One thing we all must keep in mind… We have all had it good with coffee for a very long time. I’ve been in the industry for 35-years and this is only the 3rd increase in that time. Coffee is also an organic product subjected to climatic conditions which affects coffee yield, coffee quality & in the end coffee price, but we won’t polish this up to be anything other than significant “volatility” since the world has ended up being over 11,000,000 sacks short of demand.
Green bean prices have received yet another hefty increase and honestly no one is sure when these increases may stop, just trying to be honest…. This is incredibly hard to take on board for everyone, nevertheless, it’s real if we wish to continue doing what we love most – Coffee At It’s Best.
Throughout 2024 all roasters had absorbed price increases, but in December – Worldwide, no roaster could absorb these increases any longer and here are some of the reasons why we are seeing these large increases. It really began with Brazil & Vietnam’s harvest being pretty much wiped out due to drought & floods, 2 of the largest coffee growers having nothing to supply the world.
The global coffee market continues to experience adverse weather conditions, rising production costs, and ongoing shipping disruptions which have led to sustained price increases across all coffee varieties.
As we move into mid-year, price fluctuations are expected to persist due to supply-demand imbalances. Producers in key regions are withholding stock amid price speculation, while importers are extending forward contracts to secure supply. This has further tightened spot market availability, pushing prices higher. Also the NZD is trading well below the USD and this is how we purchase our green beans. It is and continues to be a massive storm in a coffee cup.
Rising Production Costs
$ amount increases are dependant on quality, origins and blends.
On a side note NZ has just experienced two milk price increases in the last 3-months
Regards
Stuart
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$20.00 – $65.00
The silky smooth flavour of this coffee delivers every time.
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