Coffee: lower bean prices no relief for caffeine addicts - FT中文網
登錄×
電子郵件/用戶名
密碼
記住我
請輸入郵箱和密碼進行綁定操作:
請輸入手機號碼,透過簡訊驗證(目前僅支援中國大陸地區的手機號):
請您閱讀我們的用戶註冊協議私隱權保護政策,點擊下方按鈕即視爲您接受。
FT商學院

Coffee: lower bean prices no relief for caffeine addicts

Britons can blame a long and complicated value chain for the cost of a cappuccino
00:00

Coffee bean prices are falling. Futures for high-end arabica beans, used in espressos, briefly touched $1.88 a pound this week, a one-year low. But that does not mean caffeine addicts will get a break on the cost of their morning brew. Already the price of a premium takeaway coffee in Britain has climbed 7.9 per cent since January alone, according to ONS data.

Britons can blame a long and complicated value chain for the sticker shock. In a £2.90 cappuccino, the coffee itself only accounts for 5 per cent of the cost, or about 14.5p, says consultancy Allegra. Rent, labour, administrative overhead and taxes make up 78 per cent of the overall price. Staff costs make up the largest portion, well over a quarter. Average UK earnings are already up 5 per cent in the last year.

Any let-up in coffee bean prices is also being offset by higher milk prices. These, which make up 5 per cent of the input cost, averaged 62p a pint in September, according to the ONS. That is up by more than a third this year and is the highest since records began in 1971.

So far, consumers are not cutting back on their daily stimulants, though. Britons drink 98mn cups of coffee a day. The UK café and coffee shop market is worth $5.6bn, a 36 per cent increase from a year ago, according to consumer research group IbisWorld. IbisWorld.

Starbucks said revenue in the most recent quarter rose 9 per cent to $8.1bn thanks to price increases and demand in its key North America market. The gains came despite a steep sales drop in China — its second most important market — as a result of the country’s zero-Covid restrictions.

Like lipsticks, £4 flat whites are small indulgences that people will allow themselves during a time of belt-tightening. It is just a shame that only a fraction of the 14.5p spent on coffee beans ends up with the farmer.

版權聲明:本文版權歸FT中文網所有,未經允許任何單位或個人不得轉載,複製或以任何其他方式使用本文全部或部分,侵權必究。

矽谷在川普支援下挑戰歐盟技術規則

Meta等美國團體有了川普撐腰,試圖讓有關人工智慧和市場支配地位的歐盟規定在執行時縮水。

歐洲如何在沒有美國幫助的情況下保衛自己

歐洲各國正爭相填補安全缺口,以防川普撤走美國駐歐軍事資產。

比亞迪的戰略轉變將衝擊全球汽車製造商

比亞迪將先進駕駛輔助系統作爲標準配置,不收取額外費用,這將會削弱競爭對手的實力。

Lex專欄:歐洲天然氣面臨似曾相識的局面

除非歐洲大陸修復其潛在的能源結構,否則很難完全消除俄羅斯進口天然氣的誘惑。

蘋果悄悄轉向印度

蘋果希望在中國以外實現供應鏈多元化,印度能抓住這個機會嗎?

「莫迪-川普」能源承諾爲美國天然氣出口商帶來紅利

莫迪和川普上週同意增加美國石油和天然氣出口,這是兩國貿易關係再平衡努力的一部分。
設置字型大小×
最小
較小
默認
較大
最大
分享×