Rising Coffee Prices Amid Global Supply Challenges
Coffee prices in Germany have surged significantly, driven by crop failures in major coffee-producing countries like Brazil. The price of roasted coffee increased by 12.2% in April compared to the previous year, far outpacing the general inflation rate. This spike is attributed to soaring import costs for raw coffee beans, which jumped by 53.1% year-on-year. Brazil, experiencing its hottest year on record, faced severe droughts and wildfires, severely impacting harvests and pushing up prices. As the leading supplier, Brazil accounted for 41.1% of Germany's coffee imports, followed by Vietnam, Honduras, and Colombia.
Despite these price hikes, coffee consumption in Germany has only slightly decreased. In 2024, the average German consumed 163 liters of coffee, a minor drop from the peak during the pandemic lockdowns. This resilience in demand highlights the beverage's cultural significance, even as consumers face escalating costs.
The press radar on this topic:
Harvest failure: Coffee price rises significantly stronger than inflation
Coffee prices rise significantly more than inflation
Rise in Coffee Prices: German Consumers Pay the Most for Coffee
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