Record Coffee Imports Hit 2 Trillion Won in 2025
Korea imported coffee worth over 2 trillion won, approximately $1.38 billion, marking the first time the nation’s coffee import value surpassed the 2 trillion won threshold. The milestone underscores a year of rising global coffee prices and a weakening Korean currency, which together pushed import costs higher despite steady demand for coffee at home.
What Fueled the Rise in Imports?
Two primary factors converged to push Korea’s coffee import bill beyond the historic mark. First, global coffee prices climbed, increasing the cost of beans and related imports. Second, the Korean won weakened against major currencies, amplifying the won-denominated value of every dollar spent on coffee imports. Analysts say these macroeconomic dynamics outweighed any potential gains from domestic consumption trends.
Global Price Pressures
Volatility in international markets for arabica and robusta beans—driven by climate variability, crop cycles, and supply constraints—has raised per-kilogram prices. As Korea relies heavily on imports for its coffee supply chain, even modest price shifts translate into larger import costs when multiplied by total volumes consumed in a year.
FX Impact and Trade Considerations
The won’s depreciation has an outsized effect on import bills. When the national currency weakens, the cost of foreign goods measured in local currency climbs, even if global prices stay flat. For Korea, a traditional coffee-exporting region in Asia facing competition from other beverage markets, the currency effect can alter consumer prices and margins for roasters, retailers, and cafes.
Implications for Consumers and the Market
For consumers, higher import costs can translate into higher retail prices for coffee and related products. Cafes and roasters may seek strategies to cushion price hikes, such as hedging, diversifying sourcing, or adjusting blending practices. Meanwhile, premium and specialty coffee segments could see sustained demand as consumers prioritize perceived quality and origin stories, even as average prices rise.
Long-Term Outlook
Looking ahead, the trajectory of Korea’s coffee import value will hinge on several variables: currency movements, global harvests, and trade policies. If the won strengthens or global prices ease, the import bill could moderate. Conversely, persistent exchange rate weakness or supply disruptions could keep the spotlight on coffee costs in 2025 and beyond.
Broader Economic Context
Beyond the coffee aisle, the data on import values feeds into discussions about Korea’s current account, inflation, and consumer spending. As households grapple with inflation in multiple sectors, the coffee bill becomes a small but telling indicator of how global commodity markets and currency fluctuations shape everyday life in Korea.
Key Takeaways
- Korea’s coffee import value surpassed 2 trillion won for the first time in 2025.
- Global price increases and a weaker won were the main drivers.
- Potential impacts include higher shop prices and adjustments in sourcing strategies.
