Akhil economics coffee research


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Akhil economics coffee research

  1. 1. Economics – Research<br />Coffee . . .<br />
  2. 2. Which countries are major producers of Coffee?<br />Brazil is the world’s top producer of coffee, producing 2,246,010 tonnes of coffee per year !!! <br />Followed by Vietnam (961,200 tonnes), Colombia (697,377 tonnes), Indonesia (676,475 tonnes), Ethiopia (325,800 tonnes), India (288,000 tonnes), Mexico (268,565 tonnes), Guatemala (252,000 tonnes), Peru (225,992 tonnes) and Honduras (217,951 tonnes).<br />
  3. 3. Why is Coffee produced?<br />Coffee is a popular drink. People drink it to wake themselves up in the morning and to keep themselves awake when they have to study or drive in the night. It has become a favourite gourmet beverage mixed with syrups and whipped cream and served hot or on ice. Americans drink 1/5 of all the coffee produced in the world. However, there is only one place in the United States where the beans are grown--Hawaii.<br />Coffee is the world’s third most popular drink after water and tea. I cannot agree more as I too am a coffee addict, consuming at least one cup of coffee a day, whether it is a iced coffee with whipped cream on top, or a hammerhead to give me an instant caffeine shot. Although a Café Bombón is also a divine treat for special occasions. <br />One of the main reasons for coffee’s production is the world wide demand for it. The average American drinks  3.1 cups of coffee a day, and 90% of Americans drink coffee daily. 52% of Americans over the age of eighteen drink a cup of coffee every morning with 62% of coffee drinkers put sugar or sweetener in their coffee. <br />Coffee’s popularity is also because of its caffeine content. The caffeine in the coffee acts as a central nervous system stimulant , temporarily warding off drowsiness and restoring alertness. <br />Coffee is the second most traded item in the world after Crude Oil.<br />
  4. 4. Which countries need to import Coffee?<br />The top 10 importers of coffee are United States of America, Argentina, China, Netherlands, Germany, Mexico, Chile, Japan, Italy and Russia.<br />Although, Finland is the largest consumer of coffee per capita at 12.0 kg!! Followed by, Norway (9.9 kg), Iceland (9.0 kg), Denmark (8.7 kg), Netherlands (8.4 kg), Sweden (8.2 kg), Switzerland (7.9 kg), Belgium (6.8 kg), Luxembourg (6.8 kg) and lastly, Aruba (6.8 kg).<br />
  5. 5. Does New Zealand export or import coffee?<br />Unfortunately, New Zealand’s environment does not support the growing conditions required for the coffee plant. That is why, New Zealand imports its coffee from various coffee producing countries.<br />
  6. 6. How much of Coffee did New Zealand import in the last financial year for which figures are available?<br />Although total coffee import statistics are not available, we do know that New Zealand imports $1,610,000 worth of coffee from Guatemala, $101,920 worth of coffee from El Salvador, and $43,380 worth of coffee from Venezuela. <br />
  7. 7. Resources:<br />http://en.wikipedia.org/wiki/Coffee<br />http://www.ehow.com/about_4570218_coffee-grown.html<br />http://www.suite101.com/content/brazil-s-trade-buddies-a6448<br />
  8. 8. The End . . .<br />