Wednesday, October 18, 2017

Global sales of Fairtrade products reached €7.88 billion in 2016

Global sales of Fairtrade products reached €7.88 billion in 2016, with solid growth rates among key products: coffee sales increased by 3 percent, cocoa by 34 percent, sugar by 7 percent, and bananas, tea, and flowers and plants by 5 percent each. 

The market that grew fastest last year was Austria, with an increase of 46 percent in Fairtrade retail sales, mostly due to the excellent reception of Fairtrade Sourcing Partnerships Programs in the country. France, the Netherlands, Norway and Switzerland, four mature Fairtrade markets, also experienced substantial increases in sales, all with more than 20 percent growth. South Africa has bucked the international growth trend for Fairtrade sales, in part due to the worst drought in more than 80 years, and the increase in certification costs due to a weaker rand.

During 2016, Fairtrade worked with more than 1.6 million farmers and workers around the globe, through more than 1,411 certified producer organizations across 73 countries. Global Fairtrade sales totalled €7.88 billion in 2016, Farmers and workers also received €150 million in Fairtrade Premium, an extra sum of money that producer groups invest in projects of their choice.

Read more in the Fairtrade International annual report

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