Venezuela: Coffee Annual
The Venezuelan coffee sector is struggling with shortages of fuel, agro-chemicals, and replacement parts. In MY 2020/21, post forecasts continued decreases in production based on input limitations. Post also forecasts sharp decreases in imports of green coffee beans as the Maduro government focuses its limited resources on purchases of staple foods over coffee. Tight supplies of coffee are driving up prices, out of the reach of most consumers. Consumption in the current and forecast years is down sharply. The current situation will likely persist until a shift in the policy environment allows for access to agro-inputs and capital markets.