Have you noticed that the price of ground coffee has increased? If you pay more than you should for ground coffee, you should continue reading this post. Today, we tell you the reason why you now pay more for quality coffee, according to experts. Coffee prices are highly volatile in the world market, and the most expensive is Arabica.
Increase in coffee’s price: what is the reason for it?
The price of coffee has increased since 2014. The reason for the rise is due, according to specialists, to the shortage of supplies as a result of the torrential rains that have hit the coffee-growing regions in recent years. The most significant areas include Colombia and Brazil.
Brazilian coffee plantations were affected by frost after 30 years, which induced the loss of millions of bags of coffee. But in addition to the unfavorable rainy and dry weather for Brazilian aromatic crops, the protest on Colombian soil and the increase in the price of shipments raised coffee prices in the region.
If these prices continue to rise, consumers will be affected by paying a little more than they currently do.
Companies like Starbucks ensure that their customers should not worry about this economic reality present in the coffee industry. We, at 360F, have a wide variety of coffee species from many parts of the world, and we adapt to the preferences of our customers, with the most competitive prices on the market! Take a look at our website and let us know your thoughts on our social networks.