Overview

• Retail coffee prices in Germany have risen sharply since January, with branded coffee beans increasing by up to 43%.
• Supermarket own-brand coffees have seen price hikes of 28-30% compared to the start of the year, according to Smhaggle data.
• Environmental challenges in Brazil, including drought and poor harvest forecasts, have driven up raw material costs, contributing to the price surge.
• Tchibo adjusted its prices in February, raising them by €0.50 to €1 per pound depending on the variety.
• Long-term trends show coffee prices have been steadily increasing since 2022, with some products now costing nearly 84% more than three years ago.