Ethiopia Aims to Boost Coffee Exports by 33% Amid Falling Prices

Ethiopia Aims to Boost Coffee Exports by 33% Amid Falling Prices

Ethiopia plans to increase coffee exports by a third to counter revenue losses from lower coffee prices. Coffee exports hit a record high last year, yet earnings dropped due to falling international prices. Ethiopia’s goal is to expand exports to markets like China and South Korea. With four million smallholder farmers affected, the stakes are high. The coffee industry plays a crucial role in the livelihoods of 15 million people in Ethiopia. However, global market conditions and low prices are creating challenges. The Ethiopian Coffee Exporters Association remains optimistic, despite fears that prolonged low prices could discourage production.

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