Cristina Scocchia: l’aumento del prezzo del caffè una ''tempesta perfetta'' tra clima e geopolitica
☕ Cristina Scocchia, CEO of illycaffè, notes a 15% increase in coffee cup prices over the past three years, now averaging €1.50. New York Stock Exchange's coffee price index surged to 250-252 cents per pound last week—a 70% rise from last year and up from 110 cents in December 2021. This spike, attributed to climate change and geopolitical issues, could lead to reduced coffee-growing areas by 2050 and potential mass migration from countries like Ethiopia, affecting 2-5 million farmers.
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