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Why coffee could cost more for Danish consumers in 2022

The price of raw coffee beans recently reached its highest level for ten years, media in Scandinavia report, a trend which is likely to impact consumer prices in the region.

A photo of coffee beans in Denmark. Consumers in the country may soon notice a higher cost per cup.
A photo of coffee beans in Denmark. Consumers in the country may soon notice a higher cost per cup. File photo: Mathias Svold/Ritzau Scanpix

Raw coffee currently costs more than at any time in the last decade, Norwegian financial media E24 reported on Tuesday.

A doubling of the cost per kilo during the last year, reported by E24 in the summer, has been followed by further increased in recent months. The current price of 37 Norwegian kroner (28.3 Danish kroner) per kilogram is the highest for a decade, the media writes.

That is in spite of a strengthening of Norway’s currency against the US dollar, according to E24. The Danish krone is also currently strong.

Because raw coffee beans are always traded in dollars, with prices set by the New York Stock Exchange a strong exchange rate should theoretically make the beans cheaper to import to Nordic countries.

“I think we are seeing a new normal when it comes to the industrial market price of coffee,” Ola Brattås, head of imports with Norwegian chain Kaffebrenneriet, told E24.

Higher prices have already made an impression on Danish coffee companies.

Markets for the product are currently uncertain, said Lars Aaen Thøgersen, head of communication and development with Peter Larsen Kaffe.

“It’s been this way for some time. There has been uncertainty around the harvest, particularly in Brazil,” Thøgersen told news wire Ritzau.

Drought in Brazil, linked to illegal rainforest logging and climate change, is reported by E24 as a key factor in coffee prices. The International Coffee Organization’s September 2021 report also mentions weather in Brazil.

That has compounded higher transport costs and general uncertainty related to the coronavirus pandemic, he added.

Although companies like Peter Larsen can purchase coffee directly from producers and thereby avoid financial markets, they are unable to avoid knock-om effects of high market values, according to Thøgersen.

“When this happens, all supplies around us are affected. So that naturally also affects our situation,” he said.

That means consumers are likely to also feel the effects at some point down the line, the coffee company spokesperson said.

“Consumers can already feel that prices have gone up now, and it will quite likely also be felt further,” he said.

“But it should also be put into perspective, because if you calculate per cup of coffee, a consumer will only notice a few øre (difference in price),” he also noted.

Supermarket chain Coop, which owns the Kvickly, Superbrugsen and Irma stores in Denmark, is currently negotiating 2022 supplier prices. The outcome of those negotiations is not yet known,” head of information Jens Juul Nielsen told Ritzau.

“How this will be felt on store shelves, we can’t yet say,” Nielsen said.

READ ALSO: Denmark’s energy prices hit highest level for nine years

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MONEY

How to save money as a student in Denmark

Life on a student budget doesn't have to be tough in Denmark -- follow these tips to get the most out of the experience at a low price.

How to save money as a student in Denmark

Food

One of the biggest challenges as a student is working out how much money you need to dedicate to the food shop every month, and it can be easy to misjudge, run out of funds and end up living off Denmark’s popular money-saving dish — ketchup on pasta — for weeks.

Denmark has higher food prices than many other countries, which have only got more expensive in recent months, so finding the right balance can be a challenge, but there are a few tricks you can use to make it easier.

Once you have your student card, after you’ve enrolled at your university, you can use it at many restaurants and cafes to get discounts, (studierabat) including the big chains like Burger King and Bar’Sushi

 
It’s worth keeping in mind that you might be asked need to show an indskrivningsbekræftelse — confirmation of current enrolment — along with your student card. These can normally be downloaded digitally from your college or university’s self-service platform and saved onto your smart phone or printed.
If you want a unique dining experience in Copenhagen, it’s worth trying out Fællesspisning at Absalon, a former church turned community events venue in the Vesterbro district.
 
Absalon offers a communal dining initiative, where everyone pays the same to eat the same vegetarian meal together. An evening meal costs 50 kroner from Sunday to Thursday. On Friday and Saturday you get two dishes for 100 kroner. Tickets are sold online and there are often events on after the meal, which starts at 6pm. Lunch and breakfast is also available at the location but not as communal dining. 
 
 
On a student budget you won’t be eating out every day of course, but there are ways to save money on groceries. Through the app Too Good To Go, you can buy unsold food from bakeries, cafes and restaurants at their closing times, which saves on food waste, as well as your money. All you have to do is download the app, look for surplus food in your local area, arrange a pick up time, pay through the app (as little as 24 kroner) and collect. 

Menucard offers discounts at cafes, bars, restaurants if you work for a company that is a member of the scheme.

The International Student Identity Card (ISIC) gives you a 35 percent discount on your first HelloFresh meal kit delivery and 10 percent on 25 orders after that.

Coffee

Late nights are a guarantee at university, and in that scenario, coffee can be a necessity. In Denmark it doesn’t always come cheap, where you can easily pay 35 kroner or more for a cappuccino or latte.

One of Denmark’s biggest bakery chains, Lagkagehuset, offers students a 30 percent discount on all warm drinks. If you enjoy bread and pastry, it’s also worth downloading their app where you can earn points every time you spend, to then use in the bakery.

For an even cheaper cup of takeaway coffee, try 7-Eleven where anyone with a student card gets 25 percent off any size of coffee. A student card will also get you a bottle of Coca-Cola, Pepsi or Faxe Kondi for 8 kroner. 

The coffee chain Espresso House has an app you can download to pay for your coffee, which means you get 10 percent off, as well as other extra discounts and every 10th coffee for free.

If you’ve got a favourite local coffee shop, it’s well worth checking if they have any offers for students as well. For example, the Blue Bike Cafe in Copenhagen, offers a 10 percent student discount on all food and drink and Lima Aarhus has a 15 percent student discount on the entire bill, as well as 25 percent student discount on coffee every Thursday.

Travel

Denmark has a travel youth card calledungdomskort, which allows people aged 16 to 19 or in SU-eligible higher education to travel for free on bus, metro or train to and from their place of study. You can get the ungdomskort as a card or an app.

READ ALSO: SU: Can foreigners receive Denmark’s state student grant?

Other student discounts are available through the scheme, such as 20 percent off when you travel by train between regions, or travelling at a child fare rate outside your own zone area on Zealand, Lolland, Falster and Møn. DSB also offers discount prices on its orange tickets to those under the age of 26 with an ungdomskort.

With some of Denmark’s coastlines being difficult to reach by public transport, you may want to rent a car.

Car rental company Hertz offers a 15-20 percent student discount on their smaller cars as long as you are at least 19 years old and have held a driving license for 1 year.

Going further afield? Interrail Global Pass allows you to travel in up to 33 European countries for a fixed, low price for up to three months and Hotels.com gives students a 10 percent discount.

SAS offer discounts on flights on their Youth tickets, if you’re under the age of 26.  The booking agent Kilroy also offers discounts to students with the International Student Identity Card (ISIC). A student card also gets you a 10-15 percent discount on Flixbus which is a money-saving way to travel across Denmark and Europe by bus.

Sport

Watching a Danish football match is surprisingly affordable.

If you’re studying in the country’s second-biggest city and university town Aarhus, students and young people under 18 can buy an AGF season ticket for just 49 kroner a month.

In Aalborg, a ticket to watch AaB costs just 80 kroner for students. These discounted tickets can only be bought at the ticket booths at Aalborg Portland Park, which opens 1-2 hours before the start of the match.

Students are able to watch one of Denmark’s best football teams, FC Midtjylland, as well as the handball team HC Midtjylland and ice hockey team Herning Blue Fox, for just 15 kroner a ticket, thanks to a collaboration with Education Herning.

If you’d rather get involved in actually playing a sport, many amateur clubs and teams, as well as gyms and classes, have reduced rates for students, making it an affordable activity to try. University sports societies offer a range of sports usually at cheaper prices than classes open to the general public.

Culture

Theatres, museums, cinemas, concert halls can all give discounts if you show your student card. 

At Aarhus Theatre, students and people under 25 can purchase tickets to any performance on the grand stage at just 85 kroner.

An annual pass to the National Gallery of Denmark costs 195 kroner for those under the age of 27 or 95 kroner for a single ticket.

Musikhuset Aarhus has a ‘Klub Hund’ for 18-28 year olds, where tickets priced at 100 kroner are available the day before certain performances and sent to your mobile phone.

Young opera at the Royal Danish Theatre in Copenhagen (Det Kongelige Teater) is an offer for everyone between 15 and 30 years old to see four selected performances at the opera for 155 kroner per ticket. There are alternative introductions and cheap food and drinks too.

You may also want to keep up with Danish news while you’re spending time in the country. The Local offers a 50 percent student discount on Membership, giving you unlimited access to all our content for just €24.99 a year, reduced from €49.99. Find out more here.

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