242 Vanusia Nogueira, executive director of the International Coffee Organisation (ICO), estimated that the world’s coffee consumption will increase by 1% to 2% per year until the end of the decade and that an additional 25 million 60kg bags would be required during that time. According to Ms Nogueira, the existing discrepancy in coffee supply and demand will be eliminated in the next two to three years. According to Mr Do Ha Nam, vice-head of the country’s coffee organization, during the same conference, Vietnam expects its domestic coffee consumption to increase from its present 272,000 tonnes by 5 to 10% in the next years. This includes 154,000 tonnes used for the production of instant coffee. You Might Be Interested In Russia’s Roscosmos Announces Emergency Plans for ISS Crew Dubai Welcomes 1.77 Million International Tourists in January 2024, Marking 21% Surge Devon Energy Announces Retirement of Chief Accounting Officer and Successor Appointment How to Set Financial Goals for Your Retirement Netflix and Spielberg combine for nature doc ‘Life on Our Planet’ How FIFA 2022 ignited a debate over Moroccans identity
