According to the Brazilian Coffee Industry Association, product increased by 37% for the consumer; climate change are pointed out as the main cause for high
The price of Brazil continues to rise, impacting both consumers and industry. Climate change is pointed out as the main cause of this increase, with extreme events such as heavy rains, winds and heat waves directly affecting plantations. According to the Brazilian Coffee Industry Association (ABIC), the price of coffee for the industry rose 180%, while for the consumer the increase was 37%, well above the average of 2.5%of the basic basket.
Prices are expected to begin to stabilize with the new crop, expected to be harvested between April and May 2025. In addition to climatic conditions, increased global coffee consumption and the emergence of new markets, such as China, They also contribute to the high prices. Brazil, the world’s largest exporter, represents 40% of global production, followed by Vietnam and Colombia. Despite the unfavorable scenario, Brazilians continue to consume coffee, seeking to save on other areas.
The situation is not exclusive to Brazil, as the factors mentioned affect the coffee market around the world. While consumers await a possible price reduction in the coming months, coffee remains an essential item in everyday life, even with price increase.
*With information from Beatriz Manfredini
*Report produced with the aid of AI