Dubai’s coffee market expects AED1bn ($272m) of sales this year and the market is growing, according to the organisers of a trade exhibition coming to the city.
DXB Live continues the preparations for the 3rd edition of the World of Coffee exhibition, which will be held from January 21 to 23, 2024 in the Dubai World Trade Centre.
With expectations that the coffee market in the UAE will grow at an annual rate of 8.4 per cent between 2023 and 2029, and by about 7.5 per cent annually in the Middle East and Africa between 2022 and 2027, the exhibition is witnessing a wide regional and global interest from industry leaders, experts and specialists.
Dubai coffee sales
According to a Statista report, coffee markets in Dubai and the region are experiencing substantial growth, with individual coffee consumption in the UAE expected to reach 1.36 kg in 2023.
These figures reflect the industry’s attractiveness and growing demand for coffee products, as Dubai provides an ideal environment for the growth of the coffee market, owing to the presence of global coffee shop brands and the emirate’s role as a regional coffee trade hub, with export revenues exceeding AED3.5bn ($953m) over the past decade.
The World of Coffee Dubai 2024 represents a turning point for the sector in the UAE.
Khalid Al Hammadi, Senior Vice President at DXB LIVE, emphasised that Dubai’s economic status and distinctive infrastructure have positioned the emirate as a leading destination for organising and hosting prominent events at regional and worldwide levels.
He said: “Through the World of Coffee Dubai exhibition, we hope to contribute to Dubai’s efforts in achieving its strategic goals by developing and diversifying various economic sectors.
“Additionally, we aim to facilitate building and strengthening relations between participants and companies within the coffee market of UAE and the region.”
“The participation of major brands, companies, and specialists underlines the exhibition’s importance and the international community’s trust in it, and the major role of Dubai in enhancing the regional and international trade movement”.
Omran Al Hammadi, CEO of Que Trading Group, said: “We are excited to participate for the third time in the World of Coffee Dubai 2024. The exhibition provides us with the remarkable opportunity to explore new avenues, strengthen their presence, and contribute to the growth of this booming industry.
“During the exhibition, visitors will have the opportunity to discover our most recent products, which include modern and high-quality coffee makers and a wide range of advanced tools and accessories.”
Dubai is home to several international coffee shops and companies.
The World of Coffee gives companies and cafés the opportunity to provide new and unique experiences for coffee lovers who want to stay up with the city’s fast-paced lifestyle.
According to Statista predictions for 2022, 82 per cent of worldwide coffee revenues are created by consumption in cafes and restaurants, while 18 per cent of revenues are generated by domestic consumption, which is anticipated to fall by two degrees by 2025.
The current lifestyle trend has been propelling the coffee industry forward, with increased consumption and the development of places that provide it.
This tremendous success has compelled major Emirati coffee businesses to expand locally, regionally, and globally to express the Emirati hospitality culture to the globe and strengthen its position as a leading global coffee hub.
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