The ECTA announced the exports of more than 240,000 MT of green coffee.
According to the Ethiopian Coffee and Tea Authority's (ECTA) latest reports, export earnings exceeded 1.3 billion USD from the exports of more than 240,000 MT of green coffee in the ended fiscal year (July 8, 2022 - July 7, 2023). Only 67% of the planned export volume has been achieved, with a revenue of 1.8 billion USD, and 60,000 MT less compared to the same period of the prior fiscal year (July 8,2021-July 7, 2022).
Saudi Arabia imported the largest amount of Ethiopian coffee with 48,413 MT, followed by Germany’s 36,065 MT, and the US ranked third with imports of 21,020 MT of Ethiopian green coffee. The revenue from these top three destinations accounted for more than 548 million USD (42% of the total revenue). South Korea, Belgium, Japan, the UAE, China, Italy, and Sudan took the ranks from 4th to 10th place. In terms of coffee types, Sidama, Lekempti, and Djimmah ranked as the top three export coffees.
The authority attributed the decline in export volumes to a 30% decrement in international prices, which have not matched local prices (farmgate-exporter), discouraging exporters from trading large volumes of the current crop. Export figures for July are also expected to be low, as they persisted earlier in the peak sales period of the current harvest, with stock buildup continuing across farmers, processing stations, and Addis Ababa’s warehouses.
ICWA's annual convention is to take place in the birthplace of coffee.
The International Women’s Coffee Alliance (IWCA) is a nonprofit working to empower women in coffee with 33 international chapters. IWCA announced that it will be celebrating its 20th anniversary in Addis Ababa from October 16–22, 2023, with the theme "20 Years of IWCA: Power of the Past and Force of The Future". The event will be taking place at Skylight Hotel Addis Ababa, packed with panel discussions, coffee cupping in the first three days, and a coffee origin trip and Addis City tour taking place from days 4–7.
"This historic occasion marks the first time the convention will be held in Africa, and it is a testament to the growth and impact of the organization," IWCA Board President Sharon Riechers said in ICWA's latest announcement. "The Women in Coffee Ethiopia (WiCE) and IWCA’s Ethiopia Chapter president, Sara Yirga on her part, said, "It will be a tribute to the generation of mothers that carried our coffee culture and traditions and a celebration of the progress women have made in the coffee industry over the past 20 years.
Source:https://wicethiopia.org/events/
