Coffee can get really expensive

By: Trademagazin Date: 2024. 03. 08. 13:06

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Starting next year, consumers in the EU will have to face a scarce supply and higher coffee prices, according to the German coffee industry’s professional representative organization, the Deutscher Kaffeeverband, due to an EU regulation that restricts sources of purchase according to environmental protection considerations.

According to the EU Regulation on Deforestation-Free Supply Chains, which entered into force last year, in the future, companies will have to submit a due diligence statement that after December 31, 2020, they did not clear or damage forests for the production of their products.

“There may be a shortage on the German and European markets. The prices of the coffee that can still be purchased at that time will rise significantly,”

quoted the concerns of the coffee association in the Friday issue of the food industry magazine Lebensmittel Zeitung.

Holger Preibisch, the executive director of the German Coffee Association, requested the postponement of the application of the EU regulation in an article in the Lebensmittel Zeitung.

The EU Commission does not share the concerns of the Deutscher Kaffeeverband. To the German dpa news agency’s question on the matter, the responsible spokesperson replied that “they are not aware of any facts that could be used to conclude that the decree would result in an increase in food prices. The impact on the prices of raw materials covered by the decree is expected to be very limited. “