The journey from coffee bean to cup through choppy waters
The journey from bean to cup is often taken for granted. However, recent events show the fragility of this supply chain and the impact of international conflict on the price of a cup of coffee.
Red Sea attacks disrupt coffee trade flows
With the expansion of the war in Gaza, tensions in the Red Sea have affected the prices of all goods transported from Asia and East Africa to Europe and vice versa.
The role of Houthi rebels in the global coffee economy
The recent increase in delays in sea freight shipments and the blockage of critical shipping lanes by the actions of Houthi rebels are having a major impact on coffee around the world. Commercial ships are following alternative routes, which make transporting coffee more expensive. This is causing transportation costs and insurance premiums to rise sharply.
Rising coffee prices
The Houthi rebels thus have a significant impact on coffee prices in 2024. The attacks have disrupted trade flows and increased shipping costs. Geopolitical tensions and conflicts can thus have a direct impact on global trade and economy.
Coffee St-Michel in Antwerp stands for high-quality and affordable coffee for your business or care center in all circumstances. That’s why we offer a wide range of coffee products from around the world. Feel free to contact us for more information about our offerings. We will be happy to assist you.
