Coffee Adds €84.4 Billion in Direct Value Across EU, Report Finds
A new report commissioned by the European Coffee Federation shows coffee generates €84.4 billion in gross value added and supports 1.5 million direct jobs across the EU27.
Coffee contributes €84.4 billion in direct gross value added (GVA) and supports approximately 1.5 million full-time-equivalent jobs across the 27 member states of the European Union, according to a new report commissioned by the European Coffee Federation (ECF). The study, conducted by the consulting firm Steward Redqueen, highlights the economic significance of the coffee sector within the EU, encompassing everything from roasting and retail to cafes and vending machines.
The findings underscore coffee's role as a major economic driver in the region, particularly in countries like Italy, Germany, and France where coffee culture is deeply embedded. For traders and investors, the report provides a snapshot of the industry's resilience and scale, which can influence commodity price expectations and supply chain dynamics. While the report focuses on value added rather than raw commodity prices, the robust direct contribution suggests sustained demand for coffee beans, supporting prices for arabica and robusta varieties. For current pricing context, traders can check NowPrice's commodities page.
Looking ahead, the coffee market will continue to be shaped by factors such as weather conditions in key producing regions, global consumption trends, and EU regulatory developments, including sustainability and deforestation regulations. The ECF report may also serve as a reference point for policy discussions around trade agreements and agricultural support within the bloc. Market participants should monitor upcoming harvest reports from Brazil and Vietnam, as well as any shifts in consumer behavior that could affect the sector's value chain.