Coffee prices in Kiel are exploding: coffee is becoming a luxury good!

Coffee prices in Kiel are exploding: coffee is becoming a luxury good!

The coffee prices in Kiel are driving not only connoisseurs but also occasional connoisseurs to unimagined heights. In the traditional Heyck roasting company, the current price development is explained to customers, because the costs for coffee deliveries have literally exploded: within a year and a half they rose from 30,000 euros to the current 78,000 euros. This represents an immense challenge for the roasting company, which mainly sells coffee and also offers tea. Managing director Peter Vagt notes that the sales prices for coffee have only increased by 30 percent on average, although in reality they should have doubled. This shows a crucial difference between costs and price that has not yet fully reached consumers.

The reasons for these jumps are obvious: climate change is causing weaker harvests, while demand is increasing sharply in countries like China and India. These developments allow coffee farmers to charge higher prices, which also attracts speculators. Despite these circumstances, Heyck does not pass on the price increases in full to customers. There seems to be no end to the price increases in sight. Fortunately, most customers react understandingly to the adjustments and show interest in the reasons behind the price increases.

Long-term price forecasts

The simplest grade at Heyck, the Kiel blend, currently costs 7.60 euros for 750 grams. Ibrahim Hamada from the Bakeliet roastery in Kiel has also increased his prices, but he notices that many customers are rather hesitant. To meet the demand for cheaper coffee, he plans to offer a cheaper bean. Marietta Leonhard from the Kopiton roasting company, on the other hand, has raised her prices by an average of ten percent and is planning a further increase at the turn of the year. She believes that coffee prices will remain high in the long term, although they may fluctuate from time to time.

Kopiton is trying to cushion the price increases through clever purchasing and has therefore decided to forego the organic seal in order to save costs. Such measures illustrate the pressure that roasting companies are under to remain competitive in the future.

The challenge of price acceptance

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At a time when it is becoming increasingly difficult to find a fair price for certain products, it is crucial that consumers remain informed. Honest communication from roasters like Heyck about price trends and the underlying causes is a step in the right direction to gain and retain customer trust.

The situation shows us that we all have to adapt our consumption behavior to some extent in order to be able to enjoy our beloved coffee in the future. After all, there is hardly a better time to think about your own coffee behavior than now - with a good cup of the sparkling, awakening elixir of life.

You can find further background information on price developments and changes in the coffee trade here Article from KN Online.

In addition, there is exciting news about the new features of Google Maps in one Article from Google Blog.

And for those interested in current events and news, take a look Microsoft's news updates.