2024-04-08 17:00:17
China’s Cotti Coffee continues to make significant inroads on the international stage with a store in the UAE – the coffee chain’s first in the Middle East.
The Dubai outlet opened just a week after Beijing-based Cotti Coffee announced it had reached 7,000 stores globally.
The value and digital-focused coffee chain has rapidly expanded across Asia Pacific since opening its first store in Fuzhou, China, in October 2022. Cotti Coffee currently operates stores across 10 markets in the region – China, Indonesia, Hong Kong, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand and Vietnam.
Cotti Coffee, which opts for a revenue and profit-sharing arrangement with franchisees rather than charging upfront fees, also has outlets in Canada and Australia.
Further indicating its global aspirations, commercial real estate firm Colliers announced at the end of last year that Cotti will debut at Hawaii’s Pearl Highlands Center in June 2024 ahead of a planned launch into the US mainland in the next few years.
Several Chinese coffee chains are currently utilising nimble store footprints to rapidly scale their domestic footprints. Market leader Luckin Coffee opened more than 8,000 stores in 2023, while fellow small-format brands including Lucky Cup, Minism Coffee and There Was No Coffee also achieved triple-digit outlet growth last year.
While China has traditionally had a fairly insular coffee shop market, rising coffee consumption across Asia Pacific and a resurgence in post-pandemic international travel in the region has seen several Chinese brands seek to establish a foothold in new markets for the first time.
In the last 18 months, Shanghai-based Manner Coffee opened its first overseas site in Hong Kong, 5coffee debuted in Malaysia with a store in Johor Bahru and Luckin Coffee and There Was No Coffee both launched in Singapore.
However, with its Dubai store Cotti Coffee has become the first Chinese coffee chain to enter the Middle East branded coffee shop market. Other east Asian coffee shop operators to have successfully scaled their footprints in the region include South Korea’s Caffe Bene in Saudi Arabia, Thailand’s Café Amazon in Saudi Arabia and Oman and Japan’s % Arabica, which operates 43 stores across seven Middle Eastern markets.
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市场时间
- 美国ICE交易所
- 美国NYMEX交易所
- 欧洲ICE交易所
咖啡价格
05月07日收盘价
交易所 | 品种 | 价格 | 货币 | 单位 |
---|---|---|---|---|
美国ICE | 咖啡指数 | 195.30 | 美分 | 磅 |
美国ICE | 阿拉比卡09 | 195.05 | 美分 | 磅 |
美国ICE | 阿拉比卡07 | 196.17 | 美分 | 磅 |
欧洲ICEU | 罗布斯塔07 | 3,372 | 美元 | 吨 |
巴西现货咖啡 | 日晒阿拉比卡 | 1,270 | 雷亚尔 | 60公斤 |
巴西现货咖啡 | 罗布斯塔 | 1134.67 | 雷亚尔 | 60公斤 |
哥伦比亚现货咖啡 | 水洗阿拉比卡 | 1,485 | 美元 | 125公斤 |
越南现货咖啡 | 罗布斯塔 | 130,000 | 越南盾 | 千克 |
美国ICE | 可可指数 | 7,061 | 美元 | 吨 |
美国ICE | 可可09 | 7,947 | 美元 | 吨 |
美国ICE | 可可07 | 8,610 | 美元 | 吨 |
外汇市场 | 美元指数 | 105.49 | 美元 | 美元 |
外汇市场 | 巴西雷亚尔 | 5.0744 | 雷亚尔 | 美元 |
交易所库存数量 | 美国ICE | 701,423 | / | 袋 |
交易所库存数量 | 欧洲ICEU | 4,047 | / | 袋 |
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