Coffee |
Ethiopia earned 866 million USD exporting 221,000 tons of coffee during its last fiscal year .
According to
Ethiopian Coffee & Tea Development and Marketing Authority, it has
accomplished 92 per cent of its set goal to increase coffee exports. "
It is a very great achievement compared to nation's previous years'
coffee export performance ."
Comparing to the
coffee export volumes of 2015/16, there had been 11.5 Per cent growth in
the coffee exports during the just concluded fiscal year 2016-17. Plus
,the foreign earning from coffee has raised by 20 percent due to the
global coffee price hikes .
In a recent
exclusive interview with The Ethiopian Herald, Market Development and
Promotion Directorate Director Dassa Daniso said: " Ethiopian Coffee has
been imported to over 60 countries.
But, this year, 57 countries have
imported our coffee, particularly, 86 per cent ofthe total coffee
exports destined for Germany, Saudi Arabia, Japan, USA, Belgium, Sudan,
South Korea, among others."
According to him, Germany alone had imported 18 per cent of our coffee during the reported period.
He further said Sidama, yirgacheffe and Harar Coffee Beans have been recognized as internationally branded Ethiopian coffees.
"The government has been also working harder to get branding for other types of coffee beans in the country. "
So far, the country
has not become competent enough to export value added coffee as the
former coffee quality control and marketing proclamation did not allow
exporting of roasted coffee, he noted.
But, the director
said the new improved coffee quality control and marketing proclamation
has been recently endorsed so as the country will soon begin exporting
roasted coffee.
The government has
given due emphasis in attracting coffee investors via providing various
incentives like making available land with low price, facilitating bank
loans with low interest, offering 10 years tax holidays, allowing tax
free machineries imports, among others, he said.
However, prolonged
marketing chain process, illegal coffee trading among other are still
bottlenecks facing coffee export market, he added.
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