The coffee industry is facing significant challenges due to rising costs and tariffs. Chris Kornman, director of education at Royal Coffee, shares insights on how these factors affect both suppliers and customers. Royal Coffee imports beans from over 30 countries and has recently raised café prices to cope with increased costs. The situation is further complicated by climate change and the ongoing high prices of coffee beans.
• Royal Coffee raised drink prices by 50 cents, except for a low-cost dark roast.
• Tariffs have increased import costs by 10%, erasing profit margins.
• Coffee prices are at historic highs due to bad weather in major producing countries.
• There is a risk of cheaper coffee being diluted with non-coffee products as prices rise.
This situation matters because it highlights the need for sustainable practices in the coffee industry. As costs rise, consumers may need to adjust their expectations. Increased awareness of fair pricing can help support coffee producers and ensure a more equitable industry.
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