The coffee market in Greece is experiencing unprecedented price increases that have reached historic highs of the last 45 years. According to ELSTAT data, coffee prices recorded an increase of 18.5% from August 2024 to August 2025, transforming Greeks’ favorite beverage into a luxury item.
Read: Eurostat: Inflation 3.1% in Greece in August – Stable at 2.4% in the EU
Factors driving coffee price increases
The situation in the Greek coffee market is influenced by multiple factors. International prices for the dominant Arabica and Robusta varieties have skyrocketed to levels not seen in five decades. Meanwhile, the Special Consumption Tax and high VAT applied in Greece further burden the final price to consumers.
The Hellenic Coffee Association has highlighted the need to abolish the special consumption tax to provide relief to consumers from rising costs. This abolition proposal could significantly reduce the final price of coffee in the Greek market.
International developments and coffee futures
Coffee futures contracts show a 50% increase since early August, signaling further price rises. The main reasons for this explosive growth include:
• Prolonged drought in Brazil affecting crop yields
• US tariffs on supplies from South America
• Dramatic shrinkage of global coffee reserves
Impact on consumers and the market
Continuous price increases are forcing Greek consumers to reconsider their habits. Many are turning to more economical alternatives, such as supermarket coffee, while others are reducing their daily consumption. Climate change, reduced yields in major producing countries, and geopolitical tensions create a complex puzzle that directly affects coffee prices globally.
The Hellenic Coffee Association continues to push for relief measures, with the abolition of the special consumption tax being a priority for supporting both consumers and businesses in the sector.
