Coffee beans are one of the most important commodities in the world, and coffee trade plays a significant role in the global economy for several reasons:
Demand: Coffee is one of the most widely consumed beverages globally, with an estimated 2.25 billion cups consumed every day. As a result, there is a high demand for coffee beans, which drives the coffee trade.
Employment: The coffee industry provides employment opportunities for millions of people worldwide.
Cultural significance: Coffee is deeply rooted in the cultures of many countries, and the coffee trade plays an important role in preserving and promoting these cultural traditions.
Overall, the coffee trade is crucial to the global economy, providing employment opportunities, generating revenue, and supplying a highly demanded product to consumers worldwide.