The price of coffee beans has had a significant rise in the last year due to climate change. Countries like Brazil, Colombia and Vietnam are experiencing severe harvesting conditions which has caused concern for production.
However, the weather conditions are varying for different countries. While Brazil is being affected by heavy rainfall, Vietnam is experiencing extreme heatwaves.
The Energy & Climate Intelligence Unit (ECIU) has remarked that the serious droughts that Vietnam are experiencing has caused concern for the level of harvest and production for the rest of the year. Vietnam produces Robusta coffee, which has a bitter taste in comparison to Arabica coffee beans produced in Brazil.
With both countries producing over 50% of these coffee bean varieties. The costs continue to rise through 2024.
This has resulted in a strain on companies buying coffee beans in the UK. With the continuing effects of climate change on our harvests, these higher prices are likely to stay the same.
Source:
