Why is coffee more expensive?
Asked 8 hours ago
Answer
Coffee prices are rising due to climate change, trade disruptions, inflation, and increased production costs. Major coffee-producing regions face droughts, frosts, and wildfires, reducing supply and pushing prices higher. Trade tariffs and shifting global demand also contribute to the surge.
Now Playing
- Global coffee prices have risen sharply, with Germany seeing a 43% increase. 9s
- Climate change, including droughts, frost, and wildfires, has reduced harvests in Brazil. 1m 36s
- Trade shifts, such as US tariffs on Brazilian coffee, have made Germany the top importer. 1m 53s
- Experts suggest climate-resilient farming and agroforestry as potential solutions. 2m 39s
- Implementing these solutions will require major investments and may take years. 3m 8s