THE filter coffee is the most expensive coffee in Greece, according to Pricefox research about coffee prices in Greece.
According to the same survey on prices in six Greek cities (Athens, Thessaloniki, Patras, Larissa, Volos and Heraklion of Crete) coffee prices in 2024 show increases in minimum prices in almost all genres, while the highest values appear to be significantly reduced compared to 2023.
Filter coffee fetches the highest prices in all cities with cappuccino freddo following. On the contrary, the cheapest coffee that one can order from the platform is Greek coffee.
Patras: The smallest price differences
In Patrasthe most expensive coffee is the filter coffee for 2.50 euros.
Greek and espresso remain cheaper, which, however, increased in cost with a minimum price of 1.40 euros, while in the same period last year they cost only 1.00 euros and 1.30 euros respectively.
The prices for Fredo Espresso have also increasedbut not so much with a maximum price of 2.03 euros.
In general, coffee prices in Patras are more stable. You will easily find in the city center coffees from 1.40 euros to 2.50 euros, which is not found in any of the other cities.
Attica: Coffee from 1.30 to 3.40 euros
In Attica this year, coffee prices seem to calm down, as the Pricefox team did not find any coffee that reaches 3.5 euros. Filter coffee is by far the most expensive, since one can find it for up to 3.40 euros. On the other hand, the cheapest coffee, as in most areas of the survey, is Greek with a minimum price of 1.30 euros.
Athenians in 2024 do not pay less than 1.30 euros or more than 3.40 euros for their coffee, buying their coffee cheaper than in 2023.
What is interesting is that the shops with the highest prices were more conservative in 2024 than in the same period in 2023. Specifically, they reduced their highest prices from 0.10 euros to 0.65 euros, while the lowest market prices remained relatively stable.
For example, the consumer can find Fredo Cappuccino with an average price of 2.4 euros in October 2024, significantly lower than last year which had an average price of 3.05 euros. Similarly, Fredo Espresso fell to 2.15 euros from 2.7 euros in October of 2023.
Thessaloniki: Prices fell below 3 euros
In the co-capital, Pricefox found that the price range for coffee has shrunk. That is, compared to 2023, the prices in the most expensive shops decreased and the prices in the cheapest shops increased.
For example, the most expensive coffees in the city, filter coffee and Fredo Cappuccino, reach 3 euros, but in 2023 they will exceed 4 euros. On the contrary, the Greek together with the espresso, which are the cheapest coffees in the city, increased their lowest prices from 0.40 euros and 0.50 euros respectively.
Therefore, the people of Thessaloniki do not see this year the big differences in the prices of their shops that they saw last year.
And now it’s hard to find coffee for delivery that costs more than 3 euros.
Larissa: Only espresso prices remained stable
In Larissa, the Greek City of Coffee, it seems that almost all prices for different types of coffee have increased, except for espresso which remains stable at 1.85 euros. The people of Larissa are paying more for their coffee this year compared to 2023. The most expensive coffee in Larissa is Fredo Cappuccino at 2.80 euros, increased by 0.40 euros compared to 2023. The prices of cappuccino and Fredo Espresso. The cheapest coffee, however, starts at 1.50 euros and is Espresso and Greek.
In general, one can order a coffee for 2.80 euros in Larissa.
Volos: The cheapest Greek coffee
Filter coffee is also the most expensive coffee in Volos, reaching up to 2.90 euros. Very closely followed by Fredo Cappuccino, which with an increase of 0.30 euros from last year, reaches 2.80 euros this year. The cheapest Greek coffee is in Volos at the price of 1.30 euros.
Only in Athens can one find such a price. As in the rest of the cities, here too, the minimum prices of coffees, except for the filter, increased by 0.10 euros to 0.20 euros, reaching 1.90 euros. This means that this year in Volos, one pays more for almost all kinds of coffee, than one paid at the same time last year.
Heraklion, Crete: Greek coffee cheaper by 0.80 euros in the most expensive shop
In Crete, filter coffee takes the lead as the most expensive coffee, with a maximum price of 2.70 euros, while the cheapest is again the Greek coffee at 1.60 euros.
In Crete, the difference between the lowest and the highest prices seems to be decreasing significantly, keeping their difference below 1.00 euros.
The minimum prices for all types of coffee range from 0.10-0.40 euros, reaching 2 euros, while a simultaneous decrease in the maximum prices is observed. The biggest decrease, by 0.80 euros, was observed in the higher price of the Greek.
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Most popular coffee in Greece
Greek Coffee Prices: A Tale of Two Trends
As the latest Pricefox research on coffee prices in Greece reveals, the nation’s beloved coffee culture is experiencing a dual trend – while the highest values are significantly down from the previous year, minimum prices are on the rise. This interesting dichotomy raises questions about the factors influencing these shifts and what they might mean for coffee lovers across the country.
Filter Coffee: The Consistent Leader
One constant remains in the survey’s findings: filter coffee is the most expensive coffee in Greece, with prices ranging from 2.50 euros in Patras to 3.40 euros in Attica. This consistency suggests that filter coffee’s unique characteristics and production process continue to command a premium price in the market.
The Shift in Pricing Dynamics
However, the survey also highlights significant changes in pricing dynamics, particularly in cities like Thessaloniki, where the price range for coffee has shrunk due to decreases in the highest prices and increases in the lowest prices. This phenomenon is a result of the market’s self-regulation, where competition and consumer pressure force businesses to adjust their prices to remain competitive.
Stability in Patras, but Increases in Larissa
Patras stands out as a city with remarkably stable coffee prices, with a tighter range of 1.40 to 2.50 euros. This stability is a testament to the city’s balanced market, where coffee prices have not fluctuated dramatically. On the other hand, Larissa experiences increases in most coffee prices, with the exception of espresso, which remains stable at 1.85 euros. This raises concerns about the impact of inflation on consumer purchasing power in Larissa.
Average Price Reductions in Attica
The survey also highlights Attica as a region where the highest prices have decreased, resulting in a more affordable range of 1.30 to 3.40 euros. This is welcome news for Athenians, who are now paying less for their coffee than in the previous year.
Why the Shift?
Several factors might be contributing to these changes in coffee prices. Changes in consumer demand, competition, and market conditions could be driving the price shifts. Additionally, the country’s economic situation and adjusting to the recent changes in market and values, and regulations could also be influencing the price fluctuations.
Conclusion
The latest Pricefox research offers a nuanced view of coffee prices in Greece, highlighting the diversity of trends and shifts in the market. While some cities experience stability, others see significant changes in pricing dynamics. As the coffee industry continues to evolve, it will be interesting to observe how these trends develop and how businesses and consumers respond to these changes.
Ultimately, this research serves as a reminder that the coffee market is complex, influenced by a multitude of factors. By understanding these shifts and trends, both coffee enthusiasts and businesses can better navigate the market and make informed decisions about their coffee purchases and offerings.
