Introduction of Panamanian coffee beans with citrus, floral aromas and bright taste
Panama's geographical advantage is that it has many distinctive microclimate areas suitable for coffee cultivation, and Panama also has many persistent and professional coffee growers. This means there will be a lot of very good coffee in Panama, but these coffees are often associated with high prices.
The high price of coffee in Panama is mainly caused by the following factors:
Land price: for the people of North America, they very much want to buy a stable and beautiful land at a low price. Panama is such a place;
More farmers in Panama grow coffee for export in the name of manors to emphasize their own manors;
Panamanian labor law has higher requirements for labor employment, so the coffee industry has to pay higher wages, which has to be paid by consumers.
Esmeralda Manor
When it comes to coffee prices, we should pay great attention to a manor in Panama, and it can even be said that so far, no other single estate has had such an impact on coffee farming in Central America. This is Esmeralda Manor, which belongs to and is run by the Peterson family.
When the commodity price of coffee was relatively low, the Panamanian Fine Coffee Association organized a competition called "Best Panama": coffee beans from different parts of Panama were ranked and auctioned online. Esmeralda Manor has been growing a kind of coffee called "Geisha" for many years, and the auction has made their coffee known to more people. Then they won the first place in the competition for four consecutive years from 2004 to 2007, and then won the competition again in 2009 and 2013. It kept breaking records until it was priced at $21/lb in 2004 and then rose to $170/lb in 2010. In 2013, a small portion of the sun-treated coffee was sold for $350.25/lb. There is no doubt that this is the highest price ever sold for a single manor coffee.
Unlike some other high-priced coffee (such as cat shit, Blue Mountain), the coffee quality of this estate is really up to its price level, although high demand and market factors also play a role. This record-breaking coffee tastes unusual: bright and strong floral and citrus flavors, full of tea. All these come from the advantage of "Geisha".
This estate has led to the cultivation of "Geisha" in many coffee plantations not only in Panama but also throughout Central America. For many coffee farmers, this variety means a high price, and to a large extent, this perception is correct. Because as a manor growing "Geisha", the price of its coffee is always higher than that of other estates.
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