Coffee Industry
Coffee Industry
Industry Introduction
From the discovery of small, brightly colored red berries on trees in Ethiopia came the largest imported commodity in the world, second only to oil. The coffee bean provides a livelihood for over 20 million people worldwide with an estimated worldwide retail sales expected to grow by a compounded rate of 6.9% from 2005-2010, reaching $48.2 billion by 2010, according to The U.S. Market for Coffee and Ready-to-Drink Coffee. [1]
The two main species of coffee beans are Arabica and Robusta. Arabica is a high-quality coffee typically grown at higher elevations where the optimal climatic conditions necessary to grow this specialty grade of coffee are found. Arabica coffee is traded in two ways:
• On the highly volatile New York "C" market where the "C" price is affected by the global supply as it rises and falls. The average "C" price for a pound of coffee during fiscal 2005 was $1.04.
• Higher-quality Arabica beans are used in specialty......
View the rest of this paper...
Approximate Word Count: 4806
Approximate Pages: 20 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Overview Of The Coffee Industry Uk
Overview of the Coffee industry UK. Contents 1 Market Overview -
Value/Sales/Volume/Growth in recent years 2 Market Forecasts 3 Macro ... -
Denmark'S Coffee Industry
Denmark's Coffee Industry. Strengths ... In the coffee industry, beverage innovation
is a determining factor of the Company’s success. The ... -
Crisis In The Kenya Coffee Industry
CRISIS IN THE KENYA COFFEE INDUSTRY. CRISIS IN THE KENYA COFFEE INDUSTRY
INTRODUCTION For many years, Kenya has been famous for its coffee. ... -
Coffee Industry
Coffee Industry. Coffee Industry ... 1997. [1] Fair Trade coffee is beginning
to affect the economics of the coffee industry. Coffee ... -
Starbucks
Starbucks. Market size, growth rate and overall profitability are three economic
indicators that can be used to evaluate the coffee industry. ...
Frat Files
Members
Information
© 2009 FratFiles.com.