The latest global coffee price
The global price of Robusta coffee
The global price of Arabica coffee
Global coffee price review
The global coffee market remains dynamic, reflecting multiple factors that impact pricing. According to the most recent data:
- Arabica coffee is priced at $7.16 per kilogram (based on $322.93 per 100 pounds as per the chart).
- Robusta coffee is priced at $4.97 per kilogram (based on $4939 per metric ton as per the chart).
Key factors influencing prices:
- Weather conditions: The El Niño phenomenon, characterized by warmer ocean temperatures, has reduced rainfall in coffee-producing regions such as Indonesia and Brazil, directly impacting production.
- Export demand: Rising demand from India and China for coffee products has driven up prices, particularly for Arabica.
- Trade policies: Export restrictions in key producing countries, including Vietnam, have limited global supply and created upward pressure on prices.
Comparison of Arabica coffee price to Robusta coffee price globally
Arabica beans are traditionally priced higher than Robusta beans due to their more favorable growing conditions and superior flavor profile, which is preferred by premium markets. As of now:
- Arabica Coffee Price: 7.16 USD per kilogram.
- Robusta Coffee Price: 4.97 USD per kilogram.
Arabica’s price premium is linked to its cultivation in specific climates such as those in Latin America, Southeast Asia, and Oceania, while Robusta beans, which are more resilient and hardy, are mainly grown in Africa and Southeast Asia.
Arabica prices are more susceptible to shifts in weather patterns, especially in Colombia and Brazil, which are major producers. Robusta, on the other hand, is often more impacted by global supply chain issues, including labor shortages and shipping delays.
Global Arabica coffee price forecast
Short-term forecasts for the coffee market suggest that Arabica prices will continue to rise due to tight supply levels and adverse weather patterns, particularly in Colombia and Brazil. The forecasted price for Arabica could potentially increase to over 7.50 USD per kilogram in the next quarter.
For Robusta, prices may stabilize or slightly dip, staying within the 4.50 to 5.00 USD per kilogram range due to increased production in countries like Vietnam, but the global supply chain could still drive some volatility.
The medium to long-term outlook will depend heavily on the global response to climate change, shifts in consumer preferences, and changes in global demand, particularly from emerging markets.
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Frequently Asked Questions about Coffee Prices
- The price of Arabica coffee has increased slightly by 0.15%, from 324.74 USD per 100 pounds to 325.24 USD per 100 pounds.
- The price of Robusta coffee has seen a 2.05% increase, from 4974 USD per metric ton to 5076 USD per metric ton.
- The El Niño phenomenon reduced rainfall in key producing regions like Brazil and Indonesia. Additionally, increased demand from India and China and restrictive export policies in Vietnam have contributed to price increases.
- Producers have benefited from higher revenue but face challenges due to rising costs of farming and transportation. Consumers, however, are experiencing higher retail prices, leading some to shift to lower-cost options like Robusta or reduce coffee consumption altogether.