Find out why the price of roasted and ground coffee has risen by more than 50% in the supermarkets of Brazil

Published 2022년 4월 11일

Tridge summary

The Brazilian Coffee Industry Association (Abic) has reported a significant increase in the price of roasted and ground coffee in 2021, with a 52% rise reported. This price hike is attributed to the rising costs of raw materials and other inputs such as gasoline, electricity, diesel oil, and packaging. As a result, consumers have changed their buying habits, opting to purchase only as much coffee as they consume at a given time, rather than stockpiling. Despite this, differentiated coffee products like espresso, beans, soluble, and gourmet coffees have not seen a decrease in sales. The high prices are expected to persice into the future due to high production costs and weather conditions impacting coffee production.

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

Original content

The price of roasted and ground coffee rose about 52% in 2021 according to data from the Brazilian Coffee Industry Association (Abic). And in order not to run out of coffee every morning, consumers stopped stocking up on the drink at home and are keeping an eye on retail promotions. For the executive director of Abic, Celírio Inácio da Silva, this increase in coffee prices for the industry is caused by the inputs. “Raw material has a weight that is between 60 and 70% of price formation, but we have other indicators that contribute, such as gasoline, electricity, diesel oil and packaging costs that directly contribute to the price formation'', he explained. See more about coffee on the special page "Sacred Grain" The director of Abic also claims that raw coffee beans have increased by 155%. The price went from BRL 415.50 in December 2020 to BRL 1,071 in December 2021. In the domestic market, Conilon coffee increased by 107.9%. Arabica rose 200% among national consumers. According ...

Source: G1globo