Home > Finance > The Growth in Fairtrade Products

The Growth in Fairtrade Products

By: Susan Hunt MA - Updated: 29 Dec 2012 | comments*Discuss
 
Fairtrade Products Farmers Third World

In 2007, shoppers across the globe spent a total of more than £1.6 billion on certified Fairtrade products.

And most consumers in the UK now recognise the Fairtrade symbol which appears on a huge range of products in supermarkets and high street shops.

Growth in Fairtrade

In fact, there has been a phenomenal growth in the sale of Fairtrade goods over the past six years alone and according to a survey carried out by TNS, 70 per cent of people in the UK are now aware of the Fairtrade mark.

This compares with a survey carried out in 2002 which revealed that only 20 per cent (or one in five people) recognised the old Fairtrade mark.

And the figures below demonstrate the extra emphasis that consumers are now putting on Fairtrade buying.

How Spending Has Increased

Back in 1998, UK shoppers spent around £13.7 million on Fairtrade coffee, £2 million on tea and £1.3 million on chocolate and cocoa. (Fairtrade certified bananas – now found in virtually all major supermarkets – weren’t yet around!)

By 2007, spending in the UK on Fairtrade had jumped to an incredible £117 million on coffee, £30 million on tea and £34 million on chocolate/cocoa.

But leading Fairtrade spending by a huge margin was bananas – accounting for sales of £150 million per year.

In fact, spending on products in the entire Fairtrade sector leapt from a modest £16.7 million in 1998 to a whopping £493 million in 2007 as shoppers showed their commitment for products that have a positive impact on families in the Third World.

Growing Product Range

Today, you can find a Fairtrade product in a huge range of goods from wine, flowers and honey to cotton clothing – a far cry from 40 years ago when the Fairtrade movement began very modestly with a handful of companies supporting the principle.

Formal certification was not introduced until the late 1980s and it was several more years before the formation of the Fairtrade Labelling Organisation (FLO), which was set up in Germany.

In Britain, the Fairtrade Foundation was born in 1992 – formed by charities such as Oxfam, Christian Aid and Traidcraft and soon joined by the Women’s Institute.

It quickly became successful and in 2008, London declared itself Fair Trade Capital of the World when it became the biggest city to achieve Fairtrade City status.

Fairtrade Changes Fortunes

There are countless examples of how Fairtrade has brought hope in place of hunger for communities in many different countries.

It ensures a stable and fair price for the producers, together with payment of a “social premium” which is used to fund projects or purchases which benefit communities as a whole.

One of the world’s most established Fairtrade co-operatives is in Costa Rica and was formed way back in 1988.

CooCafe has around 3500 members and exports to Europe, the United States and Canada.

Its President, Gerardo Arias Camacho now travels widely explaining to governments and big business how Fairtrade has changed the lives of people in his country.

CooCafe gives a voice to small farming communities involved in coffee production, ensures they get a fair price for their coffee beans and raises money for community projects.

So far, it has funded more than 200 schools and over 1000 scholarships, paid for water tanks and natural erosion barriers and helped with reforestation and preparing land for organic growing.

You might also like...
Share Your Story, Join the Discussion or Seek Advice..
Why not be the first to leave a comment for discussion, ask for advice or share your story...

If you'd like to ask a question one of our experts (workload permitting) or a helpful reader hopefully can help you... We also love comments and interesting stories

Title:
(never shown)
Firstname:
(never shown)
Surname:
(never shown)
Email:
(never shown)
Nickname:
(shown)
Comment:
Validate:
Enter word:
Topics
Latest Comments
  • Evo3
    Re: New Build Grants and Funds
    Hi I’m wondering if someone can help me. I’m looking to see if there are any grants available to help with building a few different…
    20 February 2020
  • Red Dog
    Re: What is the Equivalent Wattage for Energy Saving Bulbs?
    I like a very bright light in my living room as a dim light gives me headaches and depression,…
    9 February 2020
  • JULIE
    Re: New Build Grants and Funds
    hi i am building my own house it is going to be a farm house can you tell me if there are any eco grants out there to help me go…
    5 February 2020
  • EcoGreen Organics
    Re: Grants Available For Your Business
    Hello, we are looking for equity partners for the Waste to Energy Project in Zambia.Waste to Energy Project is based on…
    1 February 2020
  • rach
    Re: Eco-School Grants and Funds
    Hi, there seem to be no links to suggest where this funding is available from. Can you help point towards application forms etc.…
    30 January 2020
  • LEL
    Re: Eco-School Grants and Funds
    I’m making enquiries regard above information on behalf of St Christopher School Codsall, Wolverhampton. In particular garden…
    23 January 2020
  • peter
    Re: Eco-Community Groups
    Hi, We are looking for funding to improve the insulation on our community based social club, we host a varied selection of community based…
    13 January 2020
  • Glo h
    Re: Eco-Community Groups
    Hi I own a small food business, I was wondering if you could help me with a grant to go biodegradable I have done some changes its just so…
    8 January 2020
  • Stacey
    Re: Are There Any Grants for Water Treatment Systems?
    Hi is there any kind of help that you can with a new drainage system all around the house my drainage…
    21 December 2019
  • Jase
    Re: Grants Available For Your Business
    Hi I am looking to bring a eco friendly building material to the UK. Then mass manufacture it and ship national. The…
    15 December 2019