A cup of coffee or a bag of beans bought from a cafe is costly, right? But coffee lovers should know that their cuppa may soon get a tad more expensive. And no, it’s not just about rising milk prices. Global weather problems, lower coffee production and high export demand are also contributing to the concern. Here’s what we know so far.
Coffee To Get Expensive In India?
India’s coffee output is expected to fall short due to below-normal rainfall during the fourth month of the monsoon season. The lack of proper rain has taken a toll on coffee crops. According to Moneycontrol, production is expected to reach about 380,000 metric tonnes in the year ending March, which is more than 5% below the Coffee Board’s earlier estimate.
You would like to know that India exports around 70% of the coffee it produces, and 70% of its output comprises Robusta beans. This shortfall could be a concern for global buyers. Plus, fluctuating rainfall in Karnataka, which is India’s largest coffee-producing state, has significantly affected coffee production.
A smaller harvest could lead to problems with the supply of coffee beans available for export. This, in turn, could force buyers and shippers to pay more for coffee beans, which may eventually affect their prices in India, too.
Also Read: Delhi Winters Call For Coffee, Comfort Food And Cosy Corners At Cortasso
What It Means For Your Cuppa?
When global coffee prices rise, Indian farmers and sellers may also push up the prices of the coffee they sell locally. Though milk is not the main reason, it can also play a part. Milk has become pricier, along with other raw materials. Specialty and craft coffee brands use better-quality beans and eco-friendly packaging. Their fancy marketing can also raise the price per cup or bag.
Coffee culture, especially in cafes, is growing at a fast pace in India. People prefer ordering their lattes and cappuccinos at an aesthetic cafe instead of simply relying on instant coffee. It’s not just coffee, but other options like matcha, hojicha and ube are also slowly gaining momentum in the market. According to Moneycontrol, rainfall will be critical in determining the size of the next harvest. Better rainfall could provide some relief to producers and, of course, consumers too.
Also Read: 4,500 Books, Coffee & Fine Dining: Inside Nita Ambani’s The Library At NMACC
Do you like drinking coffee?
Cover Image Courtesy: Canva Pro/franz12
