Coffee breaks price records: why the popular drink is getting more expensive

Published Mar 7, 2025

Tridge summary

Droughts in coffee-producing countries and a decrease in global supply have led to a significant increase in world coffee prices, which has also affected the cost of coffee in Ukraine. The average consumer prices for coffee in Ukraine rose by over 5% in March compared to the previous month. The price hike is attributed to the global trend, drought in Ukraine, inflation, cost of electricity, and workers' wages. The coffee industry is responding to the price surge by reducing purchases. The cost of Arabica may drop by 30% by the end of the year due to expected good harvest and reduced demand, but the industry may continue to face significant losses until then.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

World coffee prices have risen sharply due to droughts in producing countries and a reduction in supply on the market. This is reflected in the cost of the drink in Ukrainian supermarkets. As economic expert Oleg Pendzin told UNIAN in a comment, while coffee bean prices on the world market have jumped 3.5 times, in Ukraine the cost of a cup of coffee has risen relatively little: "The increase in coffee prices in Ukraine is due to the increase in coffee prices on the world market, huge droughts in traditional coffee bean-producing countries, and a sharp decrease in coffee supply on the world market. Therefore, everything is objective. Look at what is happening on world markets - coffee is jumping like crazy." According to the Ministry of Finance portal, average consumer prices for coffee in Ukraine in March increased by more than 5% compared to the previous month. The expert noted that due to the increase in the price of Arabica, coffee shops are increasingly using cheaper ...

Source: Unian