|
Recent figures from the FLO (Fairtrade Labeling Organizations
International) reveal that worldwide sales of Fairtrade products have shot up by a
massive 22% during the last economically-challenging year. Consumers spent around
€2.9bn (or $4bn USD) on products carrying the Fairtrade label between June 2008 and
June 2009, with global sales doubling for Fairtrade cotton (94%) and Fairtrade tea
(112%), while bestsellers, Fairtrade coffee and Fairtrade bananas, rose by 14% and
28% respectively.
Fairtrade goods tend to be sold at a higher price than
similar, non-Fairtrade products, so unsurprisingly the biggest sales rises were in
wealthy Western countries. Sales increased by over 50% in Australia, New Zealand,
Finland, Canada and Germany and by a huge 75% in Sweden and 73% in Norway. The
biggest markets for Fairtrade certified products are the UK and US, which saw sales
rises of 43% and 10% respectively. New markets for Fairtrade certified products are
also growing fast in Eastern Europe, East Asia and South Africa.
This surge
in consumer demand for Fairtrade produce has lead to changes in the sourcing
policies of world-renowned businesses including the coffee shop chain and retailer,
Starbucks, who now sell only fairly traded coffee in its UK and Ireland outlets.
Meanwhile the high profile brand Cadbury’s has also makes a pledge to use only
Fairtrade cocoa in its top range products. Such sourcing policies will have a major
impact on the global coffee and chocolate industry in the coming year.
There
are currently two Fairtrade standards in use – one for North America/Canada and
another for the rest of the world. However, rather than competing, the two standards
are recognized by consumers in their own regions. To qualify to display either of
these marks on their products, retailers and producers have to ensure the source of
production has gone through an FLO-authorized certification process, conducted by a
third party audit of its facilities, distribution and supply chains.
As
Fairtrade is increasingly adopted by leading multinationals like Starbucks, demand
for more consistency of Fairtrade issues to reduce the costs of administration is
increasing too. In the future it is likely that the International Fairtrade
Certification Mark will become more common in North America and that the current
Fair Trade Certified mark, which is administered by TransFair USA and TransFair
Canada will be phased out.
Elizabeth Evers is the ekobai.com news editor.
Ekobai is the world's only directory for certified suppliers of Fairtrade
products and those meeting other key standards across all responsible business
markets.
Article content distributed by HydroponicSearch.com - The Hydroponics Gardening Community Site.
|