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Record coffee prices 2024. In 2024, coffee stood out as the undeniable star of the commodities market, with prices reaching unprecedented peaks. Experts attribute these remarkable increases to severe climatic events in major coffee-producing countries and the global rise in energy costs. These factors have directly impacted production and transportation expenses, driving up consumer prices. (Check out our previous articles for a deeper dive, link.)
One of the most significant contributors of Record coffee prices in 2024, was the El Niño climate phenomenon, which played a pivotal role. In Brazil, the world's largest coffee producer, higher temperatures and reduced rainfall led to significantly lower harvests than usual.
Additionally, the global energy crisis and logistical challenges further exacerbated price pressures. For instance, disruptions in maritime traffic through the Suez Canal, caused by Houthi attacks, complicated trade routes between Asia and Europe.
Looking ahead, 2025 may bring partial price stabilization, thanks to improving weather conditions and increased investments in agricultural technologies. However, market volatility remains a tangible risk. Potential new climate or geopolitical disruptions could trigger further price swings.
Another key trend is the growing consumer demand for sustainable and traceable coffee products. As global buyers become more environmentally conscious, producers are being driven to invest in certifications and eco-friendly practices, increasing operational costs but opening new market opportunities.
A critical development shaping the industry is the EU Deforestation Regulation (EUDR), set to take full effect in 2026. This regulation requires businesses to demonstrate that their products do not contribute to deforestation, emphasizing traceability throughout the supply chain.
For coffee producers, this presents both challenges and opportunities: early adopters will gain a competitive edge and win the trust of European consumers.
Qahwa Limited, a key player in Europe’s premium coffee market, is ready to lead the way toward a more resilient future. The company is committed to a sustainable business model, combining innovation, transparency, and environmental stewardship. With these principles, Qahwa aims to solidify its position and meet the evolving demands of the industry.