Ecuador: Coffee Annual
Prohibitively high costs of electricity and water, transportation, and high labor costs have cut production of soluble coffee in half. Germany and Russia are Ecuador’s top two markets for its exports of soluble coffee products. Concurrently, successes are noticeable within the specialty coffee beans product category for export. Reportedly, a Korean buyer bought one lot of Ecuador’s high-altitude specialty coffee for $3,800 per 60 kg bag in 2018.
