In the past eight years Panama come to be seen as the sole producer and exporter worldwide of the geisha variety, with exports reaching between 8000 and 10,000 hundredweight per year and with up to 1000 hundredweight selling locally at a good price. However, the recent entry of other countries in this market threatens the dominance of Panamanian geisha. Nevertheless, "... experts in the field say that so far no one matches the quality of the Panamanian grain."

Wilford Lamastus, from the Specialty Coffee Association of Panama, told Laestrella.com.pa that "... The country has achieved its position: We are the only one to offer approximately eight years of experience and a specialty coffee of very high quality, because our coffee trees have matured. We sell at a higher price than our neighbors, but eventually prices will go down, because the selling price depends on the variety and the drying process. "

"... Besides Geisha, other varieties of fine coffee are also cultivated such as Pacamara, Catuai, Caturra, Typica and Bourbon. Producing a hectare of gourmet coffee costs $2,000 in the first year, because of the cost of land preparation, seed and fertilizer, among other things. After that, another $2,000 a year is required for maintenance. "

Source: laestrella.com.pa

More on this topic

Record Price Paid for Panamanian Coffee

July 2018

A Taiwanese company has paid $803 for a pound of geisha coffee produced in the province of Chiriqui, surpassing the highest price of $601 paid for a grain of this type.

In the online auction 'The Best of Panama 2018', the Asian company Black Gold Coffee Co paid the highest amount per pound that has been registered for a coffee of the geisha variety, buying it from Elida Geisha Green Tip Natural which produces the grain in the District of Boquete.

Coffee: Record Price in Cup of Excellence

July 2018

The lot that this year was best quoted in the international electronic auction reached $30 thousand per hundredweight, and the grain comes from the canton of Dota, Los Santos zone, Costa Rica.

The high quality coffee that received the best quote in the international electronic auction in the Cup of Excellence contest is from the Don Cayito farm, with a price of $30,009 per hundredweight. 

Panamanian Specialty Coffee in Japanese Fair

October 2014

Producers of the geisha variety managed to attend 50 business appointments and get ten firm orders worth for more than $400,000 at the Specialty Coffee fair of Japan.

Panamanian producers struck deals worth around $400,000 while participating in the fair held in Tokyo a few days ago.

Panamanian Specialty Coffee in the World Market

May 2013

Geisha, one of the finest varieties of coffee in Panama, has reached $374 a kilo, the highest price paid in the international market.

There are approximately 30 members of the Speciality Coffee Association of Panama (SCAP) who grow and export this product. "In high mountainous areas in the province of Chiriqui, located on the border with Costa Rica, some 400 miles west of Panama City, a nest of just over 40 farms grow, as well as Geisha, other varieties of fine Panamanian coffee such as Pacamara, Catuai, Caturra, Bourbon or Typica ", reported Prensa.com.