Natural disasters are expected to lead to more volatile food prices throughout 2025, according to supply chain analysts. The highest price rises in the previous years had been seen in cocoa and coffee, up 163% and 103%.
Climate change is likely to lead to food shortages across the globe. Research by Inverto recently found steep rises in the prices of a number of food commodities in the year to January that are connected to unexpected atmospheric conditions.
Last year has already been declared as the hottest year on record. The trend of higher temperatures seems to be continuing into 2025, too. The research noted that a long-term trend in the direction of more extreme natural disasters is going to cause price spikes.
The climate crisis is making things difficult for farmers in the region responsible for about 70% of global cacao production. The decline in production has resulted in an increase in the price of cocoa, the main ingredient in chocolate.
