Tea, Coffee, and Cocoa uri icon

abstract

  • Tea, coffee, and cocoa are cultivated for their young leaves,cherries, and beans, respectively, from which popular beveragesare made and consumed worldwide. In addition tobeing used as beverage, cocoa is essentially consumed aschocolate confectionery products. The stimulant propertiesand medicinal values of these beverages are recognized sincethe ancient times. These crops are among the most importantagricultural commodities worldwide. Tea is the most popularbeverage, and it is consumed by 65% of the worldâ??s population,while coffee ranks second with about 2 billion cupsconsumed daily. Nearly 4 kg cocoa bean equivalent isconsumed per capita annually in developed countries. In2012, the production of processed tea, green coffee, andcocoa beans was 4.8, 8.8, and 5.0 million MT, respectively.This production occurs largely in the developing world(with the exception of tea in China), while the consumptionhappens mainly in the developed economies. For each ofthese commodities, more than 50% of the production is inonly three countries, but unlike other products such as crudeoil the market price is regulated by consumption countries.The economy of many growing countries depends heavilyon the earnings from these crops which support directly orindirectly millions of people in both producing andconsuming countries

publication date

  • 2017
  • 2017