“Prices will rise significantly’: New EU regulation could cause coffee shortages. Germany imports almost 1.1 million tons of coffee every year, making it the second largest importer in the world after the USA.
The background is an EU regulation for deforestation-free supply chains proposed in November 2021. Companies must prove that no forest was cleared or damaged to manufacture products after December 31, 2020. Anyone who does not comply with the regulation must expect high penalties amounting to at least four percent of their annual turnover in the EU.