Market analyses and reports on the coffee and coffee machine markets
While the vaccines have been rolled out and about a growing majority of people across the globe being vaccinated, it might be safe to say that the pandemic is towards the end, provided no other vaccine-resistant variant comes along. The first half of 2020 was indeed painful to the hospitality sector worldwide, with the latter half showing promising signs of
Although Russia is among the largest coffee importing countries in Europe, the demand for Arabica has been growing steadily mainly due to the development of the Russian coffee industry as well as the reduction of import duties on green coffee imports after Russia joined the World Trade Organization in 2012. Imports of the Robusta variety are significantly higher than Arabica.
Japan is the fifth-largest importer of coffee and coffee products. As per ICO (International Coffee Organization), in the 2020-2021 crop year, it is estimated that Japan imported 6751 bags (in thousand 60-kg bags) of green coffee beans; a 0.1% decline from 2018-19 due to an economic slowdown following the Covid-19 lockdown measures. Japan imported nearly 34% of green beans from
Several months after the onset of the Covid-19 pandemic, numerous economic activities, related to the out-of-home market, have been affected by a reduction in customer numbers and more restrictive regulations in terms of space and opening hours, with a consequent loss of turnover. Following a brief recovery during the summer months, the situation has far from recovered, and analysts predict
Before coronavirus hit, the UK had a thriving coffee shop culture, with around 26,000 coffee shops across the country. But by the end of March 2020, many coffee shops were closed, or only open for takeaway. Up to 92% of coffee shops are estimated to have closed at some point during the lockdown, as it was not viable, or possible,
Director of BSCA, an association of specialty coffee producers, says that Brazilian coffee has complied with coronavirus and sustainability protocols; beyond the record crop, the production has high quality. Even with the coronavirus pandemic hindering business, closing borders, and negatively impacting economies around the world, business involving Brazilian coffee has been showing excellent numbers in recent months. In July, the
Coffee has become a thriving business in the Emirates, especially because the traditional Qahwa drinking habits have transitioned into a more diverse and modern trend. Today consumers are becoming more knowledgeable about coffee. Local and traditional coffee shops are rapidly transforming into modern outlets with a specific emphasis on ambience and customized service offerings, which is driving interest in specialty
Sudden and devastating, the pandemic is highlighting some important changes that could lead to innovations and transformations in the coffee sector. Today, there is already a strong increase in online trading and webinar platforms. Since travel, fairs and meetings between suppliers and customers are not possible, importers and roasters are replacing the physical encounter with online contacts. The system of
How has novel Coronavirus (Covid-19) impacted on Indian coffee industry? All exports to Europe have been temporarily shut.
In an increasing number of countries, the pandemic has led to restrictive containment measures that have involved the closure of industries and commercial activities, restrictions on people’s freedom of movement, rules of social distancing and incentives for remote-working. The main effect in the short-term has been the collapse of away-from-home consumption and an initial increase in purchases through supermarkets and