Quaffee is a great lover of the highest quality coffees. This makes Ethiopia one of the most important coffee producing countries for us. Ethiopia being the home of coffee is the largest producer of the purest Arabica typica and market reports today show that their production and profit are up.
We received this notification in the market report “Ethiopia who work on a unique calendar year and a financial year that corresponds to the period from July 8th to July 7th., have reported that coffee exports over their 2010 to 2011 coffee year were 13.95% higher than the previous 2009/2010 financial year, at a total of 3,266,667 bags. Meanwhile with the benefit of the improved international coffee prices over this past coffee year, the countries income from coffee exports for the 2010/2011 financial year was 59.47% higher than the previous financial year at 842 million U.S. dollars.”
This good news we hope will further inspire Ethiopia’s mostly small scale coffee farmers, to maintain and conceivably improve farm husbandry and production levels for the forthcoming new crop and look to continue with these improved export volumes, for their new 2011/2012 financial year.