World Coffee prices continue to rise!
$ 7.50 for a cappuccino predicted.
Coffee Price Pressures
Coffee Prices 2026
Over the past year or so, coffee prices have continued to rise, driven by a combination of global supply chain disruptions and shortages of both green coffee beans and labor. The Green coffee bean prices alone have almost tripled over the past twelve months, with a 30% increase in the past month alone.
To date Antilles Coffee have absorbed these rising costs to avoid passing them on to our wholesale customers. However, the continued increase in production costs is now unsustainable. In addition to raw coffee beans, we are seeing significant increases in all our operational expenses — including energy, transportation, printing, packaging, insurances, property rates.
For context:
Over the past year or so, coffee prices have continued to rise, driven by a combination of global supply chain disruptions and shortages of both green coffee beans and labor. The Green coffee bean prices alone have almost tripled over the past twelve months, with a 30% increase in the past month alone.
To date Antilles Coffee have absorbed these rising costs to avoid passing them on to our wholesale customers. However, the continued increase in production costs is now unsustainable. In addition to raw coffee beans, we are seeing significant increases in all our operational expenses — including energy, transportation, printing, packaging, insurances, property rates.
For context:
- Commercial gas prices have risen by approximately 38%
- Electricity costs are up around 30%
- Freight charges have surged by 30%
Current Raw Coffee prices update ( Jan 2023)
.Coffee, sugar and Cocoa prices continue to rise. Last week Coffee futures dropped by approx.10%; only to increase by the end of the week for a net gain in price overall. Some coffees setting new record high prices.
For us the sad reality is a number of long-standing Coffee related businesses we deal with are starting to feel the pain of escalating costs of production and freighting costs etc., Some businesses have been able to survive through the COVID 19 fiasco only to be hit by massive increases in energy costs and now ever climbing interest rates. Plus, the added burden of the inability to find appropriate staff. As a result of these pressures, we have lost our Ceramic cup supplier, our ESE Pod Manufacturer and coffee machine and parts suppliers,
We have been able to continue to obtain a continuous Raw Coffee Bean supply, which is not without problems. We are having to work well into the future to procure high quality coffees of an appropriate volume. Because we are smaller family owned and operated business, we have been able to keep our retail pricing stable. Our customers both wholesale and On-line retail, continued support has allowed us to buy future coffee contracts to add some stability to our production costs.
For us the sad reality is a number of long-standing Coffee related businesses we deal with are starting to feel the pain of escalating costs of production and freighting costs etc., Some businesses have been able to survive through the COVID 19 fiasco only to be hit by massive increases in energy costs and now ever climbing interest rates. Plus, the added burden of the inability to find appropriate staff. As a result of these pressures, we have lost our Ceramic cup supplier, our ESE Pod Manufacturer and coffee machine and parts suppliers,
We have been able to continue to obtain a continuous Raw Coffee Bean supply, which is not without problems. We are having to work well into the future to procure high quality coffees of an appropriate volume. Because we are smaller family owned and operated business, we have been able to keep our retail pricing stable. Our customers both wholesale and On-line retail, continued support has allowed us to buy future coffee contracts to add some stability to our production costs.
Antilles Coffee Tamworth. NSW 2340
Ph +61 0427622272 ABN 83 669 264 043 |
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