FLASH NEWS
The price of coffee in the world is rising
2025-03-15 15:10:15 / EKONOMI&SOCIALE
The price of coffee at the global level has increased. Compared to 2023, in 2024 it has increased by 40%. According to economic experts, the main causes are meteorological conditions and related problems that have hit producing countries.
Coffee consumers may face an increase in the price of their favorite drink even in 2025. According to economic experts, the main causes are climate change, which has hit producing countries in the past year.
At the end of 2024, the price increased by 40 percent. According to the Food and Agriculture Organization of the United Nations, the increase is expected to continue through 2025.
Globally, the coffee industry generates over $200 billion per year, and the US and EU are the largest importers.
According to the report, in December 2024, Arabica coffee, which is also the best and most preferred quality, marked an increase of 58%, while coffee used for coffee machines and blends, experienced an increase of 70%.
Due to climate change and weather problems, in Vietnam, the unusually long dry weather brought about a reduction in exports of about 20% for the second year in a row.
Indonesia also recorded a decrease in coffee trade as a producing country, by about 17% as a result of excessive rains in April-May, while Brazil, which had been growing every year, recorded a 1.6% decline in production in 2024.
Currently, Brazil and Vietnam cover 50% of world coffee production, while smallholder farmers account for 80% of global production.
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