Honduras Coffee Crisis - Production Plummets by 24% in 2023/24

Honduras Coffee Crisis - Production Plummets by 24% in 2023/24

Honduras is facing a significant drop in coffee production, with estimates for the 2023/24 market year down by 24% to 5.5 million 60-kilo bags. The decline is largely due to a surge in coffee rust and a persistent labor shortage. Additionally, a slight decline in international coffee prices, driven by Brazil's production recovery, has compounded the issue. The USDA's latest report highlights these challenges, along with the impact of economic factors and weather conditions. Despite this, domestic coffee consumption is on the rise, driven by young consumers and the popularity of coffee bars. The specialty coffee market remains a bright spot, with a notable increase in the export value of certified coffees.

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