The complex coffee scenario in Argentina, climate change, global shortage, and local impact

게시됨 2024년 1월 5일

Tridge 요약

The price of coffee in Argentina has sharply increased due to various global and local factors. Importation is necessary because Argentina does not cultivate coffee beans, and the main coffee producers have experienced reduced harvests. The cost of coffee has doubled in recent years, leading to a significant decline in consumption, and subsequently affecting the economy at the national and local level.
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원본 콘텐츠

The price of coffee increased sharply in Argentina: the 250-gram package went from $8,000 to an average of $13,500 in January. With a complex scenario at a local and global level, crossed by climate change, The Economist warned that it will not be possible to meet demand in the coming years. How does this impact the national market? In Argentina there is no coffee bean cultivation, so 100% of what is consumed locally is imported from various countries, such as Colombia, Nicaragua and Brazil, the main producer that concentrates 30% of the world market. Indonesia joins in fourth place. “The extreme heat waves in Brazil reduced harvests,” journalist, writer and coffee sommelier, Nicolás Artusi, told BAE Negocios. "Coffee is a natural commodity, and as such it has good years and it has bad years," he pointed out. "On the other hand, it is also expected that this year the effects of the El Niño current will greatly harm the crops in Indonesia," added the author of “Coffee Manual, ...
출처: Baenegocios

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