In Europe, inflation has spread to coffee cups. The price of raw coffee has increased for a long time that has begun to affect European consumers. Many European newspapers are concerned about a common drink and are still considered essential, now gradually becoming a high -class drink.
Raw coffee beans have increased strongly for more than a year, but because the material only accounts for a small part of the price of coffee cup, during that time, European consumers were less felt.
Now it is different. The daily newsletter in the UK has the article “4 pounds of an espresso!”, Equivalent to 127,000 VND. The high price is too imaginative, making the brother panic. “At cafes in London, the price is soaring.” Espresso is a basic coffee that has been 4 pounds, Cappuccino is twice as expensive. Coffee is becoming a luxurious drink, in an expensive shop that buying coffee home is not cheap.
There is no sign that Europeans will soon be able to drink coffee with cheap prices as before.
For Europeans, coffee is an essential food, to the extent that in the emergency food package, along with flour or potatoes, there is always coffee package. Diggladet newspaper in Norway said, “Norwegians over 18 years old, up to 9 people drink coffee and average each person drinks a half and a half cup of coffee every day.” The newspaper wrote: “The recent data from the Norwegian statistics agency showed that coffee prices at stores in March were 18.6% higher than a year earlier, but if only from February to March this year, in a month, coffee prices in Norway have increased to 6.5%.”
The price of raw coffee is forecast to increase sharply this year, until the following year can decrease. The Nasil Bir Ekonomi newspaper released in Türkiye on Friday last week of the World Bank’s research, that: “The price of Arabica coffee is expected to increase more than half a year and may fall by 15% in 2026. Robusta coffee price is expected to increase by 25% this year, before turning down about 9% in the following year.”
The forecast of raw coffee prices emphasizes that everything depends on the weather. The French carton wrote: “In 4 consecutive years, Brazil has been constantly drought at the right time of flowering.” “Vietnam is the world’s leading Robusta coffee producer that has also experienced extremist climates, drought early this year and the rainfall is increasingly abnormal, while coffee is a tree that needs a lot of water.” There is also one more reason according to the article, which is “speculative behavior is increasing due to instability related to tariff policies”. There is no sign that Europeans will soon be able to drink coffee with cheap prices as before.
