Ethiopian Coffee and Tea Authority announced that Ethiopia earned USD 787 million from coffee export during the past 8 months. According to the Authority, Ethiopia achieved a better performance in coffee export when compared to the same period in the last fiscal year even though the Ukraine-Russia war affected the European coffee market which was the top destination for Ethiopian coffee.
In August 2023, Ethiopia's coffee industry achieved a significant milestone as it garnered USD 140 million in revenue from exporting 27,000 tons of coffee. This marks an impressive 18% increase in coffee volume compared to the same period last year.
Over the past six months, Ethiopia's coffee sector generated more than USD 571.4 million in international trade revenue, according to the Ethiopian Coffee and Tea Authority.
Coffee quality inspection and certification centers are expected to be opened in Jimma and Hawassa on April 6 and 11, respectively. According to the Ethiopian Tea and Coffee Authority (ETCA), coffee will be exported directly from the centers.
Ethiopian Beverage Manufacturing Industries Association stated that colored water bottles would be out of market very soon. According to the association’s General Manger, Ashenafi Merid, a decision was taken in July this year to replace colored water bottles with colorless water bottles after a study conducted by the Food, Beverage and Pharmaceutical Industry Development Institute concluded that masterbatch (MB), a water bottle colorant widely used in Ethiopia, negatively affected the environment.
