SPY -0.23%
BND -0.32%
QQQ -1.19%
DIA -0.11%
VNQ -0.81%
GLD -1.74%
BTC -2.67%
AAPL +2.32%
GOOGL -1.03%
NVDA +2.39%
MSFT -2.02%
META +3.76%
AMZN -1.75%
TSLA -3.89%
UBER +0.77%
GS -0.87%
BAC +2.10%
JPM +0.99%
BRK.A +0.39%
COST -1.06%
XOM +1.52%
BABA -1.84%
WMT +1.03%
SPCX -2.60%
DIS +1.04%
F +0.18%
  • Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Economy
A worker harvesting coffee. Adverse weather conditions around the world have interrupted the crop's supply. RODRIGO ARANGUA/AFP via Getty Images

It's not your imagination: Coffee prices are up 125% since 2019 — 4 times the rate of food overall

Coffee lovers are getting a jolt they could probably do without: The price of ground coffee has more than doubled since before the pandemic, far outpacing both grocery prices and overall inflation, as the economics of their daily caffeine habit begin to bite.

Using data from the Bureau of Labor Statistics, Chart News, a Substack publication focused on data-driven stories, found that the average retail price of ground coffee has surged 125% since 2019 — climbing from $4.14 to $9.32 for a bag in July 2026. That’s down slightly from a record $9.70 in April.

Advertisement

By comparison, overall grocery prices have risen 33% since 2019. Had ground coffee simply kept pace, Chart News calculated that an average bag would cost roughly $5.50 today.

The money news that actually matters.

By signing up, you accept Moneywise Terms of Use, Subscription Agreement, and Privacy Policy.

Brewing at home is still considerably cheaper than picking up a coffee on the go, but even that daily ritual has become more expensive. Chart News estimates the cost of a home-brewed cup has climbed from around 10 cents in 2019 to about 23 cents today, more than doubling in seven years.

While coffee has been hit by many of the same pressures that sent grocery bills soaring, including pandemic-era supply-chain disruptions, higher labor and transportation costs and broader inflation, bad weather in Brazil has made matters worse.

The Brazil factor

Brazil is the world’s largest producer of arabica coffee, the variety that dominates the U.S. market. Its growers have been hit by repeated bouts of extreme weather since 2021.

Severe frost affected an estimated 8-10% of Brazil’s arabica-growing area in 2021, according to the U.S. Department of Agriculture (USDA). For the 2021-22 harvest, arabica production fell nearly 27% to 36.4 million 60-kilogram bags, down from 49.7 million a year earlier, USDA data showed.

More trouble followed in 2024, when extreme heat and prolonged drought hit Minas Gerais, Brazil’s largest arabica-growing state. Reuters, citing agronomists at the local coffee research institute Fundacao Procafe, reported that severe drought damaged coffee trees and threatened the 2025 crop even after rains returned.

With Brazil accounting for roughly 35% of global coffee production, according to USDA data, weaker harvests left less coffee available on the global market and pushed up raw coffee prices. Those higher costs eventually showed up on grocery store shelves and at coffee shops across the United States.

Brazil hasn’t been the only major coffee-producing country struggling with adverse weather. Vietnam, the world’s second-largest producer and a major source of the robusta variety of beans, has also endured high temperatures and drought. USDA reported that the country’s rainy season arrived late in 2024, while temperatures were above average in many areas.

Must Read

Join 250,000+ readers and get Moneywise’s best stories and exclusive interviews first — clear insights curated and delivered weekly. Subscribe now.

Record demand meets a trade war

Increasing global climate disruptions have come as the world’s appetite for coffee continues to grow. Global consumption is forecast to reach a record 179.7 million 60-kilogram bags in the 2025-26 marketing year, according to USDA. Much of that growth has come from the United States and the European Union.

Advertisement

Amid surging demand, tariffs put further pressure on coffee prices in 2025. The Trump administration imposed a 50% duty on Brazilian imports, including coffee, raising concerns about the cost of beans.

“A tariff of this size would all but shut down that flow,” coffee consultant Michael Nugent told Reuters ahead of the tariffs coming into force. “Brazilian exporters won’t absorb it. U.S. roasters can’t.”

Brazilian coffee remained subject to the higher duties for roughly three months before the administration exempted it in November. During that period, arabica futures climbed sharply, with Reuters reporting in September that prices had risen about 50% since the tariffs took effect.

StoneX coffee broker Tomas Araujo attributed most of the rally “to tariffs and the resulting disruption on the supply chain,” while also pointing to concerns about bad weather in Brazil.

You May Also Like

Share this:
Sam Bourgi Contributing writer

Sam Bourgi is a financial markets specialist with over a decade of experience covering investing, economics and digital assets. His work has been cited by U.S. Congress, the DOJ, the Bank for International Settlements, Bloomberg, Reuters, CNBC, Fox and Newsweek, as well as academic institutions.

more from Sam Bourgi

Explore the latest

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither investment, tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, enter into any loan, mortgage or insurance agreements or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.

†Terms and Conditions apply.