart
- Date: 28-Oct-2020
- Source: World Economic Forum
- Sector:Economy
- Country:uae-top-picks
The economics of coffee, in one chart
Every minute, 2.3 million cups of coffee are consumed globally, making it a multibillion dollar industry.
By total volume sales, it is the fourth most-consumed beverage in the world.
From the labor of growing, exporting, and roasting it, to the materials like packaging, cups, there are many underlying costs that go into every cup.
The economics of coffee.
Image: Visual Capitalist
Breaking down the economics of coffee
What goes into your morning cup of coffee, and what makes it possible?
The obvious answer might be coffee beans, but when you start to account for additional costs, the scope of a massive $200+ billion coffee supply chain becomes clear.
From the labor of growing, exporting, and roasting the coffee