Market analyses and reports on the coffee and coffee machine markets
The data for the sector was released in Milan for the presentation of the twentieth edition of Venditalia, the most important European event for the sector, scheduled at Fieramilanocity from 6 to 9 June. The event, organized every two years by Venditalia Servizi and promoted by CONFIDA, the Italian Automatic Distribution Association, will be attended by 247 exhibitors from 20
Have you ever thought about running a coffee company in Finland? Finns were named the top coffee consumer in the world in 2017 by the International Coffee Organization. Finland is known to consume a lot of coffee, at least 12kg per person every year (10 cups/day more or less), as reported by The Independent. A group of entrepreneurs is working to turn
Americans can’t live without coffee; and it seems that coffee consumption has reached its highest level since the 2012. As reported by Reuters, coffee is taking up a wider space in Americans everyday life and coffee and tea seem to be the most consumed beverages in the USA. Just take a look at these percentages from the National Coffee Association
The sharing economy is growing rapidly and opening up new possibilities. People no longer need to own a vacation home, car or power drill. They can instead rent the item they need, when they need it, through the Internet. People are also turning to the sharing economy to find new sources of income, working as independent contractors offering city tours
Total production in the year 2017, according to an Ico report, has an estimated 158.93 million bags, with an increase of 0.8%, compared to last year. In this total, the share of Arabica is at 62.2% compared to 64.8% in 2016, with a drop of 3.3%. Robustas’ share is up from 35.2% in 2016 to 37.8% in 2017, with an
China is best known as a tea-drinking country, but, in the last few years, it has become one of the largest coffee consumers in the world, when speaking of the emerging countries. In particular, coffee consumption has grown among young Chinese professionals. According to coffee market analyses reported by www.chinabgao, the growth rate of coffee consumption in China is around
In Italy there are more than 800 thousand vending machines, with about three million dispensed coffees per year (+1,67% compared to the year 2015). According to Repubblica, coffee has reached 55,5% of the total number of vending machine-selected products. According to Confida, Italy is increasing the production and export of vending machines and it is becoming one of the most
Price fluctuations of coffee raw material in the markets is subject to several factors, and obviously this variability is one of the principal causes of earnings or losses of growers, distributors and roasters. So, how to forecast coffee prices? The answer is too complex to be completed in only a few lines, however it is possible to characterize some elements
The Russian coffee market is still considerably young, and one of the reasons is that Russia is traditionally a tea drinking country. Still, due to the globalization process and coffee culture expansion, Russia is rapidly developing its taste for coffee and nearing European and American standards for coffee consumption. The year 2017 has become indicative in this aspect: coffee consumption has
In November 2017, the ICO composite indicator price (averaged 117.26 US cents/lb) continued to decline (down 2.3% from the average price in October). The Arabica group indicators were generally stable in November. For the Robusta group the monthly average decreased by 7.2% to an average of 91.33 US cents/lb. In October exports were 11.4% lower than the same month last