World coffee prices have increased sharply in recent months. Robusta coffee bean futures on the London Commodity Exchange hit a historic high last month and are currently hovering above $4,000 per tonne…

According to experts, world coffee prices will continue to fluctuate strongly until the end of 2024 due to bad weather, transportation disruptions, and a tightening regulatory environment in many countries.

Some experts predict that tensions will ease in 2025, but prices are still likely to increase in the long term due to climate change and other factors.

World coffee prices have been strong in recent months. Robusta coffee bean futures on the London Commodity Exchange hit a historic high last month and are currently hovering above $4,000 per tonne. Meanwhile, arabica coffee futures on the New York Mercantile Exchange have been trading above $2 a pound ($4,444 a ton) since the start of this month.

“We thought $2,000 a ton for robusta was already a very high price,” Kosuke Nakamura, import manager at Japanese company UCC Ueshima Coffee, told Nikkei Asia. “The price of this type of coffee is at a level that no one would have thought possible a year or two ago.”

According to experts, the rising coffee price trend reflects a number of factors, including a drop in output last year in Vietnam – the world’s second-largest coffee producer – due to the El Nino phenomenon.