:. Food Industry News

Categories: Food Ingredients News

German Coffee Sales Stable, Supermarkets Cut Price

Source: Reuters
24/07/2009

Hamburg, July 23 - German retail coffee sales in 2009 are stable despite the economic slowdown but a price war among supermarkets has further intensified, the head of Germany's coffee industry association DKV said on Thursday.

Daily News Alerts

"Coffee sales are showing themselves to be secure against the crisis," association chief executive Holger Preibisch told Reuters in an interview.

"We are experiencing a very stable market demand overall with a light tendency towards growth."

German retail coffee trends seen in recent years were continuing so far in 2009, with strong growth being experienced in espresso drinks and single portion coffee drinks, he said.

Espresso sales had risen 20 percent on the year in 2008 partly because of increased popularity of drinks such as latte macchiato and cappuccino in cafes and coffee shops for which espresso is the basis.

Sales of new generations of automatic coffee machines for both household and catering use was boosting demand for single portion drinks.

Some demand weakness was being noted in isolated regions which had been especially hard hit by the economic slowdown, Preibisch said. Catering sales in companies were also sometimes hit by the large number of firms on short-time working.

"But coffee sales in the German market overall so far this year are stable or experiencing a light rise," he said.

Earlier this year, Germany's powerful discount supermarket chains started using coffee as a special offer to tempt people into shops. This trend had now spread to non-discount supermarkets and other retailers, Preibisch said.

"We are currently experiencing that supermarkets of all types are using coffee as a loss leader or special article on a permanent basis," he said.

Last week, one German discount supermarket chain cut a leading branded roast coffee price by 32 percent for a standard 500 gramme pack to 2.88 euros ($4.10), almost the same level as supermarket own brand prices of around 2.50 euros.

Average German retail price for a 500 gramme pack in 2008 was 3.84 euros.

Retail prices for a standard 500 gramme pack included some 1.30 euros in taxes as Germany has a special coffee tax as well as value added tax.

Preibisch made no comment on whether German coffee roasters could still achieve profits at such low prices.



GO   View more articles on this subject


More Alerts from 24/07/2009


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
German Coffee Sales Up but Costs Squeeze Roasters
New Espresso Drinks Help German Coffee Sales Rise
Germany's Tchibo Mulls Exit from Britain
German Cartel Office Raids Coffee Makers
German Coffee Roaster Tchibo Plans Eastern Europe Expansion
German Coffee Sales Rise but Roaster Profits Slump
German Coffee Industry Warns of Retail Price Rises
Wholesale German Coffee Prices on the Rise (DJ)
Germany's Tchibo to Sell More Fair Trade Coffee
UK Firm to Build Soluble Coffee Plant in Germany

More in Food Industry News
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
Brenntag Changes 2.5 Bln Euro Loan to Allow IPO
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Ferrero, Hershey Would Likely Break up Cadbury
Indonesia's Astra Agro Revises Up CPO Forecast
Cocoa Supplier Olam to Benefit from Consolidation Among...

Top Headlines
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Cocoa Supplier Olam to Benefit from Consolidation Among...
Avebe and National Starch Food Innovation to Expand...
Auchan Backs Hypermarkets as Rivals Rethink
Ferrero Could Eye Cadbury Gum, Candy Unit
Dole Food Posts Wider Q3 Loss
Fonterra Sells Stake in UK Joint Venture to Arla
Imperial Sugar Company Closes Three-Way Joint Venture...
PepsiCo to Invest $100 Million in Egypt in 2010
Ex-Parmalat Auditors Settle US Investor Lawsuit
Tesco in Broadband Push as Reaches Beyond Groceries
India Sugar Protest Forces Parliament to Shut
Kerry Group Keeps Full Year Earnings Growth Forecast
Nestle Professional to Acquire Vitality Foodservice
Pinnacle Foods Acquires Birds Eye Foods for USD 1.3...
DSM Makes Great Strides in Production Processes for...
Russian Grocer X5 Plans Higher 2010 Capex
Brazil: Laep in Talks to Sell Dairy Plant to Nestle
SunOpta Announces Opening of Natural and Organic Sesame...
Products Comprising, and Uses of, Decarboxylated Phenolic...
Process for the Preparation of Packaged Heat-Preserved...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228