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In 1994 £2.75 million worth of Fairtrade products were sold in the UK; in 2006 annual sales reached £290 million.
20% of the roast and ground coffee market is now Fairtrade certified, as is 5% of overall coffee sales.
Fairtrade bananas now account for 8% of the total UK banana market.
As a result of these sales, over 1 million farmers and workers throughout Latin America, the Caribbean, Africa and Asia
currently work under Fairtrade conditions, which leads to benefits for an estimated 5 million people.
www.fairtradefoundation.org.uk
Production/export volumes and values for agricultural production are available from:
faostat.fao.org
Fairtrade Prices
The Arabica Coffee Market 1989-2007: Comparison of Fairtrade and New York Prices
NB Fairtrade minimum price = 121 cents/lb + 5 cents/lb premium
When the New York price is 121 cents or above, the Fairtrade price = New York price + 5 cents
The NY price is the daily closing price of the second position Coffee 'C' futures contract at the NY Board of Trade
© Fairtrade Foundation
If you require information about fair trade or the resources available please contact:
Yvette Fox, Teaching and Learning Consultant, Multicultural Education and Global Citizenship/TIPD Co-ordinator
Tel: (01482) 392436
E-mail: yvette.fox@eastriding.gov.uk
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