Coffee prices have surged to unprecedented levels on international markets, with Arabica beans hitting $3.44 per pound. This increase of over 80% in 2023 is attributed to adverse weather conditions affecting Brazil and Vietnam, the world’s largest coffee producers. Major brands, including Nestlé, are considering price hikes in early 2025 as they can no longer absorb rising costs. Experts predict potential crop failures due to serious drought followed by heavy rainfall in Brazil, raising concerns over future supplies.