Various factors, such as weather conditions, harvest volumes, and political events, influence coffee’s global market price. Experts call it a “perfect storm”: It started with a drought, followed by frost in Brazil—the world’s top producer—in 2021. Then, rising interest rates forced coffee roasters to reduce their inventories, which added pressure to the supply chain. In 2023, the shipping crisis in the Red Sea made things worse: coffee, which used to be transported quickly through the Suez Canal, now has to be shipped around Africa, adding three weeks to delivery times and tripling freight costs. According to the Swiss commodity traders’ association Suissenégoce, insurance premiums have increased by 40%, and container availability has become highly unpredictable.
Der bittere Preis des Kaffees
