Ethiopian coffee sales increase by 58% over last year

The price of Ethiopian coffee has increased by 58 percent compared to the previous year.

Last year, the price of Ethiopian coffee was $ 3.3 per kilogram, while in October this year it rose to $ 5.3. Retail sales are up $ 2 billion compared to the same period last year.

According to a study by the Wi-Chart Financial Software and Investment Research Institute, Ethiopian coffee (Coffee Arabica) reached $ 5.3 per kilogram last October.

According to the study, in 2012, the selling price of a kilo of Ethiopian coffee was $ 2.8 billion, an increase of $ 2.5 in two years.