News

Coffee prices in Turkey tripled, kilogram 150 TL

Raw Common Coffee Bean
Turkiye
Published Dec 2, 2021

Tridge summary

Frost and adverse climatic conditions in the world's leading coffee producing South American countries, especially Brazil, adversely affected coffee prices. Freight costs and shipping container shortages rattling global supply chains during the pandemic are also seen as another factor driving coffee prices up. The increase in the exchange rates brought salt to the problem experienced in coffee imports, while the coffee, which was sold at 30 TL per kilogram at the beginning of the year, saw 150 TL. Coffee sellers in Eskişehir said that the kilogram price could rise to 200 TL.

Original content

"Global production shortage and frost on trees increased prices" Koray Özkılıç, a spice maker in Eskişehir, talked about the factors that caused the increase in coffee prices. Estimating that coffee prices will increase even more, Özkılıç said, "Coffee prices, neither the dollar, nor the euro, nor gold, have exceeded all of them. The reason for this is the lack of production on a global scale and the trees see frost. The pandemic has planted salt and pepper on it. Because of the coronavirus. The people to collect the seeds decreased. When they all piled on top of each other, the prices automatically climbed. Besides, the freight prices due to the instability in the market increased. Previously, a container of product was transported from abroad to a desired country between 3-5 thousand dollars, while the price of this product is now up to 20 thousand dollars. "When four unexpected events occurred, from the lowest level to the top, the prices skyrocketed. While the price of coffee ...
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