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Record high coffee prices linked to devastating effects of climate crisis

Record high coffee prices linked to devastating effects of climate crisis

Image source: © canva
Natalia Witulska,
07.05.2024 16:15

The climate crisis is a serious issue that we cannot ignore. The rising temperatures, droughts, wildfires, and sudden floods are causing significant impacts on our daily lives. Furthermore, they are also contributing to the increase in coffee prices. In fact, coffee hasn't been this expensive in over 40 years.

We have to acknowledge that we are living in very strange times. On the one hand, we are experiencing remarkable advancements in technology. Artificial intelligence is aiding in performing complex surgeries and detecting diseases like cancer. On the other, we face a climate crisis caused by human activity.

Our excessive use of plastics, overconsumption of meat, and deforestation are all contributing to climate change. As a result, the temperature has risen across the planet, leading to debilitating droughts and making the production of certain goods impossible. Currently, the coffee industry is facing a crisis, causing the price of a cup of coffee to reach its highest point in 40 years.

Coffee prices are the highest in 40 years

The impact of climate change on the prices of coffee and food globally is not a distant threat, but a reality we are already experiencing. According to experts, the price of a cup of coffee at a café has significantly increased in recent years, a trend that is expected to continue. In just one year, the price of coffee has increased by over 65%, a staggering increase that should make us all realize the urgency of the climate crisis.

"Although the stock market price of coffee is a few dollars per kilogramme, the one that our type of roasteries buys costs more than 10 dollars. As a result, a 250-gram package of speciality coffee today costs about 50-60 zlotys, although quite recently it cost 30-40 zlotys," said Łukasz Wichłacz, president of Coffeedesk, in an interview with Rzeczpospolita.

According to polsatnews.pl, the price of robusta coffee has reached historic highs, exceeding $4 per kilogram. While some may argue that this is not a significant amount, it's important to note that the price for roasteries is much higher. As a result, consumers may end up paying a higher rate for their coffee. However, this is not an issue for those who prefer to purchase coffee from a coffee shop.

"In the past two years, we've had to raise prices by approximately 20% due to the rising cost of raw materials and wages. This year, we're experiencing further increases in coffee prices. Consumers perceive it as a natural phenomenon," shared Sławomir Saran, co-owner of the Forum café and the 2008 Polish Barista Champion, in an interview with Rzeczpospolita.

Source: Rzeczpospolita, polsatnews.pl

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