One fifth of coffee at the market smuggled
Some 5000 tons of raw coffee is annually smuggled to Serbia and damage the country has only from unpaid excises due to smuggling totals up to RSD 400 m, GM at Strauss Adriatic, producer of Doncafa in Serbia, Sinisa Danicic.
According to company estimations, that quantity of some 20 percent of total market, however, having in mind non-existence of the official data on market size, it is quite possible that the figures are significantly higher i.e. that the problem is more serious than it appears to be, Danicic said for Tanjug.
Implementation of excise stamps, as he says, is a good option to fight illegal trading but he outlines that it would be much better to work on gradual decrease or excise cancellation.
Excise coffee stamps would greatly affect grey market decrease and as a comprising part of the label it would not affect final product price increase, GM of strategic business area for coffee at Atlantic Group, Andrej Bele.Bele said it was estimated that, if the market of all kinds of coffee in Serbia totals 29.000 tons, ten percent of coffee enters the country in black.