11:18 - 18.03.2025

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March 18, Fineko/abc.az. Coffee prices rose by 38.8% in 2024 due to adverse weather conditions in key producing countries and will continue to rise if the weather does not improve.

ABC.AZ informs that this is stated in a study by the Food & Agriculture Organization of the United Nations (FAO).

In December 2024, the Arabica variety, preferred for making ground coffee, rose in price by 58% year-on-year. The robusta variety, used mainly in instant coffee and blending, has increased in price by 70%. The price gap between the two varieties has significantly narrowed for the first time since the mid-1990s.

Brazil and Vietnam together produce almost 50% of the world's coffee. The price increase is influenced by lower exports from Vietnam, reduced production in Indonesia and unfavorable weather in Brazil.