Market analyses and reports on the coffee and coffee machine markets
According to reports by Quartz Africa, Uganda consumed only 3% of its total coffee production last year. This is far below what its neighbor, Ethiopia, who produces more coffee than Uganda is consuming. Ethiopia consumes about half its total coffee production yearly. Inspire Africa, a development agency that promotes coffee consumption amongst Ugandans says if Uganda should consume 10% of its
Do you still believe people are walking into your coffee business right away once you’ve opened your doors?The truth is, no one is stumbling over your café, coffee shop or roastery nowadays anymore. The local coffee market got dense, especially in bigger cities with new shops opening every month and more options for your customers and with no need for
According to Daily Coffee News, Cooperative Coffes which imports green coffee is launching a diverse initiative program that will help all the producers linked to its network to grow progressively. The goal is to measure the amount of carbon dioxide emitted during agricultural practices that affect the environment and other projects in coffee producing areas then support the organisation financially through
Robusta prices are rising worldwide foreseeing its decreased yield in major Robusta growing areas like Vietnam and Brazil and so in Vietnam Robusta prices reached their highest in five years in the month of March (2017)– reports economiccalendar.com. On one hand, the changing climatic conditions are forcing coffee farmers to fold their coffee growing business causing prolonged dry conditions, like
According to The Times of India, 3,733 bags of arabica coffee was sold in a auction organized by Brazil’s crop supply agency, Conab, on April 5, 2017. The auction finished government’s coffee stocks for the first time in ten years. According to Conab, those who bought paid a 5% premium on average for at least 15-year old coffee beans that were
The UK was in shock momentarily when Theresa May, the British Conservative Prime Minister, announced a snap general election to take place on June 8th this year. For the last six months she had categorically ruled out another election, but she changed her mind in a dramatic fashion. It could turn out to be a political master stroke, so far
According to Daily Coffee News , the first ever World Coffee Science Summit will be taking place on May 30 to June 2, 2017. The summit which will take place in San Salvador, El Salvador, will focus on science related issues that affect the sustainability of the coffee sector in the long term. It will specifically relate to coffee production and growth.
According to ICO , market weakens further due to high exports and increasing inventory levels. In March 2017, the ICO composite indicator price fell slightly. While Robustas remained broadly stable, Arabica prices were under pressure. The monthly average of the composite indicator was down by 2.6% to 134.07 US cents/lb in March from 137.68 US cents/lb recorded in February. The
‘In Australia, coffee isn’t fuel for work – it’s a way of life’. Milkman (2016).
While coffee may be a global commodity, and coffee shop cultures have emerged across the world, each country tends to have its own flavour of coffee shop culture, each with their own histories, influenced by the movement of people and commodities around the globe. A particularly interesting case is Australia, described as the world’s ‘coffee capital’ by Perfect Daily Grind, which has a well-established coffee shop culture where the independent coffee shop dominates the landscape. It has been argued that Australian coffee culture has now achieved an important status representing “time out” warmth, intimacy and sophistication, with baristas representing cultural icons [Sign in to continue]
In February 2017, Brazilian president Michel Temer suspended the plans of local coffee processors to import Robusta from Vietnam. Brazilian farmers have already been protesting against the idea. President Temer’s decision has temporarily put a stop to the dispute between the growers and processors of the country, reports Bloomberg.com. This attempt by the world’s biggest coffee grower to import green