Did you know that coffee is the most consumed beverage in all parts of the world? Do you want to know how small New Zealand producers invest? Read this article!
Coffee is one of the most traded beverage in the world and one of the most popular and consumed product in the world along with tea and water. This drink, obtained by roasting and grinding the grains of the fruit of the coffee tree or coffee plant, is quite stimulating due to its caffeine content, a psychoactive substance. This product is one of the most social non-alcoholic beverages in the world.
Also, around 7.7 million tons of golden coffee is produced globally per year on an area of 10.5 million hectares in more than 50 countries. But saying that, coffee is a very easy bean to harvest. In New Zealand, for example, coffee production has become a small, family business that has started to grow after the pandemic. Although most of New Zealand is too cold to grow the most popular grain of coffee, the Coffea arabica grain, this type of plant is not frost-hardy, but the Ethiopian native is ideal for growing indoors.
During 2020 to 2022, the growth of local production, that is, from small producers outside Auckland, Wellington, have increased the country’s economy by 12%. This percentage, although small, is important in creating future economic pathways for New Zealand. To do this, producers and investors have begun to collect reports and analyses on how to grow these small New Zealand coffee producers. To do this, they use Commodities-API.
What Is An API?
First of all, you need to understand what an API is. An API is a user interface that collects data from a place and sends it back to the person who made the API call. This is a standard feature on many websites and comes in handy when you need to get current information quickly. After starting an API request, you can get data in a matter of seconds (or, more correctly, making an API call). This response can be delivered in a variety of computer languages, including JSON, PHP, and Python, depending on the API.
How Does Commodities-API Work?
Content from the Commodities-API it´s sent to you in whatever currency you choose, with a precision of 2 decimal points, and from a wide variety of over 170 options. You may also get data updates every 60 seconds and make 100.000 API queries every month. Gather the information, it´s very easy!
- First log in to the website
- Obtain an API key
- Select the desired currency (NZD) and commodity (COFFEE)
It Is Safe?
Commodities-API secures your connection with bank-grade 256-bit SSL confidentiality. Commodities-API is used by thousands of engineers, family enterprises, and large companies on a daily basis. Because of its reliable data sources and have years of expertise. This API is the most popular site for commodity rates.
Visit their website for additional details.