Dethroned butter. Now this product is the king of the path
In May, coffee prices rose by over 20 percent, while a year ago only several percent increases were recorded. Experts argue that you will have to get used to higher product prices.
As the “price index in retail stores” report shows the report prepared by Hiper-Com Poland and the Blix Group, in May coffee prices went up by more than 20 percent. in an annual basis. Ground coffee got up to 25.1 percent year on year, and soluble by 20.3 percent Meanwhile, in the whole of 2024, the first of the products became on average by 5.4 percent. in an annual basis, and soluble coffee by only 1 percent
– This is largely the result of supply problems on the global market, mainly adverse weather conditions in South America and Asia. They deteriorated the collections of Arabica in Brazil and Robusta in Vietnam. For example, the prices of this second type of coffee in the first quarter of 2025 reached many years of Maksa due to limited supply and also increased demand in Asia. As a result, we are dealing with rising prices of raw material on stock exchanges – comments Piotr Biela from the Blix group.
Coffee will not be cheaper?
According to Marcin Luziński from Santander Bank Polska, we must get used to more expensive coffee. – The reasons are different, although the basic warming is the basic one. In addition, Russian aggression at Ukraine conquered fertilizer prices, which increased production costs. This also imposes confusion related to customs wars, which affects the directions of global transport and the disturbance of supply chains, and also weakened the dollar. This prompted the manufacturers to demand more units of this currency for their product – explains Luziński.
The expert explains that while coffee prices drops in a short time, they will continue to grow in the long run. It is planned to enter into force of EU regulations, which will require producers to prove that no forest was grubbed up during coffee. This will increase the cost of cultivation. In addition, climate change deepens and the forecasts indicate that by 2050 the coffee crop area will be twice as far as at present. This means that the coffee industry may wait for big changes. Luziński does not rule out that we will have to switch to other varieties of coffee, e.g. to liberika, which is more resistant to pests and has greater efficiency, but is less aromatic than Arabica.
