LONDON: Coffee prices will keep rising until the middle of 2025 due to supply shortages at key growers, with European consumers set to pay even more for their caffeine hit as new deforestation regulations kick in.
Expectations of another production shortfall in Vietnam, the world’s top producer of robusta, is fuelling a surge in prices for the bean variety used in blends and espressos, Giuseppe Lavazza, chairman of coffee roaster Luigi Lavazza SpA, said.
