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Article: Fair Trade benefits from emerging markets: everything counts, also in small amounts.
- Article from:
- Food Engineering & Ingredients
- Article date:
- June 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Anything that is relatively small, grows fast. This also applies to Fair Trade products. But in 2003, sales seem to have exploded, mostly thanks to emerging markets such as the UK, France and the US. Overall, more traders, new products and an enhanced public profile have helped Fair Trade's cause.
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Sales of Fair Trade products in the UK crossed the [euro]200 million mark in 2004. For Europe as a whole this figure is estimated at [euro]800 million. This figure includes food as well as non food. In terms of volume, more precise data are available. In 1997, roughly 26,000 metric tonnes of food products, ranging from coffee to honey, were sold ...