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The highest in history! Best auction of Yemen coffee in 2024 sets record

Published: 2024-10-17 Author:
Last Updated: 2024/10/17, The Best of Yemen 2024 auction set a new record of US$526.5/LBS (US$1,159/KG), said to be the highest price ever for Yemeni coffee. The highest score at the auction exceeded the high score of 90 points, which was a Yemeni celebrity.

The best auction in Yemen in 2024 (Best of Yemen 2024) set a new record of $526.5 / LBS ($1159 / KG), which is said to be the highest price ever for Yemeni coffee. The highest score at the auction was more than 90, setting a new standard for the Yemeni coffee industry.

According to reports, the $526.5 bid came from a roaster in Saudi Arabia, highlighting the growing involvement of the Middle East in the coffee industry. It is understood that the average price of the auction reached 369 US dollars per kilogram.

What is the Coffee Alliance of Excellence?

The best auction in Yemen is organized by the Coffee Excellence Alliance (ACE), a non-profit tax-free organization dedicated to discovering the world's best coffee beans and inspiring farmers who are trying to grow coffee. The auction activities organized by it are open and transparent, and the funds obtained from the auction can become an incentive mechanism for the healthy development of the industry, bringing higher income and sustainable economic development for more coffee producers.

The Best auction's focus on Climate change

Paying attention to climate change is also a commendable feature of the auction. This year's event demonstrated to the world the resilience and adaptability of local coffee crops in Yemen in the face of environmental changes. The annual rainfall in Yemen is between 244mm and 379mm, well below the global average of 1400 mm for coffee growers. Most climate and coffee experts say that according to the data, it is not suitable to grow coffee in Yemen, but the coffee crops here "can not only survive, but also thrive". This provides a certain exemplary role for coffee cultivation in other parts of the world.

Women's outstanding contribution to Yemeni coffee

In recent years, women's contribution to the coffee industry in Yemen has become increasingly prominent. Of the 36 sites auctioned, 13 were planted by local women. The land, which set a record of $526.5, is also run by a women's agricultural group in Sana'a, Yemen.

This achievement is an immortal milestone for Yemeni women in agriculture and reflects the increasingly important role of women in the field of coffee.

"I feel a very strong sense of joy and have been anxiously waiting for the news of the auction." Katibah, a female farmer from the Hayme Dakhliya community, said she had never sold her coffee outside Yemen before. "the auction feels like a dream," she said. "I never thought my coffee would be recognized by people in other countries."

Honey injects new possibilities into Yemeni coffee

Honey processed coffee appeared at auction for the first time. Honey processing does not need water, the processing process is in line with the local natural environment of Yemen. This initiative increases new possibilities for the development of coffee types. The auction also celebrated this "important change in the Yemeni coffee industry".

"these achievements reflect the hard work and dedication of Yemeni coffee farmers, who are still trying to produce the best coffee despite the challenges." The founder of a coffee brand said after the auction that Yemen had always been one of the pioneers of the coffee industry and that the auction reaffirmed its position on the global stage.

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