Global coffee prices are on the rise due to storms, shipping disruptions, and climate issues, but coffee lovers in New Zealand are still buying their daily brews. Coffee prices for popular types like arabica and robusta have gone up by around 2-4%, according to analysts at Barchart. This increase is caused by problems in coffee-growing regions, like plant diseases, floods, and unusual weather, especially in South America and Vietnam, where coffee production has dropped.
In New Zealand, coffee wholesalers like John Burton Ltd are struggling with long shipping times, particularly from Brazil. To solve this, they are sourcing coffee beans from Papua New Guinea, which is closer and faster to ship. However, the weak New Zealand dollar is making it harder to buy coffee from international markets. While some are optimistic about fair trade’s positive impact on farming communities, climate change continues to cause unpredictable weather that affects coffee drying and production.
Unfortunately for coffee drinkers, prices are expected to stay high for a while.
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