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SA coffee lovers can expect price increase
January 31, 2025
|Farmer's Weekly
South African coffee prices are expected to spike sharply in the foreseeable future because of failed crops in the country’s main importing countries: Brazil and Vietnam.
This was according to Wandile Sihlobo, chief economist of Agbiz, who added that South Africa imported 54% of its coffee from both countries.
“If one looks at South Africa’s coffee imports by volume, we imported, on average, about 23 921t per annum in the past five years. Brazil and Vietnam accounted for 54% of South Africa’s coffee imports. Other suppliers of coffee to South Africa include Uganda (8% of SA’s imports), Tanzania (7%), Colombia (4%), Guatemala (4%), Ethiopia (3%) and Honduras (3%). Trade Map data shows these countries make up 84% of South Africa’s coffee imports,” Sihlobo said in a BusinessTech report.
Speaking to
هذه القصة من طبعة January 31, 2025 من Farmer's Weekly.
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