Colombia is the world’s top producer of arabica beans, well-known for their high-quality and aromatic properties.
Last year’s national crop yielded 11.3 million 60-kg bags.
The crop’s value should total more than 14 trillion pesos, or about $3.14 billion, German Bahamon, head of the national coffee farmer federation, told reporters at the start of an annual coffee conference.
Last year’s coffee crop brought in $11.1 trillion pesos, while output rose just 2% in 2023, following three consecutive seasons of falling output.
In September, Bahamon forecast 2024 production at 13 million bags.”We’ve seen that there’s a copious flow of coffee beans from our farms,” said Bahamon on Wednesday, stressing that the harvest will not exceed 13.6 million bags.He also dismissed any negative impact from the next U.S. government led by President-elect Donald Trump, despite the leader’s embrace of tariffs and a more protectionist approach.
“We’re not expecting any change right now in export policies to the United States,” Bahamon said.
The U.S. and Canadian markets account for about 45% of Colombia’s foreign coffee shipments.
