News

Russia: Will the price of tea and coffee go up?

Raw Common Coffee Bean
Russia
Published Oct 21, 2022

Original content

Retail prices for coffee and tea in Russia reached their peak values in May-June, but then reached a plateau. The cost of tea began to gradually decline in the summer. Prices for coffee fluctuate between two and five rubles per 100 grams, follows from the data of the expert-analytical center of agribusiness "AB-Center". The center's experts note the direct dependence of prices for tea and coffee products on the situation on the world market. And there this year there is a significant increase in the cost of both. Thus, world tea prices in September 2022 increased by 21.7% compared to September 2021. Prices for Arabica coffee - by 18.8%, for Robusta coffee - by 6.6%. Russia has a similar dynamic. So, in September 2022, retail prices for long leaf black tea were at the level of 121.1 rubles per 100 grams, which is 25.5% more than in September 2021. Retail prices for green tea increased by 25.7% (up to 131 rubles per 100 grams). Instant coffee increased in price by 27.7% over the ...
Source: RG
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.