Lavatza Company predicts coffee prices will continue rising over the next two years

Lavazza, the Italian company and one of the world's largest coffee roasting companies, expects coffee prices to continue rising over the next two years due to market volatility and supply shortages. The company emphasized that market stability will require two strong production seasons in Brazil and Vietnam, along with rebuilding global inventories. Ongoing weather fluctuations, declining global stocks, and the return of the El Niño phenomenon have contributed to a roughly 30% increase in Arabica coffee prices since June, with coffee futures in New York experiencing their largest single-day surge in 26 years.

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