Coffee Prices – Historical Graph
Real-time chart of historical daily coffee prices. The prices are down in U.S. dollars per Lbs.
- The average price in the past 3 days is
- The average price in the past 7 days is
- The average price in the past 30 days is
- The average price in the past 365 days is
Popular questions about coffee prices:
Coffee Prices Explained
As you can see coffee prices are fluctuating. But why is that? And is there a way to predict the price of coffee?
Why are coffee prices fluctuating?
Historically, coffee prices record price volatility in the market. This is quite frustrating for coffee enthusiasts but beyond frustration, it’s important to note why this is continuously happening.
1. Climate Crisis
The changing and unpredictable weather temperatures greatly affect the size and quality of coffee produced. Additionally, climate disasters such as droughts and floods can adversely impact coffee production and its prices.
Brazil, the largest coffee producer in the world, expects a 30% reduction in Arabica production in the coming years due to extreme weather conditions.
2. Supply and Demand
Coffee is a largely traded commodity and its market price highly depends on the balance between supply and demand.
The rising influx of surplus coffee threatens premium coffee prices which decreases its marketability. On the flip side, the shortage of coffee beans may result in a price increase due to high demand and limited supply.
3. Production Costs
Labor, fertilizer, and transportation all add up to the factors that lead to the increase in coffee prices.
To maintain profitability, coffee farmers will sell their produce at a price rate that keeps their business livelihood.
4. Global Supply Chains Disruptions
The global pandemic in 2019 changed the course of cross-border shipping and caused major problems for farmers, producers, and shipping companies.
Until today, this is still an ongoing issue as trading policies are stricter under health and safety protocols.
Furthermore, this delay contributes to a coffee shortage which leads to a higher need and price increase.
Which variables impact the price of coffee?
- Weather Conditions
- Political Instability
- Supply and Demand
- Exchange Rates
- Production Cost
- Market Speculation
Where does coffee come from?
The coffee plant is native to Ethiopian plateau, specifically grown in Ethiopia and Sudan. Today, coffee is grown around the world, particularly in Africa, Central and South America, and Asia.
Brazil, Vietnam, Colombia, Indonesia, and Ethiopia are the top coffee producers in the international market. Commonly consumed coffee variants are Arabica and Robusta. These two differ in taste according to growing conditions.
When is the coffee season?
The coffee season differs according to variety, location, and climate. Typically, coffee trees bloom in the summer and spring and cherries ripen after several months.
In Central America, the coffee season begins November and lasts until February or March but this varies according to the country’s geographic location. Brazil’s coffee season begins from May to September or October
Vietnam’s coffee season typically runs from October until March. Vietnam is known for harvesting its coffee through handpicking.
In general, coffee is grown and harvested throughout the year but its production varies according to the country’s seasonal cycle.