July 2019 saw the Alliance for Coffee Excellence (ACE) partner with London-based Qima Coffee, a specialty coffee company specialising in micro-lots, to hold the first Private Collection Auction of coffee grown in Yemen.
The pre-auction process examined 500 hundred micro-lots and reduced this to a shortlist of 33 that were analysed by a jury consisting of professional tasters from Dubai, the US, Australia and France.
The auction raised US$163, 664.19 in total, with an average price of US$36.13 for the 33 auction lots.
More than 440 bids were placed by buyers in Hong Kong, China, Taiwan, New Zealand, Germany, Japan, Australia, the UK, US and South Korea.
The top price was paid to Yahya H Al-Lahaba, from the Sana’a region of Yemen, a member of Al-Ruwad co-operative, which fetched US$199.05 per pound for his natural processed coffee.
The international jury’s highest score was 92.5.