May 17, 2011

Nespresso Raising Coffee Capsule Price World Wide

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Nespresso is raising the price of their coffee capsules an average of 6% per capsule due to the high commodity price of coffee.

"Against a backdrop of high coffee commodity price volatility, there is a very modest price increase in different markets," said Nespresso spokesman Julian Liew.

"While I cannot go into detail for each market, I can confirm that there will be a price increase of 2 euro cents in France, but there is no price increase in Switzerland," he said.

Prices for Arabica coffee beans have nearly doubled in the past few years, and Arabica coffee is at a 14 year high of $3 per pound. Even with the price increases Nespresso is growing rapidly, and we can only hope these high coffee prices don't continue.

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Posted by Jay Brewer at May 17, 2011 7:43 AM
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