21 February 2019 | UAE

Dubai inaugurates state-of-the-art global coffee trading centre

DMCC Coffee Centre is the largest of its kind in the Middle East and will handle up to 20,000 tonnes of green coffee with an estimated trade value of $100m per year 

The DMCC Coffee Centre launched during Dubai’s Gulfood, the world's largest annual food and beverage trade exhibition



The UAE is positioning itself as a global coffee hub with the inauguration of a major new coffee trading facility in Dubai. The 7,500m2 Dubai Multi Commodities Centre (DMCC) Coffee Centre facility will house a coffee importing, quality analysis, roasting and warehousing operation, aiming to connect coffee consumer markets around the world to major coffee producing countries such as Ethiopia, India, Indonesia, Uganda and Vietnam.

The temperature-controlled site also includes coffee quality laboratory, cupping labs, a Specialty Coffee Association (SCA) training campus and commercial office space. It is expected to handle up to 20,000 tonnes of green coffee bean annually – with an estimated annual trade value of around AED 367 million ($100 million).

The DMCC is located in the world’s largest tax-free zone and is already a gateway for major global commodities including gold, diamonds, tea and base metals. The strategic pivot toward coffee highlights the growing importance of the beverage in the UAE and across the Middle East. In January 2019, the DMCC held a conference with some 200 representatives of the German coffee industry with a view to start a new trade dialogue between the two countries.

Allegra research forecasts robust branded coffee shop growth across the Middle East over the next five years, with the total regional market enjoying 7.3% outlet growth in 2018. Dubai is, however, the centre of the region’s coffee innovation, with established western brands, such as Starbucks and Dunkin’ operating alongside an innovative specialty independent and 5th Wave café segment.

“Today represents a significant milestone, and one that places Dubai firmly at the heart of the global coffee trade,” said Ahmed Bin Sulayem, Executive Chairman, DMCC. “Dubai is uniquely positioned to serve the significant emerging markets trade corridor of the Middle East, North Africa and South Asia, and well connected to the coffee-producing regions of Africa, China, India, Latin America and South East Asia,” he added.

Allegra hosts the European and Middle East Coffee Symposium in Dubai, 11-13 November 2019. Celebrating the UAE’s status as a global coffee destination, the EMECM offers a combination of cutting edge insights and unparalleled networking opportunities for top executives from across the coffee shop, food-to-go and foodservice landscape.

For more information and to reserve your place, visit europeancoffeesymposium.com
 






 
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