Coffee prices are expected to soar by the end of 2025 due to various factors such as extreme weather affecting key supply markets, increasing shipping rates, and other supply chain issues. This could lead to a single cup costing between $8-$12, putting pressure on cafe owners and potentially impacting the Australian coffee industry.
Key Points
Extreme weather in key supply markets affecting coffee prices.
Shipping rates and supply chain issues contributing to cost increases.
Potential impact on cafe owners, customers, and the Australian coffee industry.
Pros
Potential for coffee importers and roasters to explore alternative markets to alleviate cost pressures.
Opportunity for increased collaboration within the coffee industry to address rising costs.
Awareness about the impact of extreme weather and supply chain issues on coffee prices.
Cons
Increased financial burden on coffee lovers who may have to pay more for their daily caffeine fix.
Pressure on cafe owners who might need to pass on rising costs to customers.
Potential threat to the Australian coffee industry and its workforce.