PARLIN, N.J., Oct. 4 /PRNewswire/ -- Gourmet coffee retailer
TastesofTheWorld.net has secured a new supply of Jamaica Blue Mountain gourmet
coffee for the 2005 holiday season. Jamaican coffee crops have been
devastated by hurricanes for two years in a row and Jamaican wholesale coffee
prices have increased 30 percent already.
Hurricane Ivan hit the island of Jamaica in September 2004 and damaged
both crops and coffee industry infrastructure, followed by Hurricane Dennis in
July of 2005, which damaged crops again and took out bridges between coffee
crops and coffee production and roasting facilities. Retailers who have not
already secured orders from the major Jamaican coffee producers are unlikely
to get new orders until late 2006.
Hurricane Katrina missed Jamaica but nearly wiped out New Orleans Port
facilities, where much coffee is imported into the U.S. and warehoused before
being roasted and distributed. The New Orleans port facilities are currently
operating at 20 percent of capacity, and coffee production there will have to
move to other available facilities, likely to increase coffee prices. Weather
has severely affected the coffee industry this year and prices are likely to
rise noticeably on several varieties.
Jamaican coffee is recognized as one of the best coffees in the world. It
is grown and harvested with the highest standards of gourmet coffee
production, which guarantees the richest, most flavorful low-acidity coffee
with a hint of sweetness and exquisite bold aroma.
Gourmet coffee retailers who carry the expensive Jamaica Blue Mountain
coffees are prepared to increase prices to as much as $50 per pound to the
U.S. consumer. Prices may rise even further next year due to high demand for
the coveted premium gourmet coffee. TastesofTheWorld.net received a shipment
of Jamaican coffee before the price increases and will keep their retail
prices down until this shipment sells out.
The Japanese currently import 85 percent of all Blue Mountain coffee
produced, according to the Jamaican government. Japanese prices sometimes
approach $62 per pound, and Jamaican coffee is so highly prized there that it
is sold for as much as $15 a cup to Japanese consumers. With demand so high
from Japan, they may seek to secure more of the remaining limited and storm-
devastated Jamaica Blue Mountain blend and drive prices even higher for U.S.
gourmet coffee consumers by reducing availability.
Jamaica Blue Mountain gourmet coffee crops affected by severe weather in
the Caribbean will force 2006 prices upward. Prices of gourmet Jamaica Blue
Mountain coffees and the effects on the Jamaican coffee industry can be
discussed in the Coffee Talk Forum at http://www.tastesoftheworld.net/talk/.
About Tastes of The World
Tastes of The World coffee company focuses on specialty gourmet coffee not
readily available in the U.S. Rare gourmet coffee is their business so they
make shopping with them risk-free: "If you are happy, tell a friend; if you
are not, tell us."
http://www.tastesoftheworld.net/Jamaican-coffee-prices.html
E-mail: CustomerService@tastesoftheworld.net
1-877-895-2662
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SOURCE Tastes of The World
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