For the first time lots of very fine coffee from the Cup of Excellence event will be sold in the country at a national level and not in the international auction.
The Specialty Coffee Association of Costa Rica reported that the lots that do not pass on to the international stage, despite their high quality, will be sold here after coordination with national roasters and coffee producers, according to Nacion.com.
A study by the Foreign Trade Promotion Office reveals opportunities emerging for the sector with the eventual signing of an FTA with South Korea.
"Korean imports of bovine meat in boneless cuts increased by 7.8% between 2008 and 2010, those for unroasted coffee by 12.2%, 22.2% for roasted coffee, sugar cane by 27, 2%, pasta by 3.3% and 14.4% for food preparations", published Elfinancierocr.com.
The Chamber of Coffee Roasters is planning to launch in six months, a quality seal that will inform consumers about the product’s features.
The seal which carries validation by the Costa Rican Standards Institute (INTECO), will carry information about whether ‘... it is pure coffee (without other ingredients) either with sugar or traditional (raw material quality) and is flavoured, not instant.’
Producers should submit requests for credit lines to the country's coffee institute (known as Icafé in Spanish), which will analyze the request and on approval pass it to the Banco Nacional, according to Ronald Peters, executive director of Icafé.
Low production and the rising international price of the bean concern the Toasters Chamber.
The anticipated decline in domestic bean harvest for 2010-2011 due to damage caused by rains, extends the downward trend in production which the country has followed over the last decade. This situation, coupled with the increase in international prices, concern industrial producers, who have announced that this will directly affect the price of the product for domestic consumers.
The Coffee Roasters' Association sees the plan as a good sign but warns that a review of the whole agri-food supply chain is also needed.
Though the Coffee Roasters' Association welcomed the initiative from Costa Rica’s national coffee institute (Icafe), it insists that the current supply issues require an integrated approach with the involvement of multiple sectors.
The Commission for the Promotion of Competition has recommended that permission to show the origin of coffee on labels should be company specific, not per brand.
The proposal comes from Costa Rica’s national coffee institute (Icafe) and is regarding the “100% grown and harvested in Costa Rica” coffee seal. The new rule would mean that a company selling brands of coffee containing coffee from other countries could no longer use the seal.
The Committee for Promoting Competition recommended investigating a “potentially punishable monopolistic practice”.
COPROCOM, the Committee for Promoting Competition in Costa Rica, signaled a series of defects in the regulations overseeing the seal of “100% Costa Rica grown and harvested” coffee, which is awarded by the Costa Rican Coffee Institute (Icafé). The Committee argued that this certification “could generate adverse effects for free market competition”.
CISA Exportadora is a green coffee exporting company based in Nicaragua owned by the Baltodano family who enjoys over 100 years of coffee tradition.
Operates in Nicaragua
Phone: (505) 2270 4414 - (505) 2270 4412
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786
CECA mills and exports high quality green coffee from every region of Costa Rica, supplying specialty coffee industries of the United States, Canada, Europe and Japan.
Operates in Costa Rica
Phone: (506) 2202 4444 - (506) 2202 4400