The Russian coffee market is still considerably young, and one of the reasons is that Russia is traditionally a tea drinking country. Still, due to the globalization process and coffee culture expansion, Russia is rapidly developing its taste for coffee and nearing European and American standards for coffee consumption. The year 2017 has become indicative in this aspect: coffee consumption has
Tag: Markets & Trade
What Will Be the Future of Hotel and Restaurant Start-Ups?
Start-ups are booming and developing more visionary tools, products and services then ever before. Newcome, which will be staged for the second time as part of the European trade fair Intergastra 2018, will offer start-ups a platform to present their innovations for the hotel and restaurant industry. Covering a special area of more than 1,000 square metres, Newcome will provide
Custom-Made Content For Every Visitor
The meeting point for the hotel and restaurant industries will become even more important. The hall area of more than 115,000 square metres, on which Intergastra is expanding through the construction of the new exhibition hall 10 (Paul Horn Hall), is almost fully booked up with the result that there are already waiting lists in some theme halls. “Intergastra 2018
2018, Coffee Production Is going To Increase
In November 2017, the ICO composite indicator price (averaged 117.26 US cents/lb) continued to decline (down 2.3% from the average price in October). The Arabica group indicators were generally stable in November. For the Robusta group the monthly average decreased by 7.2% to an average of 91.33 US cents/lb. In October exports were 11.4% lower than the same month last
Brexit and La Niña Threaten Britain’s Coffee Prices
The UK is about to face a potential increase in food prices, including coffee and cacao: it is due to the global weather phenomenon called La Niña, that is going to probably cause issues to the food market in the UK in 2018, according to The Guardian. Britain, in fact, is expected to be heavy affected by this weather phenomenon
The World’s Top Coffee Makers: a Kenyan Has Broken a Record
Martin Shabaya, a Kenyan, is the first African to have made it to the semi-finals of the World Barista Championship that took place in Seoul, South Korea from November 9-12 2017. This makes him the first ever from the African continent to have made it to this level. Martin, before taking part in the World Barista Championship, was the winner
An Innovative and Original Flexible Packaging Solutions
The Bag Broker, an innovator in the field of flexible packaging solutions, provides a range of products which include bags for coffee and tea, bags for food, true bio bags and bags for product samples. The company is highly focused on the quality of the bags to guarantee the freshness of the products: the bags are produced with a foil
Africa’s Coffee Consumption Is Getting On The Rise
The coffee culture is been growing steadily in Africa in recent years. In spite of Africa producing about 13% of the global supply of coffee and being the birth place of coffee, coffee drinking has not been felt in the continent when compared to the others. Africa consumes very little of what they produce with most of it exported to
More Than Just Four Options to the Disposable Coffee Cup Problem
An article on BBC News outlined ‘four solutions to the disposable coffee cup problem’. It re-highlights the scale of the disposable coffee cup problem in the UK – 2.5 billion disposable coffee cups thrown away each year, with only a very small percentage being recycled. The article highlights how many businesses have engaged in collection and recycling schemes, but also lists four
Which Trends Offer Opportunities in the European Coffee Market? (Part 3)
The constant price changes are happening due to changeable weather conditions and climate change, since the damage to the Brazilian crop in 2014 resulted in the higher price instability. The increasing global production is resulting in the profit decline, especially affecting growers.
The International Coffee Organization is constantly trying to provide a more stable relationship between supply and demand, but the price wars between supermarkets have been emerging in recent years due to the fact that there is a risk that the premiums paid to smallholders will be crushed by the supermarkets. [Sign in to continue]