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Brazilian coffee prices soar, may rise another 25% in the next two months

Published Feb 13, 2025

Tridge summary

The Brazilian Coffee Industry Association (Abic) forecasts a 25% increase in supermarket coffee prices in the next two months, with current 1kg traditional coffee bags costing 48.90 reais, as coffee bean prices rise. The industry is struggling to control inflation, with factors such as extreme weather damage to coffee trees, increased logistics costs, and growing global demand for coffee leading to a 224% increase in raw material costs and a 110% rise in consumer coffee prices over the past four years. The conflict in the Middle East has further increased international shipping costs, and China's becoming a major importer of Brazilian coffee has put additional pressure on the local market.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Coffee prices are likely to continue to rise, with supermarket coffee prices likely to rise another 25% in the next two months, according to the Brazilian Coffee Industry Association (Abic). Currently, a 1kg bag of traditional coffee costs about 48.90 reais, and prices may be higher in the future. Cafe owners said the industry is trying to control inflation, but it is becoming increasingly difficult to control costs as coffee bean prices continue to rise. The catering industry offers a wide variety of coffee, from hand-brewed, capsule coffee to specialty coffee, so prices vary. Caterers will look for more cost-effective ways to purchase to avoid losing customers. Why do ground coffee prices continue to rise? Pavel, chairman of the Brazilian Coffee Industry Association (Abic), Cardoso said that the cost of purchasing coffee in 2024 increased by 116.7% compared with 2023, but the market has not yet fully passed this cost on to consumers, so prices may continue to rise. It is ...
Source: Foodmate
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