Economics of coffee

Coffee Prices Skyrocket: Climate Crisis and Supply Woes Fuel Soaring Costs

Coffee prices are expected to continue their upward trajectory, driven by a combination of factors including climate change impacts, disruptions in supply chains, and new regulatory requirements within the EU, according to Giuseppe Lavazza, chairman of Italian coffee giant Lavazza.

Greece's coffee industry grows despite financial crisis

Greece's coffee industry is rapidly growing, with the coffee lovers widening, according to latest figures from the International Coffee Organization (ICO).

Among the world's 20 biggest coffee drinkers, Greece ranked 17th with 5.4 of annual coffee consumption per capita, data from the ICO showed.

Romania 26th European country in terms of coffee consumption

The Romanian coffee market reached 420 million euros in 2014, with an annual average per capita consumption of 2.3 kilograms, placing the country 26th in Europe by this indicator, according to a recent study released on Thursday by PwC Romania.

Photo credit: (c) Cristian NISTOR / AGERPRES ARCHIVE