Business news from Ukraine

Business news from Ukraine

Cost of espresso increased by 11% in 2024

6 January , 2025  

Espresso in Ukraine has risen in price again: In 2024, the average price for a cup of coffee was 31 UAH, which is 11% more expensive than a year earlier, according to the Espresso Index study by Poster POS, conducted for the Opendatabot service.

According to the study, overall, espresso in Ukraine has risen in price 1.7 times since the start of the full-scale war – from UAH 19 in 2021 to UAH 33 at the end of 2024.

As of the end of December, the most expensive coffee in Ukraine, as in 2023, is drunk in Odesa region – 40 UAH per cup. In just one year, the price in the region has increased by 20%. Next comes Lviv region, where a cup of espresso costs UAH 39. The third place was taken by Volyn region, where a cup of espresso costs 37 UAH.

The cheapest coffee for the second year in a row is recorded in Khmelnytsky and Sumy regions: 28 UAH per cup.

The researchers noted that in 2024, the price of espresso rose the most – by 29% – in Vinnytsia region: up to UAH 31 per cup. Only in Kharkiv region did the cost of a cup of espresso remain unchanged at UAH 34.

“Espresso is the main component of every coffee drink, so its cost directly affects the price of any drink in a cafe,” Opendatabot explained.

The Espresso Index is an economic indicator used to measure the cost of a standard portion of espresso in different cities around the world. It can be useful for comparing the price level and cost of living in different places. Such an indicator helps to assess how big the difference in prices for the same goods and services in different countries is, reflects purchasing power and inflation, according to Poster POS.

Ukrainian restaurant automation company Poster POS is a Ukrainian restaurant automation company that is a developer of a HoReCa accounting program that is installed on tablets. More than 50 thousand establishments use the developer’s services.