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
- How does coffee break out of rich layers? Which is better, washed coffee beans or sun-dried coffee beans?
- What are the five ways to drink American coffee? What is the difference between American coffee and Long Black? How to make quicksand ice American style? How to pull flowers in American coffee? Can I take milk in American coffee?
- What's so good about Blue Mountain, which ranks first in the world's top coffee beans? What grade does Blue Mountain Coffee belong to? What are the characteristics and taste of Blue Mountain Coffee?
- How to draw flowers in American coffee? Can American coffee draw flowers? What is the principle of latte flowers? How to kill the milk foam of coffee flower?
- Is it better to use lightly baked beans or deeply baked beans for mocha pot coffee? How to use and make a mocha pot! What should I do if the Mocha pot has a splash problem?
- What does special coffee mean? What beans are the best to make special coffee? Do you make special coffee with espresso or cold extract? Why is specialty coffee the "cocktail" of the coffee industry?
- Coffee shop specialty American production ratio step by step tutorial KFC apple bubble American practice
- What is the difference between the foam of a latte and white cappuccino? How thick should Latte's milk foam be made? What's the difference between a cappuccino and an Australian white latte?
- The right way to drink espresso! How to drink coffee best? Do I have to gulp dirty coffee?
- Take restrictions! Starbucks takes action to crack down on "coffee workers"