Global FT Sales Grow
As you may well know, Umtha is a member of COFTA, Coperation for Fair Trade in Africa. As such the following statistics from Fair trade Foundation in the UK may be of interest to you, our valued stake holders.
July 13, 2009- Jeff
Despite the global recession, worldwide sales of Fair Trade Certified products grew by an impressive 22% in 2008 as consumers spent an estimated $4 billion on Fair Trade products globally. In the U.S., sales grew 10% to $1.06 billion, and in Canada, sales grew 67% to $180 million. The UK, after growth of 43%, has surpassed the U.S. for most FT sales by country, at $1.23 billion.
The main product areas of Fairtrade growth were in the following product categories: 1. Global sales have doubled for Fair Trade tea (112%) and for Fair Trade cotton products (94%); 2. As the products with the highest sales volumes, Fairtrade coffee sales increased 14% to 66,000 metric tons (MT) and the market for Fair Trade bananas grew by 28% to 300,000 MT.
Fair Trade sales grew by at least 50% in seven countries, including Australia and New Zealand (72%), Canada (67%), Finland (57%), Germany (50%), Norway (73%), and Sweden (75%). The largest markets for Fair Trade products continued to experience strong growth, as sales of Fair Trade certified products increased by 43% in the United Kingdom and 10% in the United States. Fair Trade products also gained popularity in a number of new markets, including in Eastern Europe, Eastern Asia, and South Africa.
As of the end of 2008, there were 746 Fair Trade Certified producer organizations representing over one million and a half individual farmers and workers. There are at least another 70,000 members of affiliated organizations that belong to Fair Trade certified producer groups that also benefit from Fair Trade, which include women’s groups and other groups not directly involved in the production of Fair Trade products, like cattle herders.
Source: Fairtrade Foundation, UK, Press Release
July 13, 2009- Jeff
Despite the global recession, worldwide sales of Fair Trade Certified products grew by an impressive 22% in 2008 as consumers spent an estimated $4 billion on Fair Trade products globally. In the U.S., sales grew 10% to $1.06 billion, and in Canada, sales grew 67% to $180 million. The UK, after growth of 43%, has surpassed the U.S. for most FT sales by country, at $1.23 billion.
The main product areas of Fairtrade growth were in the following product categories: 1. Global sales have doubled for Fair Trade tea (112%) and for Fair Trade cotton products (94%); 2. As the products with the highest sales volumes, Fairtrade coffee sales increased 14% to 66,000 metric tons (MT) and the market for Fair Trade bananas grew by 28% to 300,000 MT.
Fair Trade sales grew by at least 50% in seven countries, including Australia and New Zealand (72%), Canada (67%), Finland (57%), Germany (50%), Norway (73%), and Sweden (75%). The largest markets for Fair Trade products continued to experience strong growth, as sales of Fair Trade certified products increased by 43% in the United Kingdom and 10% in the United States. Fair Trade products also gained popularity in a number of new markets, including in Eastern Europe, Eastern Asia, and South Africa.
As of the end of 2008, there were 746 Fair Trade Certified producer organizations representing over one million and a half individual farmers and workers. There are at least another 70,000 members of affiliated organizations that belong to Fair Trade certified producer groups that also benefit from Fair Trade, which include women’s groups and other groups not directly involved in the production of Fair Trade products, like cattle herders.
Source: Fairtrade Foundation, UK, Press Release
posted by Cynthia Mangaba | 15:39
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