Coffee Market

vietnam coffee fields

VIETNAM ANNUAL EXPORTS DOWN, BUT REVENUE UP

According to the Institute of Policy and Strategy for Agriculture and Rural Development, Vietnam’s coffee export is expected to increase in the upcoming months, due to growing global demand and free trade agreements. However, the increase in demand amplifies the issue of the shortage of workers due to the pandemic. Coffee exports for Vietnam up …

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coffee from yunnan, china

YUNNAN PROVINCE IS ‘HEAVEN OF ARABICA’ AS CHINESE COFFEE GAINS TRACTION

A city in the Yunnan Province found in the southwest of China, called Pu’er, has prospered into a global golden growing belt for Arabica coffee. It has recently been gaining global acknowledgement and is now broadly known as the “heaven of Arabica”. Pu’er only began planting coffee on a large scale in 1988, even though …

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VIETNAM COFFEE EXPORT TO INDONESIA DELAYED BY RAIN

In 2021, Indonesia will import almost 1 million 60 kg bags of coffee. Despite tea being the most popular beverage in Indonesia, coffee has increased in popularity in recent years. The country’s denizeans will often opt to buy Robusta coffee, which is priced lower than Arabica, and source much of it from Vietnam. However, beans …

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kenya coffee

KENYAN COFFEE. A MIXED BAG AT NAIROBI COFFEE EXCHANGE

A few weeks ago, a number of coffee farmers told reporters that the weather was working in their favour and they expected high profits from a bumper harvest and high exports. Now was the time for it to come together, as the world’s biggest coffee producer, Brazil, struggled under bad weather conditions, pushing up the …

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ETHIOPIA HAS RECORD YEAR FOR EXPORT DESPITE UNCERTAINTY

Ethiopia’s coffee growers are expecting another record year for exports despite the ongoing political crisis in the country. Africa’s biggest coffee producer is also gaining from other events that affect major coffee-growing countries worldwide. The nation exported 250,000 tons, earning a record $910 million, in the marketing year that ended on the 31st of July. …

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COFFEE CALLING ITSELF HAWAIIAN, NOW NEEDS TO CONTAIN HAWAIIAN COFFEE!

Hawaiian county officials requested to impose stricter laws regarding the use of Hawaii location in coffee packaging names. The current policy is cutting profits and damaging brands of local Hawaiian coffee farmers. Last week, a Hawaii County Council resolution was passed unanimously, requiring coffee blends to be made of at least 51% Hawaii-grown coffee to …

COFFEE CALLING ITSELF HAWAIIAN, NOW NEEDS TO CONTAIN HAWAIIAN COFFEE! Read More »

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BRAZIL PRODUCTION OUTLOOK POSITIVE FOR 2022

Events in Brazilian coffee shape the rest of the market. So as the country reported a positive outlook for the 2022/2023 harvest, the news sent the price of coffee futures on ICE tumbling. Futures are not just financial instruments but are contracts used by farmers to lock in the price of their crop in advance. …

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STARBUCKS REPORTS RECORD Q4 NET REVENUE

The world’s biggest coffee chain reported that  Q4 Consolidated Net Revenues were up 31% to a record $8.1 billion Our strong finish to fiscal 2021, including record performance in the fourth quarter, demonstrates the resilience of Starbucks and reinforces the value of the bold strategic moves we have taken over the past two years. Through …

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UGANDA OVERTAKES VIETNAM TO BECOME SECOND BIGGEST SUPPLIER TO ITALY

Uganda is now Italy’s second-largest coffee supplier, behind Brazil, but overtaking Vietnam in August, for the first time. Uganda’s coffee exports have increased to their highest level in three decades thanks to the espresso-loving country. Approximately a third of total shipments – which rose by 21% to 6.5 million 60kg bags in the year to …

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UGANDAN CARICO CAFÉ SHIPS COFFEE TRACEABLE WITH BLOCKCHAIN

Ugandan company, Carico Café Connoisseur, has adopted blockchain technology to trace coffee from farmers to shipments. As there has been growing interest from consumers to be able to trace products they buy, back to the origin, producers are hoping they can attach a premium, which can be used to enhance farmers standard of living. Blockchain …

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