Coffee Prices 2025, Size, Trend, Graph, News and Forecast
North America
In Q4 2024, the North American coffee market experienced a sharp price surge, primarily due to a shortage of imports from Brazil and Colombia—two of the world's leading coffee producers. Severe droughts in Brazil and excessive rainfall and landslides in Colombia disrupted harvests and exports, tightening global supply. Despite these constraints, demand in North America remained steady, amplifying the impact of reduced availability and pushing prices higher.
Asia-Pacific
Coffee prices in the Asia-Pacific region rose significantly in late 2024, driven by tight supplies, strong global demand, and adverse weather. Vietnam, the region’s top producer, saw harvest delays and quality issues due to Tropical Storm Trami and persistent off-season rains in the Central Highlands. Although export volumes declined by 10.8%, revenues jumped 40.1% in October due to elevated prices. Rising fertilizer costs added further pressure to production. With global supply disrupted and international demand firm, Asia-Pacific solidified its position as a key player in the coffee trade, with Vietnam’s export revenue projected to reach $5.6 billion in 2024.
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Europe
European coffee prices surged in Q4 2024 amid constrained global supply from Brazil and Vietnam. Brazil’s historic drought and Vietnam’s extreme weather led to reduced output and export delays, tightening supply lines to Europe. While consumption remained stable, these supply shocks heightened market volatility and drove prices upward. The European market continues to feel the ripple effects of ongoing production challenges in key sourcing regions.
South America
Coffee prices in South America, particularly in Brazil and Colombia, climbed markedly in Q4 2024 due to persistent weather disruptions and rising production costs. Brazil grappled with drought and El Niño conditions that strained crops, while Colombia saw increased production supported by resilient varieties, despite dry weather. Record exports from Brazil and strong international demand—especially ahead of the holiday season—added further price pressure. High input costs, including fertilizer, and logistical bottlenecks contributed to continued price volatility across the region.
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