This report takes stock of the latest developments in the world coffee industry, specifically, the African coffee sector, with a particular emphasis on coffee Year 2013/2014. The analysis takes into account market fundamentals such as supply and demand as well as the price situation. The development of the coffee industry is highly dependent on the global economy environment. According to a UN report on the situation and prospects, the global economy will experience 3% growth in 2014 and 3.3% in 2015 against an estimated growth of 2.1% for 2013. The long recession has ended in the Euro area, which is the world traditional coffee market with the United States, but the prospects for growth remain fragile. In 2014, we expect an increase of 1.5% of the GDP in Western Europe. The growth of the United States has somewhat consolidated the gross domestic product (GDP) of the United States which is expected to increase by 2.5% in 2014.
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