Ethiopian coffee exports surge due to recent reforms

Published 2024년 12월 23일

Tridge summary

The Ethiopian Coffee and Tea Authority has announced a notable increase in the country's coffee exports, with a significant surge in both volume and revenue. This growth is largely due to the implementation of sector reforms aimed at enhancing coffee production and productivity. In 2021, Ethiopia exported 298,000 tons of coffee, generating 1.43 billion USD in revenue. The country aims to further increase its exports to 400,000 tons in the current year, with an expected earnings of over 2 billion USD. The government's focus on the coffee industry, ongoing reforms, and the Green Legacy Initiative have been pivotal in achieving these results. The initiative has promoted large-scale coffee planting, rejuvenation of old plantations, and boosted production and income. Additionally, the initiative has streamlined the coffee supply chain, allowing for more direct communication and trade between suppliers and exporters, ensuring timely delivery of quality coffee. Furthermore, 40 farmers have been recognized for their special flavor coffee in a recent competition, showcasing the industry's progress and dedication to quality.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Addis Ababa — The Ethiopian Coffee and Tea Authority has disclosed a significant surge in Ethiopian coffee exports in both volume and income, attributed to ongoing reforms aimed at boosting coffee production and productivity. Shafi Umar, Deputy Director General and Head of Marketing at the Authority, told ENA that coffee exports have expanded rapidly since 2021, driven by sector reforms. He noted that while Ethiopian coffee exports historically saw a modest increase of 75,000 tons over 20 years, recent years have witnessed a much quicker rise. Last year, Ethiopia exported 298,000 tons of coffee, generating 1.43 billion USD in revenue and this year, the country plans to increase exports to 400,000 tons, aiming to earn over 2 billion USD. By the mid-point of the fiscal year, Ethiopia is on track to generate 1 billion USD from the export of more than 200,000 tons of coffee. "Providing high-quality coffee on time increases demand, which in turn boosts both export volume and income," ...
Source: All Africa

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