Ethiopia’s modality for coffee exports has shifted from the Ethiopian Commodity Exchange (ECX) to vertical marketing. During the 2020/21 Ethiopian fiscal year that ended June 30, 2021, over 90Pct of the 248,000 tons of coffee was exported through the new modality which is outside of ECX’s platform—earning the nation a record high income of USD970 million. This value has only been in the range of USD600 to 800 million during the past decade. The price of regular Ethiopian coffee also jumped in the international market from USD2,800 two years ago to the current USD4,000 per ton—a surge of 35Pct. Specialty coffee fetched around USD70 per kilogram. However, USD370 per kilogram was the winning bid of the Cup of Excellence coffee auction.










