Opening Asia for Russia

China is ready to pay for the right to drink quality coffee

23.09.2020 47 просмотров

The Chinese consumer loves coffee, which, given the scale of commercial demand in China, has caused a sharp increase in coffee plantation areas in exporting countries.

For 4 years - from 2014 to 2019 - the market for bulk purchases of coffee beans in China has grown by approximately one third. 


Curiously, this trend has continued this year as well. So, in the first 8 months of 2020, imports increased by 14% compared to the same period last year.


Zhu Liwen, Coffee Purchasing Manager, Shanghai Vedan Foods:

"On average, shipments from overseas reach Shanghai from the point of shipment in 1 month. It takes about a week to clear customs. After that, the cargo of grains enters our granary, where constant temperature and humidity are maintained."


Chen Xiaoyu, manager:

"Firstly, the total production of coffee beans is now decreasing. In addition, there are also problems with delivery to local level, and the exchange rate keeps fluctuating."


Due to the COVID-19 epidemic, coffee bean prices have increased even more. The increase in purchase rates is observed both for products from Latin America and Ethiopia.


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