The Specialty Coffee Retail Price Index (SCRPI)* is being developed by researchers at Social Enterprise @ Goizueta to track the retail prices charged by a representative group of North American specialty coffee roasters
In the second quarter of 2017, the SCRPI fell 2.9%. The average price for roasted specialty coffees at the end of June 2017 was $23.02 per pound. This breaks down into an average of $16.62 per pound for the lowest-priced coffees (-0.9%), and $29.41 for the highest-priced coffees (-4.0%) sold on the websites of the SCRPI roasters.
The year-over-year change in specialty coffee prices – from the second quarter of 2016 to the second quarter of 2017 – was -4.0%. This breaks down into a 1.4% increase for the lowest-priced coffees, and a 6.7% decrease for the highest-priced coffees.
The corresponding ICO Composite Price for green coffee fell to $1.24 per green pound in June 2017. Thus, as retail prices for specialty coffees fell 2.9%, commodity prices fell by 7.0% during the second quarter of 2017. Year over year, as average retail prices for specialty coffees fell 4.0%, the ICO Composite Price decreased by 6.3%.
* In the third quarter of 2014, the number of SCRPI roasters fell from 60 to 59, as Green Mountain Coffee was acquired by Keurig. In the first quarter of 2015, the number fell to 58 because the Supreme Bean website went inactive. In the last quarter of 2015, Stone Cup Roasting was not selling roasted coffee on-line, reducing the number of active SCRPI roasters to 57.
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