Panamanian Coffee Flavor producing area introduces Fine Coffee Baru Volcano producing area
Panama's geographical advantage lies in the fact that it has many distinctive microclimates suitable for coffee cultivation, and Panama also has many dedicated and professional coffee growers. This means that Panama has a lot of very good coffee, but this coffee is often associated with high prices.
The high coffee prices in Panama are mainly caused by the following factors:
Land Price: For the people of North America, they are very eager to buy a stable and beautiful land at a cheap price. Panama is one such place;
Panama's more farmers export coffee under the name of estates to emphasize their own estates;
Panama's labor laws impose high labor requirements, so the coffee industry has to pay higher wages, which consumers have to pay.
Esmeralda Estate
When discussing coffee prices, we should pay great attention to one plantation in Panama, and even say that no other single plantation has so far had such an impact on coffee cultivation in Central America. This is Esmeralda Estate, owned and run by the Peterson family.
When commodity prices were relatively low, the panama boutique coffee association organized a contest called "best panama": beans from different parts of panama were ranked and auctioned online. Esmeralda Estate has been growing a coffee called Geisha for many years, and this auction makes their coffee known to more people. From 2004 to 2007, they won the competition for four consecutive years, then won it again in 2009, 2010 and 2013. It continued to break records until it was priced at $21/lb in 2004, then rose to $170/lb in 2010. In 2013, a small percentage of sun-treated coffee was sold for $350.25/lb. No one questioned that this was the highest price ever paid for a single estate coffee.
Unlike some other high-priced coffees (such as cat poop and blue mountain), the quality of this estate's coffee is truly at 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 flavours make it tea. These are all derived from the advantages of the "Geisha" variety.
This estate led to the cultivation of Geisha on coffee plantations not only in Panama but throughout Central America. For many coffee farmers, this variety means high prices, and to a large extent, this perception is correct. Because as a plantation of "Geisha", its coffee price can always sell more expensive than other plantations.
traceability
Panamanian coffee is highly traceable. Most Panamanian coffees can be traced to a single estate, and some can even be traced to a field within the estate.
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