Data Intelligence for the coffee industry
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
Germany is the largest market in Europe for professional coffee machines. The demand for machines continues to increase thanks to new investments and the opening of new activities (e.g. coffee shops, bakeries serving coffee and coffee corners). In 2016, sales grew by 3.8% and are expected to increase by 4% on average in the next three years. [Sign in to continue]
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Everyone, I suppose, knows the song “Gangnam style” the K-pop single by the South Korean rapper Psy that on December 2012 became the first YouTube video to reach one billion views. Well, this song satirized “a classy girl who know how to enjoy the freedom of a cup of coffee”. In these words, all what is going on in South Korea: Coffee has become a powerful indicator of class status symbol. Moreover, coffee is the number one beverage in the country (53% of the total drink market) and has even surpassed the demand for “kimchi”, South Korea’s national dish (according to a study by the International Business Times).
On average, the study showed, South Koreans drink coffee 12.2 times per week; they eat “kimchi”, a mix of fermented vegetables that has been a part of the Korean diet since the 1500s, 11.9 times per week and white rice only 6.9 times per week. To drink a fresh bean coffee is not always cheap. In Seoul, a “cup of Joe (COJ)” is more expensive than in the U.S. (about $3.80 against $2.25 on average).[Sign in to continue]
Hawaii is not only part of a fabulous archipelago in the Pacific, rich in flowers and sea life, but also rich in soil able to grow the coffee plants that produce one of the most expensive coffees in the world. The most famous Hawaiian coffee is “Kona”, cultivated on the slopes of Hualalai and Mauna Loa, in the North and South Kona Districts
According to a recent CoffeeBI analysis on the coffee market in Germany, three companies are ranked at the top for coffee sales in the HoReCa segment: Tchibo (the leader) followed by Alois Dallmayr and JJ Darboven. These three companies together hold 40% of shares in the HoReCa. In Germany currently there are about 130 coffee roasters operating, these being located particularly in North
Only two countries, Italy and Germany, account for two thirds of total production. Half of the main production sites are located in Italy, while other numerous sites are located in Switzerland and Spain [Sign in to continue]
When it comes to espresso machine manufacturing, the industry hasn’t strayed far from its original European roots. The continent continues to house the largest number of manufacturers of professional espresso coffee machines worldwide – by a long shot. Europe is not only the largest manufacturer of espresso machines, but has also found itself as the meeting point of two different
One of the main thoughts of a coffee machine manufacturer is the way to find a good distributor. The type of machine supplied and the minimum quantity of coffee requested depends on different factors, according to coffee roasters interviewed. This includes the size of the coffee shop and how much coffee it sells. The potential economic return of a customer
Espresso coffee machines arrive to the Horeca market mainly through the intermediaries that assess the requests of their customers (bar, restaurants, cafés etc.), against the costs and economic returns of the machines. These intermediaries enter agreements with manufacturers and select one or more brands of coffee machines to present to their customers. In terms of purchasing agreements, these can vary