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ECTA reported $525m earning during the last four months period
ECTA reported $525m earning during the last four months period
January 15 - 2022 Coffee Geography Magazine

The Ethiopian Coffee & Tea Authority announced a four month earning from coffee export in the amount of $525m. The announcement was stated during the quality assessment session in the city of Adama. The executive director of ECTA, Dr. Adugna Debela said at the conference that a $1.2 billion dollars earning is expected for the fiscal year.

Dr. Adugna Debela
The executive director of ECTA, Dr. Adugna Debela

It is also reported that the market share of the premium highly priced beans are climbed to 70 percent from the total export which benefited most of the coffee farmers so far this year. ECTA has also managed to reduce waste during green coffee processing by applying all the necessary technical approach and cut the market chain to boost income for the farmers.

During the conference, the head of the Ministry of Agriculture, Dr. Melese Mckonen said “it’s necessary to solve the problems and work together to increase the coffee productivity in the country.”

Coffee is the top foreign currency earner for Ethiopia where its beans are highly needed in many consumer nations as the key blending types due to its wide range of flavors. The coffee authority is well known in the international community for its strict quality control to keep the coffee from Ethiopia top valued in the market. It is also now working to increase production level to meet the high demand and secure any shortfall in the global market due to the climate change as it is the factor in many coffee producing regions.