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
Tag: Markets & Trade
Russian Market Dominated by Instant Coffee
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
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
Italy lost in coffee business
MILAN – When you say “espresso” you mean Italy, but how much has Italy been losing in terms of business over the recent years? On February 26th Mr Schultz announced a deal with Percassi, a retail developer, to open the Starbucks’ first location in Milan. The American firm was the first to get the café culture global as well as Nestlé,
Dubai to climb the world coffee market
DUBAI – In Dubai coffee is more than just a beverage. It’s a pastime in its own right, an activity, as well as a successful business venture. According to the results of Zagat’s recent 2015 Coffee Survey, 82 per cent of people consume coffee every day. While the emirate is one of the fastest-growing markets for the beverage in the world,
The UK loves coffee, some figures and infographics
Although the UK has always been a tea loving country, lately coffee has been gaining on popularity, mostly thanks to influence from the US. Coffee arrived in the United Kingdom in 17th century and the first café was opened in Oxford in 1650. Early coffee houses in Britain were called ‘penny universities’ because with only one penny, a person could buy a
Starbucks expects to open 2,500 new stores in China
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
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
Coffee demand: China to reach 200,000 tons in 2020?
CHINA – The number of Western-style cafés on the main streets of Chengdu in central China is increasing on a seemingly daily basis, just as it is in major cities across the country, where both foreign and local coffee shops are fiercely competing in the race to open new outlets, Nikkei Asian Reviews reported. The effect of changing tastes by Chinese people means that
Is a coffee crisis coming soon? Leave your opinion
According to The Telegraph, a coffee crisis could hit the UK within 3 to 5 years because of the spread of artisan and chain coffee shops across the UK, an higher consumption and a finer tastes of coffee that have created a structural imbalance between supply and demand. The UK consumers have been drinking high quality coffee, basically arabica, that