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COFFEE CRISIS IS ON THE WAY

COFFEE CRISIS IS ON THE WAY

After rising coffee prices due to adverse climatic conditions in Brazil, companies began to stock up on coffee. Hundreds of thousands of coffee plants in Brazil, the world’s largest coffee producer, have been severely damaged by drought and frost caused by the climate crisis. The price of coffee, whose production has decreased due to the climate crisis and whose supply has become difficult during the pandemic, is increasing day by day. Hard days are ahead for all coffee lovers, especially those who open their eyes to coffee. A COFFEE CRISIS IS PROJECTED While the price of a ton of coffee was 30 thousand liras last year, this year it is 60 thousand liras. The price increase cannot be prevented because while 1 kilogram of coffee was 60 lira in August, it is now 90 lira. Turkish coffee, which is sold in packages of 100 grams, has increased from 6 lira to 10 lira in the last year. While prices are like this, a coffee crisis is predicted between 2022 and 2023. “COFFEE IS PROGRESSING TO BE A LUXURIOUS CONSUMER PRODUCT” Metin Öztürk, who has been working as a representative in the coffee industry in Ankara for 17 years, stated that the producer and the consumer had difficulties with the importers holding stock, and said, “As of last January, coffee prices have seen price transitions with an average of 50 percent on the shelves. These price increases are in 2022. It seems that it will continue until the second quarter of the year. All manufacturers make their production plans according to these predictions. Naturally, coffee is progressing to be a luxury consumption product rather than a daily consumption product. All these supply and cost crises have caused many importing companies to keep their products in stock. “The fact that importers keep high stocks and expect these products to be sold when they are more expensive affects both the producer and the consumer,” he said. “BIG COMPANIES STOCK COFFEE” Cengiz Abay, who owns a coffee shop in Mecidiyeköy, stated that millions of tons of coffee are stocked and said, “I have been in the industry for about 15 years. We have been delivering products to cafes, restaurants and hotels. There has been a serious increase in coffee prices for about 6 months. “Millions of tons of coffee are being stocked. It is obvious that coffee is stocked due to the constant increase in prices in market conditions. There is no import and it is obvious that the prices of imported coffees in the domestic market are also constantly fluctuating. Big companies definitely stock up on these coffees.” said. “IF THEY WANT 50 KG, I SEND 20 KG” Can Özmen, the owner of the business that has been selling coffee in Beyoğlu since 1967, stated that he sells products below the demanded level to prevent stockpiling and said, “Everyone wants to buy the product and they don’t want to give it to a company. “If it continues like this, there will be a coffee crisis. I don’t give wholesale prices anymore because the prices are not clear. If my dealers, who are cafes and restaurants, want 50 kilograms from me so that they do not stock up, I send 20 kilograms. The main producers in Turkey also distribute in this way.” said. “PRICES WILL INCREASED MORE” Özmen stated that it will become harder to find coffee, and said, “The prices are very high right now. The reason for this is the climate change in Brazil. The cold weather and frost there affected the coffee trees. Therefore, coffee prices increased because next year’s crops It will not be as much as they want. The price of a ton of coffee was 30 thousand liras last year, this year it is 60 thousand liras. 100 grams of coffee last year was 7 liras, this year it is 10 liras. Since the main producers in Turkey cannot get the coffee they want, it will be difficult to find coffee and prices will increase even more. ” he said. “THE TIME IS COMING TO SEND 500 KG” Ayhan Yücel, who is a coffee wholesaler in İkitelli, stated that those who foresee the hike demanded coffee in advance, “2 months ago, a kilo of coffee was 60 lira today, 90 lira today. We are a manufacturer company, there are places where we supply products, and when they call us,” he said. They say, ‘There will be a raise, send 500 kilos. We send 100 kilos in order to prevent stockpiling.’ said.

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