Lavazza warns cheaper coffee is still at least two years away

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Lavazza warns cheaper coffee is still at least two years away
Photo: Andre Penner AP/TT

At least two years of strong coffee harvests and a significant global stock build-up are needed to eliminate the supply shortages that are driving volatile coffee prices, according to Lavazza.

The historic coffee price peak in 2025, at over $4.41 per pound (about 454 grams), was caused by drought and frost damage in major coffee-producing countries such as Brazil and Vietnam.

The price has fallen sharply since then. But despite good harvest news, it has gained new momentum after a warning in June about the El Niño weather phenomenon. In July, it has risen from $2.40 to $3.50 per pound in volatile trading.

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TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

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