Global Coffee Prices Reach Record Highs Due to Severe Weather

Adverse climate conditions in Brazil and Vietnam have disrupted coffee production, leading to soaring prices and potential cost increases for consumers in 2025.

The price of Arabica coffee beans has surged over 80% this year, reaching $3.44 per pound, the highest level since 1977.
Brazil, the largest producer of Arabica beans, experienced its worst drought in 70 years, followed by heavy rains, raising concerns about the 2025 harvest.
Vietnam, the top Robusta producer, faced both drought and excessive rainfall, reducing supply and driving up prices for the lower-cost bean used in instant coffee.
Major coffee companies like Nestlé are reportedly planning to raise prices and reduce pack sizes in early 2025 to offset rising production costs.
Experts attribute the price spike to climate change, with analysts warning that consumers may see higher prices for coffee within the next 6 to 12 months.

Australian Broadcasting Corporation