Kenya
As consumption continues to rise, the ICO expects another year of supply deficit
With global green bean exports falling 20.23% to 7.94 million bags in February, the ICO sees another year of supply deficit, with a shortfall of 7.3 million bags for CY 2022/23.
Tea at a crossroad
T&CTJ’s annual Global Tea Report, reveals that after more than two years of disruptions severely affecting production, supply chain logistics and out-of-home consumption, tea market operators are taking stock to move forward in 2023.
Coffee prices end 2022 on a stable note
The ICO reported that coffee prices close 2022 securely, coalescing at around 160 US cents/lb.
Despite a 12.3% setback in November, coffee prices stabilised
Although all average prices for all coffee groups fell in November, the I-CIP remained firm posting a median value of 156.83 US cents/lb.
Study reveals Fairtrade-certified organisations fared better through the pandemic
A new report published by Fairtrade International has confirmed that access to better prices, credit, and financial stability significantly increased the resilience of Fairtrade-certified organisations amid the COVID-19 pandemic.
Reviewing Africa’s green coffee trends
Although there have been fluctuations, production in most of Africa’s key coffee-producing countries has remained relatively stable, even during the pandemic.
Africa’s contribution to global tea production escalates
Africa is home to thirteen tea-producing countries and their tea production is an essential part of the global tea economy, and in fact, represents the biggest share of the world’s tea exports.
Consumers favour ‘new’ teas for mind & body
The pandemic and the sanitary restrictions, with less travel and much working out of home have generated increased demand for cups that bring additional benefits and invite new discoveries.
Coffee prices rally in April 2021
The ICO reports that coffee prices improved in April 2021.
Coffee prices rise but fall towards end of March
According to the ICO’s latest report, coffee prices rose slightly – up 0.8% – in March versus February, confirming an upward trend over the last five months, representing the highest monthly average since coffee year 2017-18.
Ditta Artigianale promotes Muthunzuuni from Kenya in third stage of coffee stories around the world
In Ditta Artigianale’s specialty coffee spotlight this month is Muthunzuuni: a variety of excellence from Martin Shabaya, the three-time Kenyan barista champion.
ICO composite indicator increases for the 4th consecutive month
The International Coffee Organisation announced that in February 2021, the ICO composite indicator continued its upward trend.
Nescafé to improve more lives through the power of coffee
Nestlé has pledged to increase its sustainability efforts in relation to the Nescafé brand, with just one of the goals being to make Nescafé coffee 100% responsibly sourced by 2025.
Tea origin responses to Covid-19 outbreak
The Tea Association of the USA has issued an update on origin tea countries’ responses to the Covid-19 pandemic.