3 ms·
It’s complex. Demand is outstripping supply in something economists like to call The Coffee Paradox which actually has a book on the subject by the same name:
by happytiger 3y ago
It’s complex. Demand is outstripping supply in something economists like to call The Coffee Paradox which actually has a book on the subject by the same name:
https://www.amazon.com/Coffee-Paradox-Markets-Commodity-Development/dp/1842774573#:~:text=They%20do%20so%20by%20analysing,and%20other%20'sustainable'%20coffees https://www.amazon.com/Coffee-Paradox-Markets-Commodity-Deve....
More information on the short term and long term issues here:
https://financialpost.com/financial-times/peak-coffee-global-thirst-grows-trouble-brewing https://financialpost.com/financial-times/peak-coffee-global...
https://m.economictimes.com/small-biz/trade/exports/insights/coffee-prices-poised-to-climb-with-bean-shortfall-nearing-third-year/articleshow/97160098.cms https://m.economictimes.com/small-biz/trade/exports/insights...
But the most pressing issues long term are best summarized by this article which if you read nothing else is probably the best answer to your question:
https://econreview.berkeley.edu/a-world-without-coffee-the-story-behind-a-possible-impending-coffee-crisis/ https://econreview.berkeley.edu/a-world-without-coffee-the-s...
To boot, coffee is a monoculture and deeply vulnerable like bananas.