Two announcements made in the past week carry significant interest for us here at Royal Coffee: the Ethiopian Coffee Exporter’s Association annual report, and the Good Food Awards Finalist list.

According to ECEA’s official figures, Royal paid the highest average FOB price for Ethiopian coffee from the 2015/16 season of any company, anywhere in the world. This comes while also being amongst the largest buyers by pure volume. Our neighbors on this list are some of the world’s biggest coffee companies, and we promise we are the only ones on here not buying a single bag of Djimmah 5, or any other commercial grades for that matter.

NoBuyer NameTonsUSD,000Price USD/TonVolume shareValue share
       
1Royal Coffee, Inc.3,812.1026299.936899.066133.20%5.85%
2Falcon Coffees Limited2,386.0215096.386327.013192.00%3.36%
3Trabocca B.V.2,811.2417327.716163.72492.36%3.85%
4Schluter S.A.2,125.8012905.176070.735721.78%2.87%
5IllyCaffè S.p.A.2,553.6014826.245806.015042.14%3.30%
6InterAmerican Coffee Inc.1,899.0010972.885,778.241.59%2.44%
7Walter Maftter Sa3,385.6515236.254,500.242.84%3.39%
8Efico GMBH Tornescher Weg3,655.5015711.44,298.023.07%3.50%
9Volcafe Limited20,418.2679012.613,869.7017.14%17.58%
10Equatorial Traders Limited8,910.0633151.543,720.697.48%7.37%
11Al Kaher Trading Office Co. Ltd8,586.0030831.583,590.917.21%6.86%
12Hamburg Coffee Company5,680.2020118.213,541.814.77%4.48%
13Bernhard Rothfos Gmbh1046436198.783,459.368.78%8.05%
14Ecom Agroindustrial Corp. Ltd Av4,076.4012772.793,133.353.42%2.84%
15Mitsui & Co. Ltd10471.832068.223,062.348.79%7.13%
16Marubeni3,837.0011579.443017.836853.22%2.58%
17Salem Bin Mahfood Trading Est4,109.4012254.372,982.033.45%2.73%
18Koninklijke Douwe Egberts4,358.4011919.742,734.893.66%2.65%
19Al Mustaneer Trading Est8,820.0024063.642,728.307.40%5.35%
20Socadec S.A Route6,797.6017166.992,525.455.70%3.82%
       
 Total of top 20119158.03449513.873,772.42100.00%100.00%
 Total export198,621.75722,425.763,637.1959.99%62.22%

Ranked based on the price per ton of coffee purchased. Source: Ethiopian Coffee Exporter’s Association Annual Report

It is deeply satisfying for us be known as the premier importer from the world’s premier origin. Given the recent Good Food Awards announcement, it is clear that the prices we pay and the investments we make are paying off. For anyone familiar with this competition, you know it is almost always dominated by the Birthplace of Coffee. Try as they might to widen the field, this year’s judging panel once again awarded 18 of the top 25 slots to roasters using Ethiopian Coffees.

Of those 18, fully half were sourced by Royal Coffee.


Congratulations to this year’s Good Food Award Finalists & Winners
Winners in Gold
good_food_awards_logo_cmyk_400px-300x300

RoasterCoffee OriginCoffee NameRoaster State
Anchorhead CoffeeGuatHueheutenango – CodechWA
Bard CoffeeEthiopiaHambela EstateME
BeanFruit Coffee CompanyEthiopiaAdame Gorbota CooperativeMS
Bird Rock Coffee RoastersPanamaHaciena La Esmeralda Noria LotCA
Case Coffee RoastersEthiopiaHunkuteOR
Craft & Mason Roasting Co.EthiopiaHunkuteMI
Crimson Cup Coffee & TeaEthiopiaKossa KebenaOH
Equator Coffee & TeasPanamaEmeralda Mario – CamavalCA
Giv CoffeePanamaBoquete – Kotowa Geisha NaturalCT
Higher Grounds Trading CoEthiopiaYirgacheffe IdidoMI
Intelligentsia CoffeeEthiopiaKurimi – Angelino ProfileCA
Intelligentsia CoffeeEthiopiaKurimi – Chicago ProfileIL
Kickapoo Coffee RoastersEthiopiaOrganic Yirgacheffe Charbanta Natural ProcessWI
Klatch CoffeeEthiopiaFTO GedebCA
La Colombe Coffee RoastersPanamaHacienda La Esmeralda GesihaPA
Lineage RoastingKenyaKagumoini (Kamacharia Coop)FL
Lineage RoastingEthiopiaBokassoFL
Mr. EspressoEthiopiaFTO Worka NaturalCA
Noble Coffee RoastingEthiopiaAdisu KidaneOR
Noble Coffee RoastingEthiopiaShilchoOR
Novel Coffee RoastersEthiopiaBokassoTX
Olympia Coffee Roasting Co.EthiopiaKongaWA
Onyx Coffee LabEthiopiaHambela BukuAR
OQ Coffee Co.EthiopiaKanyon Mountain FarmNJ
Red Rooster Coffee RoasterEthiopiaWashed HambelaVA
Speckled Ax Wood Roasted CoffeeEthiopiaBekele DukaleME
Spyhouse Coffee Roasting Co.EthiopiaKyon MountainMN

This is an accomplishment of which we are incredibly proud. Exceptional green coffees deserve to be roasted with the precision and skill that these companies have displayed, and we are thrilled to have played a role in bringing these coffees to market. Royal has a commitment to our suppliers to pay the best possible prices, and to our customers to deliver outstanding quality, and we are managing to excel at both.

Written by Max Nicholas-Fulmer

Trader, CEO


Latest Articles by Max Nicholas-Fulmer

2 Comments

2 Comments

  1. Gerry Nicholls

    Terrific but is this sustainable in a kleptocracy where journalists are silenced by jail and murder and farmers are imprisoned and murdered by government troops? Many hundreds in recent months according to Amnesty Inernational. A statement to this affect should be rammed down the government’s throat at every opportunity. Of course the ECX (commodity exchange dictatorship which makes it illegal for families to grow and drink the coffee out of their own gardens) is hand in hand with the hyenas in government. The idea that coffee now has a barcode to identify source is laughable. It’s like saying French wine is sourced by putting ‘France’ on the label. The coffee beans are all mixed up and then you can always bribe officials for further clarity. beautiful country being destroyed by the government and ECX.

  2. Max Nicholas-Fulmer

    Hi Gerry, and thank you for your considered comments, and for reading our blog. You raise several issues that deserve attention. Ethiopia is indeed a country with serious problems. The concentration of wealth and power in the hands of a few elite, at the expense of ordinary people and various ethnic minorities is a problem not limited to Ethiopia. The recent crackdowns on the press and the heavy-handed response to ethnic protests are extremely worrying. Indeed, it is a dark time for those who value freedom of expression the world over. It has been argued elsewhere that perhaps the global coffee industry ought to boycott Ethiopian coffee, to send a message to the ruling class of that country that these violations of civil liberty will not be tolerated. From my perspective, this would only serve to further punish those who have already suffered the most: the peasant class, the farmers, the coffee producers themselves. Royal Coffee abhors the use of violence and intimidation, but I do not think that a boycott is the correct solution. Regarding the ECX, I would argue strongly that while hardly a perfect system, it has in fact accomplished two incredible things: 1. A higher average cherry price in the field, meaning farmers are receiving more for their crop than under prior regimes. 2. Price transparency. The placement of real-time price boards in cities like Dilla and Djimmah has allowed farmers previously unheard of access to the actual market value of their coffee. This is something that should not be discounted. For years, the buyers in Addis jealously guarded the international market value of their countries coffees. Today, I would say a larger percentage of the FOB price than ever before makes it back to the farmer himself. While the ECX needs a lot of work, and I agree with you entirely about the ridiculous bar code idea, scrapping the system and boycotting Ethiopian coffee altogether do not strike me as the most prudent responses to the recent Government atrocities.

    Sincerely,
    Max Fulmer
    CEO, Royal Coffee, Inc.