Tag: Korea

Korea: The Coffee Republic

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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]

South Korea: the battle of coffee price

KOREA – Koreans consume more coffee than their staples rice or kimchi, according to the Ministry of Agriculture, Food and Rural Affairs, but the cost of a cup of black coffee differs up to W1,700 (1,29 €) from one chain to another. Coffee franchises (Angel-in-Us, Caffé Bene, Coffee Bean & Tea Leaf,  Ediya,  Holly’s, Starbucks, Tom&Toms)  have mushroomed across the nation

South Korea under the microscope

South Korea

Cafe Show 2015, the 15th international and the largest annual exhibition of South Korea’s coffee industry, registered the presence of about 360 enterprises from 35 countries and about 100,000 visitors, as reported by VietnamNews. It confirmed that South Korea is a potential market for coffee exports, with a total consumption of coffee valued at US$4 billion in 2012, the 11th largest consumer of coffee in