All the most current news and events from KANYA Coffee team.
Happy New Year
KANYA Coffee Export wishes our partners all over the world a happy and prosperous new year. We look forward to serving you better in the new year and forging stronger relationships. In this first newsletter of the year, we hope to share our views on the Ethiopian coffee market pertaining to current prices, quality of fresh crops, liquidity in the financial sector, and international policies that could affect Ethiopia’s coffee exports.
Coffee Price
Read MoreProduction and Export Forecast
Ethiopia projects good coffee harvest during 2023/24 coffee season as there has been favorable weather conditions in most coffee producing areas. Our team on the ground has observed that coffee trees are holding well and good quantities and qualities of coffee are expected during harvest. In fact, we are receiving reports that places such as Mizan Teppi have started harvesting. The initial price they started transacting coffee cherries is at 23 Birr/kg, which is much lower than previous years.
Read MoreChallenges and Outcomes
This year Ethiopia has experienced above average rainfall, mostly in the Southern coffee growing region of the nation. The rainfall that started in the mid of February has continued to fall to this day.
This heavy and non-stop rainfall has caused flooding, road & infrastructure damage, and harm on agricultural products.
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