The luxury of coffee: Coffee Worx
Coffee has been described as a “hug in a mug”. Kiwis love their hugs, and their java.
Keeping a close eye in Canterbury on the global coffee situation are Deb and Ian Riach, owners of Coffee Worx. In the industry for nearly 30 years, roasting their own beans, the couple say that the New Zealand coffee industry has entered uncharted territory. Soaring global coffee prices are hitting an all-time high on the US exchange, with no slowdown in sight.
“This means that green coffee beans are rising daily, sending shockwaves around the coffee world,” says Deb. “In the short term, coffee may become more of a luxury than the expected staple many Kiwis are accustomed to.
“The cause of this unprecedented [price] rise is not fully understood. Some surmise it may be international stockpiling for profit,” she says. “This [rising prices] coupled with a weak New Zealand dollar, is already having a major impact on our coffee roasters. Unparelleled price rises are creating supply issues as well as off-the-chart prices.
“What this means for consumers is that coffee is going to get a lot more expensive, that it will be harder to get the selection we are used to, and that at least in the short term, coffee may be more of a luxury than the expected staple we are accustomed to.”
To stock up on your supplies, head to Coffee Worx or visit the website below.
