For these reasons.. the price of global beverage raised in 2022
Increase in global beverage prices in 2022, except for cocoa
Shrouq
A report OF The Ministry of Trade and Industry revealed that beverage prices rose globally last year, compared to 2021, with the exception of cocoa.
The report revealed that the maximum increase in the price of “Arabica” coffee was by 24.7%, to reach $5.6 per kilo, compared to $4.5 in 2021.
For these reasons, the price of drinks will rise in 2022
the Ministry of Industry stated, in its report issued this month, titled “Price Trends of the Most Important Global Commodities in 2022,” that the list of high prices included “Colombo” tea, then “Mombasa” tea, and “Robusta” coffee, at rates of 23.7%, 15.9%, and 15%. .3%, respectively.
The report attributed the rise in Mombasa tea prices as a result of the drought that swept Kenya, which led to a decrease in the tea crop in the high central regions, where the amount of rainfall fell by less than half the usual average. After China and Kenya due to agricultural pests.
Cocoa price decreased by 1.3%
According to the report, the price of cocoa decreased by 1.3% to reach 2.3% in 2022, compared to $2.4 per kilo in 2021.
The Ministry of Industry stated, in its report issued this month, titled “Price Trends of the Most Important Global Commodities in 2022,” that the list of high prices included “Colombo” tea, then “Mombasa” tea, and “Robusta” coffee, at rates of 23.7%, 15.9%, and 15%. .3%, respectively.
The report attributed the rise in Mombasa tea prices as a result of the drought that swept Kenya, which led to a decrease in the tea crop in the high central regions, where the amount of rainfall fell by less than half the usual average. After China and Kenya due to agricultural pests.
Cocoa price decreased by 1.3%
According to the report, the price of cocoa decreased by 1.3% to reach 2.3% in 2022, compared to $2.4 per kilo in 2021.
The report monitored the rise in energy prices last year, as it confirmed that energy prices witnessed a record rise, as the price of natural gas reached an unprecedented level, with an increase of 150.3%, reaching $40.3 per million thermal units, compared to $16.1 per million units in 2021.
This was followed by an increase in the prices of liquefied natural gas, then American natural gas, by 70.3% and 65.3%, respectively.
rise in natural gas
The report quoted the “OAPEC” organization as saying that the rise in natural gas prices was caused by the recovery of demand in the major consuming markets, which are the United States, China, India and most European countries, as well as a reduction in production by major natural gas producers, as a response to the repercussions of the Corona pandemic, and achieving a balance between Supply and demand, in addition to many companies reducing their capital and operating budget compared to what was planned as a result of fluctuating market conditions, which led to a decrease in the value of the new investment.
