Ethiopian coffee exports are expected to hit an all-time high
Ethiopia's coffee exports are expected to hit record highs in fiscal year 2014/15 as drought and insect infestation in South America cause coffee production to decline.
The International Coffee Association said in September that global coffee production could not meet market demand this year because of a drought at the beginning of the year that caused Brazil, the world's largest coffee producer, to reduce production. As Africa's largest coffee producer, Ethiopia exported 54,000 tons of coffee worth $231.9 million in the first four months of this fiscal year (July to October). The figures for the same period last year were 51,000 tons and 172.5 million US dollars respectively.
The Ethiopian Coffee Exporters Association said that Ethiopia expects to export 235,000 tons of coffee in the 2014/15 fiscal year, achieving revenue of 862 million US dollars. In fiscal year 2013/14, Ethiopia exported 190,000 tons of coffee (revenue of 841 million US dollars), slightly lower than the export of 193,000 tons in fiscal year 2012/13.
Official figures show that Ethiopia produced 450,000 tonnes of coffee in fiscal year 2013/14 and is expected to produce a similar amount in fiscal year 2014/15.
- Prev
Starbucks' new five-year plan: the number of stores in China will double
Coffee giant NASDAQ:SBUX (Starbucks) recently released a five-year plan to set performance targets for 2019 and put forward seven development strategies. Starbucks CEO Howard Schultz told investors that the company's revenue will reach $30 billion in 2019, double that of fiscal 2014. In addition, Starbucks will have highlights such as product diversification, night experience, digitization and so on. Starbucks China
- Next
Why do so few people drink coffee in Africa?
■ ripe coffee fruit that looks like a red cherry. One thing I am very curious about is that coffee comes from Africa, but in many parts of Africa, especially in small towns and villages, few people drink coffee. But after a trip to Uganda's coffee-rich hometown, this question can basically be answered. There are many coffee farmers in the village of Budadiri in Mombali, a small town near the Kenyan border in Uganda.
Related
- Can you make coffee with 5g of beans? What is the minimum number of grams of coffee beans used for hand-brewed coffee? What brewing plan should I use for less flour?
- Why do Japanese people like to make coffee with flannel? What is the difference between flannel filter cloth and filter paper cup? What are the characteristics of flannel filter cloth for making coffee?
- A coffee shop drives customers out on the spot?! Store: No Chinese people are accepted
- Children suffocated and died after drinking pearl milk tea! Parents: The store did not inform the risk
- Can I put a thermos in a thermos pot to keep my coffee warm? Why does coffee not taste so good after it cools down? What is the most suitable amount of milk for latte?
- How to make coffee cream? Do I have to use instant powder for 400 hand-made coffee? What is the composition of coffee cream in Naples coffee?
- What is an authentic cappuccino? How to make cappuccino golden circles? What is the ratio of coffee to milk in a cappuccino?
- Can espresso beans be used to make hand-brewed coffee? What is the difference between Italian mixed beans and hand-made single beans? What are the characteristics of SOE coffee beans?
- Big battle! Mixue Ice City has opened three stores in the United States?!
- Lucky launches rice milk latte! Netizen: After drinking it, I thought I bought it an ordinary latte