Higher coffee bean prices than ever because of the bad weather
World coffee prices hit a multiyear high in 2024, after exceeding the previous year’s average by 38.8%, mainly due to adverse weather in major producing countries, informed the UN Food and Agriculture Organization (FAO).
This article is available for reading in Trade magazin 2025/5.
Last December Arabica coffee was about 58% more expensive than a year earlier, while the price of Robusta was 70% higher. FAO predicts that coffee export prices could rise further this year. Higher transport costs have also contributed to the surge in coffee prices, for instance last December consumers in the European Union paid 3.75% more for their coffee than a year earlier. //
Related news
FAO recognizes young farmers
The Food and Agriculture Organization of the United Nations (FAO)…
Read more >Guidelines for veterinary laboratories
The National Food Chain Safety Authority (Nébih) and the National…
Read more >FAO food price index rose slightly in June due to higher prices of meat, dairy products and vegetable oils
The Food and Agriculture Organization of the United Nations (FAO)…
Read more >Related news
Five major trends shaping the future of global business service centers
Leading global business services providers are responding to the challenges…
Read more >Pepco’s German subsidiary placed under bankruptcy protection
Pepco’s German division has filed for insolvency, despite the retail…
Read more >Blue Planet: food waste should be utilized as biogas or feed raw material even in the short term
Food waste should be utilized as biogas or feed raw…
Read more >