Tag: Markets & Trade

Ukraine between growth and black market

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KIEV – The coffee market in Ukraine has been developing, and its capacity is increasing every year. Coffee consumption grew dramatically between 2000 and 2010 with an average annual rate of consumption of +23%, reaching +28% in 2012 (49.6 thousand tons of coffee and its substitutes), but due to political situation in the following years, the market has faced a reduction of its

Russian Market Dominated by Instant Coffee

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MOSCOW – According to International Coffee Council report, Russia is now the eighth largest coffee consumer worldwide, and one of the largest markets for soluble coffee. In 2014, Russia imported 4.7 million 60kg bags of coffee, of which just over 700,000 were then re-exported to neighbouring countries. The market in Russia is dominated by instant coffee, plus Russia is still

Lavazza Buys Carte Noire and Targets €2bn Sales

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TURIN – The world’s seventh-biggest coffee roaster, Lavazza, has offered to buy French brand Carte Noire, the French leader in the coffee market, for around 800 million euros in a deal that will reach the company a leadership position in France and the second in Europe. In a offer subjected to approval by the European Commission and French authorities, Lavazza has

Starbucks expects to open 2,500 new stores in China

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CHINA – Starbucks expects to open 2,500 new stores over the next five years, as part of an expansion which will eventually see China become the company’s biggest market. Even if Chinese GDP growth falls below 7%  and the market sentiment has turned hostile, the Chinese consumers demanding of high quality products has not changed. According to Financial Review, given coffee is the ultimate

Asian taste for instant coffee to boost robusta demand

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ASIA – World robusta coffee demand is expected to grow in the coming months, driven by rising consumption in emerging economies, and will sharply outpace stagnant demand for arabica, according to JakartaGlobe that reported a Reuters news. Consumers in emerging economies, notably in Asia, are driving demand growth for robusta, used in cheaper instant coffees, while demand for arabica beans, blended