Global coffee prices are rapidly climbing. Traders have halted purchases, while retailers are facing high costs. Trade is at a standstill due to the high prices, leading to bankruptcy concerns in the global coffee sector.

Coffee prices continue to rise. Drought in producer countries, particularly Brazil, increasing production costs, and issues in the global supply chain have pushed coffee prices to record levels. THE PRICE OF COFFEE INCREASED BY 120 PERCENT The price of Arabica coffee beans has increased by 70% since November. The 12-month increase has exceeded 120%. The sharp rise in prices has plunged the coffee sector into crisis. With the impact of high prices, coffee traders have reduced purchases to a minimum, and retailers are struggling to place new orders. SMALL BUSINESSES MAY CLOSE As new orders are not being placed, stocks in warehouses are rapidly depleting. According to data, coffee stocks at US ports have halved. Experts warn that a crisis is looming in the coffee sector… Industry representatives believe that companies with strong capital will be able to weather the crisis, but small businesses may be forced to withdraw from the market. On the other hand, the increase in planting areas in producer countries such as Uganda, Ethiopia, and India could lead to oversupply and sudden price drops in the future.