Data Intelligence for the coffee industry
Today it is possible to say that capsule coffee is a part of the lives of millions of people around the world.
Let’s find out more about the global use of coffee capsules, from their appearance on the coffee market to their ultimate explosion.
Global coffee production, in 2018, is estimated at 159.66 million bags, 1.2% greater than last year: Production in Africa is estimated as 2% higher, at 17.66 million bags Asia & Oceania, 10% higher, at 49.49 million bags Mexico & Central America, 7.1% higher at 21.92 million bags Regarding coffee prices, in April 2018, the price of all three Arabica groups
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
According to Ico, the estimate of total production for crop (year 2016/17) has been revised upwards to 157.44 million bags, a 3.4% increase on 2015/16. Arabica production is up by 14.7% to 101.55 million bags, with increases observed for all three Arabica groups: Production of Colombian Milds rose by 2.7% to 15.82 million bags Other Milds by 15.6% to 30.29
During the first eight months of the coffee year 2016/17 (from October to May) total coffee exports have been higher than the previous year (3.9 million bags higher). According to Ico, in May 2017 total coffee exports came to 10.9 million bags, 8.8% higher than in May 2016. Among the top coffee-producing countries, Brazil has seen a decline in exports for two
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 Ethiopia, Arabica coffee beans are now subject to a new tagging scheme. They must be packed into a sacks marked with barcodes that tell to global buyers exactly where the beans are from. Through this tagging scheme farmers can develop more expertise and increase the value of their product before it comes to market. According to Ermias Eshetu, chief executive of the Ethiopia
MILAN – The value of a cup of coffee is the result of a sum of specific costs. According the Italian magazine BarGiornale, basing on the data of FIPE (Italian Federation of Public Restaurants and food outlets), in Italy the price the end consumer pays is seven times higher than the first cost, which is, for the trader, 0,02 euro.
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
The different models (automatic or traditional) and the different cost of living in the countries lead the average price of espresso coffee machines among the European geographical areas. In Southern Europe the price of an espresso traditional coffee machine is around 1,600 euro, while in Central Europe, where fully automatic machines are mostly sold, the price is around 4,400 euro.