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In marketing year (MY) 2023/24, Colombian coffee production is forecast to increase by 3 percent to 11.6 million bags of green bean equivalent (GBE) coffee driven by improving weather conditions, which have hurt production over the past two years.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
Colombia is a major cocoa producer, ranking tenth globally in total output. In 2021, Colombia produced 65,174 MT of cocoa with a planted area of 194,428 hectares. Colombia has 2.8 million hectares of land suitable for cocoa growth and is a major producer of fine or flavor cocoa.
In marketing year (MY) 2022/23, Colombia's coffee production is forecast to remain unchanged at 13 million bags of green bean equivalent (GBE). Although weather conditions are expected to be normal, crop productivity has the potential to be negatively impacted as a result of lower fertilizer use due to rising prices.