Though coffee’s price rise can be mostly attributed to weather , higher shipping and freight costs have also helped fuel the rally. The Baltic Dry Index, a proxy for measuring global freight and shipping rates, rose 62% in 2021, its biggest percentage gain since 2016. Why is coffee price going up? Though coffee’s price rise … Read more
The coffee shortage is being caused by a mixture of drought, high demand, and a lingering shortage GEP noted how arabica coffee beans account for 75 percent of the world’s coffee output. The majority of these coffee beans are produced in either Brazil or Colombia. Is there really going to be a coffee shortage? Back … Read more
The average annual price for arabica coffee rose by 36% y-o-y to $4.51 per kg in 2021, while robusta went up by 31% y-o-y to $1.98 per kg over the same period The average monthly price in December 2021 reached $5.91 per kg for arabica and $2.48 per kg for robusta. Are coffee prices falling? … Read more