Coffee prices both Arabica and Robusta would decline in 2024 due to increased supply from major produc-ing countries, such as Brazil, Vietnam and Colombia. Arabica coffee prices saw a decline of 14% in 93 of 2023 and are currently around 30% lower than last year. This trend anticipated to continue into 2024 as Brazil and Colombia are ramping up production by about 14%. Robusta coffee prices rose by 2% during 93 and are 17% higher than last
year. Robusta coffee prices likely to remain tight on reduced production in Uganda and Indonesia. But increased production in Vietnam could likley to ease the situation and prices would likely to ease.