Coffee prices are expected to rise in Ukraine

Due to supply disruptions that have affected the entire world, coffee lovers will have to prepare for significant costs, as well as increased risks associated with counterfeiting. This is reported by Bloomberg. The increase in prices will affect both elite Arabica beans and more budget-friendly Robusta varieties. Prices for robusta beans have reached their highest level since the 1970s, and higher-quality arabica beans have become the most expensive in the past two years. The main reason for the increase in cost is unfavorable weather. Drought in Vietnam, a major robusta producer, has led to a fourth consecutive year of market shortages. In Brazil, where Arabica is grown, dry weather has reduced yields as the trees produce smaller beans. Because of the difference in the cost of these two varieties, companies are forced to look for lower quality Arabica beans to reduce costs. This, in turn, leads to higher prices in coffee shops. An additional factor driving up prices is growing ...