Dubai Coffee Auction Sets New Record Prices with Panamanian Geisha sold for US $10,000 per kilo – Business – Economy and Finance

  • DMCC Specialty Espresso Public sale units report costs for specialty coffees
  • New highest public sale costs set for espresso from Bolivia, Ethiopia and the USA
  • First public sale of its type at World of Espresso Dubai with all tons held onsite in Dubai

 

The inaugural Dubai Multi Commodities Centre (DMCC) Specialty Espresso Public sale noticed report costs set in a day of frantic world bidding.

The occasion noticed 16 tons from 11 totally different producers throughout 9 nations, that includes six totally different espresso varieties. Out of those, 11 tons had been Geisha espresso, making it a very world showcase of a number of the finest espresso producers on the planet. Bidders had been each within the room and distant by way of a digital public sale platform.

The very best-selling espresso got here from Finca Sophia, a farm in Panama, and bought for $10,020 per kilo. In the meantime, a variety of Kona SL 34 from Hawaii set a brand new report for American espresso, going for $910 per kg, eight-times the earlier highest worth paid for Kona.

La Llama beans from the Los Rodriguez producer turned the most costly Bolivian espresso ever bought, fetching $350 per kg, whereas a brand new report was set for Ethiopian espresso with $1,100 per kg paid for Gesha Village Oma Pure. General, the highest three bids had been from the Geisha selection with one other lot of Finca Sophia promoting for $8,614 and Finca La Mula promoting for $2,620.

Khalid Al Hammadi, Government Vice President, DXB Reside stated: “The inaugural Dubai Espresso Public sale by DMCC in 2025 has strengthened Dubai’s place as a worldwide hub for the espresso commerce. By bringing collectively producers, merchants, and fans from around the globe, the public sale showcased a number of the rarest and most interesting coffees, reaching outstanding outcomes and setting new data for specialty espresso. This public sale has not solely highlighted the rising demand for distinctive espresso but in addition strengthened our dedication to driving development, sustainability, and excellence inside the trade.”

Ahmed Bin Sulayem, Government Chairman and Chief Government Officer of DMCC, added: “DMCC’s inaugural Dubai Espresso Public sale showcased a number of the rarest and most interesting coffees, setting new report costs for some specialty coffees which have strengthened Dubai’s place as a number one hub within the world espresso commerce. Via a clear and aggressive bidding platform, now we have enhanced worth discovery within the specialty espresso section and introduced espresso producers, merchants, and fans collectively from around the globe – testomony to DMCC’s central function in shaping the way forward for one of many world’s most traded commodities.”

David Paparelli, the auctioneer, CEO and co-founder of M-Cultivo stated, “These specialty espresso auctions function independently of commodity market costs and consumers aren’t evaluating these coffees to commercial-grade beans—they view them as luxurious items. It’s like evaluating a Patek Philippe to a Timex—each are watches, however one operates in a wholly totally different class.”

Specialty espresso is classed as espresso scoring 80 factors or above on the 100-point scale used on the Specialty Espresso Affiliation Cupping kind and people auctioned all scored 92 and above.

“These auctions are extra than simply transactions,” Paparelli added. “They push the boundaries of espresso high quality and innovation whereas offering producers with world publicity and monetary incentives to maintain refining their craft.”

Excessive costs are decided by three most important elements. The espresso should be among the many finest on the planet, usually scoring 90+ on cupping evaluations. Restricted availability will increase demand, with distinctive rising situations and small-batch manufacturing add to the exclusivity. Thirdly, the producer’s fame and story play a major function as consumers search for consistency in high quality and a compelling backstory that enhances the espresso’s status.

Consumers in auctions comparable to this are sometimes personal collectors and occasional fans, with some curating uncommon espresso collections for his or her clientele, much like luxurious personal procuring experiences. Others had been roasters and cafés who usually purchase in small portions to promote as limited-edition choices. Paparelli defined, “A number of cafes might brew and promote these coffees for as a lot as $1,000 per cup, providing an unique tasting expertise for purchasers.”

The public sale has been one of many highlights of the World of Espresso Dubai 2025 occasion, the Center East’s largest espresso commerce present. Returning for its fourth version from February 10-12, on the Dubai World Commerce Centre, with greater than 250 worldwide exhibiting firms and commerce guests from 78 nations.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *