Increases in Coffee Prices from September 2024

The prices of our roasted coffee beans will increase in September 2024.

Global coffee prices are escalating at a significant pace. We have tried our best to absorb these rising costs of coffee without increasing our prices for a long time.

All the coffees that we purchased this year have been priced at a significant premium compared to previous years. Also, the price of Arabica coffee has hovered around its 5-year high for the past few months (see price chart below).

There are many factors causing coffee prices to rise. If you would like to learn more about the cause of these rising prices, here are some recent articles that are helpful to read:

• Bloomberg: Coffee Prices Will Keep Rising into 2025 (July 9, 2024)
• Financial Post: Your morning coffee is already expensive. It's about to get worse (July 24, 2024)
• Forbes: Cost Of Coffee Set To Skyrocket (April 29, 2024)
• Financial Times: Fears over coffee shortages send prices soaring to new highs (April 12, 2024)
• National Post: That coffee's going to cost you. Why java prices have skyrocketed (April 22, 2024)
• Financial Times: Coffee prices set to rise even higher, warns Italian roaster Lavazza (July 9, 2024)
• Yahoo Finance: Rising Coffee Prices a Rude Awakening for U.S. Consumers (June 4, 2024)

These above articles should help to shed some light on why coffee prices are rising so quickly. 

As a result, the prices of our roasted coffee beans will increase in September 2024.

We know it can come as a shock to learn about price increases. If you're wholesale customer, please reach out to us and we'd be happy to help and work with you to reduce the impact of global rising coffee prices on your business.