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Bean shortage drives up cost of even the cheapest cup of coffee

Bloomberg
Bloomberg • 3 min read
Bean shortage drives up cost of even the cheapest cup of coffee
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The global cost-of-living crunch has pushed coffee drinkers to get their fix from cheaper brews. But a shortage of robusta beans is making it increasingly difficult to find a budget-friendly cup.

While many coffee lovers prefer the high-quality arabica beans sold in cafes, robusta is normally less expensive because the tree is hardier and requires less care, making it easier to produce in large quantities. The variety is often used in instant coffee, espressos and ground blends sold at supermarkets, which have experienced a comeback as cash-strapped consumers seek alternatives.

Key growers, however, are finding it difficult to keep up with the surge in demand, with wholesale prices this week hitting the highest level in nearly twelve years.

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