Global Coffee Prices Surge to Highest Levels in Decades

Supply shortages, extreme weather, and rising demand drive record-breaking price increases for arabica and robusta beans.

Arabica coffee prices have hit their highest level since 1977, with futures reaching $3.23 per pound, marking a 70% increase this year.
Brazil, the world's largest coffee producer, faces severe supply challenges due to droughts and heavy rains, impacting current and future harvests.
Vietnam, the leading robusta producer, is also grappling with weather-related supply deficits, contributing to an 80% rise in robusta prices this year.
Potential U.S. tariffs on coffee imports and new European Union regulations on deforestation are expected to further strain global coffee markets.
Major coffee companies like Nestlé are raising prices, while consumers worldwide are adjusting habits as coffee becomes increasingly expensive.