Our 2018 review of the impact that the UK coffee industry has on the economy, is the only assesment to analyse all sectors within our industry. For the first time, the BCA and CEBR have provided an examination of the role that coffee plays in the UK economy. A range of statistical data has been produced in demonstrating different aspects of the value brought to the economy through coffee including:
These three types of impacts are considered for four economic indicators – turnover (or gross output), Gross Value Added (GVA) contributions to GDP, employment, and employee compensation.
The analysis of coffee related activities within the national accounting framework and within Cebr’s input-output modelling reveals the following:
In the long-run, the growing coffee culture in the UK, fuelling the current surge in the out-of-home coffee and sales of specialised coffee products in the retail sector, hinges on macroeconomic factors related to jobs and disposable income. If the Brexit transition process or its final settlement places household budgets under pressure, necessitating a more cautious approach to discretionary spending, this trend could slow down.
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