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The Development Prospect of Coffee in China Caramel Macchiato Coffee

Published: 2024-09-19 Author: World Gafei
Last Updated: 2024/09/19, In late March 2014, coffee harvesting was drawing to a close in the southern province of Mantenin, Sumatra, which accounts for more than 99% of China's coffee acreage and production. Under the influence of the international market, after more than two years of cold winter, the purchase price of coffee beans soared in 2014, from 13 yuan to 25 yuan per kilogram. Although the surge in prices stimulated market confidence, but in 2.

In late March 2014, the cloud accounts for more than 99% of China's coffee acreage and output.

Sumatra Mantenin

Sumatra Manning (6)

In the southern province, the coffee harvest is coming to an end. Under the influence of the international market, after more than two years of "price winter", the purchase price of coffee beans soared in 2014, from 13 yuan to 25 yuan per kilogram.

Although the surge in prices has boosted market confidence, China's coffee production fell to less than 60, 000 tonnes in the 2013-2014 season, down from 80, 000 tonnes in the previous season. In the absence of large coffee leading enterprises and local brands, the pressure to cut production has made it more urgent for China's coffee industry to "break through" from raw material producing areas.

Survey statistics show that the coffee planting area in Yunnan has grown from more than 300,000 mu in 2008 to more than 1.4 million mu in 2014, and its output has increased from about 30,000 tons to more than 80,000 tons in 2013, accounting for more than 99 percent of China's coffee planting area and output. It is the largest coffee producing area in China.

According to people in the coffee industry, the price trend of coffee in Yunnan in the past 20 years is nearly one every 10 years.

Musk cat coffee

Civet Coffee (6)

One price cycle. In 2010, the price of coffee in Yunnan reached 41 yuan per kilogram, a record high. From 2012 to early 2014, affected by the decline in international coffee futures prices, the price was once as low as 13 yuan per kilogram, and the coffee planting industry entered the "price winter" for two consecutive years.

At the end of January 2014, with the recovery of international coffee futures prices, Yunnan coffee prices also rose rapidly. "this past February, international coffee prices rose the most in 20 years, from 114 cents per pound on January 28 to 180 cents per pound on February 28."

There are probably three reasons for the rapid rise in coffee prices: first, the dry climate in Brazil, the world's largest coffee producer, since the end of last year, which is expected to affect coffee production; second, some coffee producing countries in Central and South America are affected by coffee rust, and coffee production is expected to decrease; third, coffee futures are in the doldrums for a long time, and coffee futures speculators deliberately drive up coffee prices and activate the coffee futures market.

The 2014 coffee harvest is drawing to a close, but the province's coffee output is less than 60,000 tons. Pu'er coffee production has also dropped by at least 30% on the basis of last year. " Despite the surge in purchase prices, the sharp decline in coffee production has cast a shadow over China's coffee industry.

Since 2014, Nestl é, Starbucks and Camille have stepped up efforts to open up raw material producing areas in Yunnan, and Yunnan small-grain coffee has also been sold to Europe, the United States, Japan, South Korea and more than 20 countries and regions, but on the whole, Yunnan coffee industry is still in its infancy, and the "breakthrough" of the industry is not optimistic.

At present, there is a lack of large-scale comprehensive leading enterprises in China's coffee processing industry, and local coffee brands are few, which do not play a leading role in market share and market evaluation at home and abroad. [1]

According to an online survey, 47% of netizens like to drink instant coffee, while 72% value coffee taste the most. Chinese people's habit of drinking coffee probably began after the 1990s, and now many urbanites have become dependent on coffee. Although the annual coffee consumption in China is only 200000 tons, the per capita consumption is increasing at a rate of 30%, which is expected to become the most potential coffee consumption country in the world.

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