Switzerland sells the most expensive Starbucks coffee while Turkey sells the cheapest.
Cambodia and India would need more than 70 percent of the median daily wage to buy a Starbucks coffee.
In 2022, Starbucks’ net income was a notable $32.3 billion, about $3.2 billion more than in 2021.
starbucks It is one of the largest coffee chains in the world, and its prices vary depending on the geographical location, in this case, Switzerland, Denmark and Finland have the most expensive Starbucks coffees in the world.
the starbucks market
starbucks It is the most popular coffee shop globallywas founded in 1971 in Seattle, Washington by Jerry Baldwin, Gordon Bowker, and Zev Siegl, who originally began their operations selling roasted coffee beans.
This store has positioned itself in the best way, because over the years it continues to lead in sales, and part of its strategy is that it has a large number of stores around the world, and you can usually find a starbucks in each corner so that the consumer has the opportunity to buy easily as well as showing itself as a constant option since it is common to find one of its establishments, sometimes in each corner. According to Statista, the number of stores starbucks worldwide reached 33.8 thousand in 2021 (including other segments owned by the chain of coffeesuch as Siren Retail and Teavana), making starbucks in the world’s largest coffee shop chain.
Because of that, it is not surprising that starbucks is considered the most valuable fast food restaurant chain in the world, with a valuation of 45.699 million dollars, according to brand consultancy Brand Finance.
In 2022, the net income of starbucks they amounted notably to 32.3 billion dollars, some 3.2 billion more than in 2021. 2020 represented a season with few profits, these totaled approximately 23 billion dollars, according to fiscal activity.
This company has around 746 stores starbucks in 61 cities of the Mexican Republic, which represents 54.6 percent of the market for coffee shops.
Starbucks prices in Switzerland, Denmark and Finland are the highest
It is well known that precisely Switzerland, Denmark and Finlandstand out for their high costs of living, since cities such as Zurich, Geneva, copenhagen stand out as the most expensive in the world, so it’s not entirely surprising that prices for a Starbucks coffee are more excessive in these countries.
A map created by SavingSpot It showed which countries have the most expensive coffee price at Starbucks.
Where it is detailed that, including delivery applications, Google reviews, menu images and desktop research, the tall latte (12 oz) The most expensive in the world can be found in Switzerland for a price of $7.17 while the cheapest is sold in Turkey for $1.31.
After Swiss, Denmark, Finland and hong Kong They have the price of this most expensive coffee in the world is US$6.55, US$5.67 and US$5.52 respectively.
United States, has an average price, since the price of tall latte It has a cost of $3.26 dollars.
In Chile, Panama and Argentina not only have more expensive lattes than countries with higher GDP per capita like Canada, the US and Australia, but they do it for a fraction of the income.
This map made by SavingSpot has the answer to which country has the most and least expensive Starbucks coffee, for those connoisseurs who want to get the most bang for their (Star)buck—or for those who want to examine relative cost and purchasing power. pic.twitter.com/g4GTtbJyGO
— Erold Merko (@erold_merko) March 3, 2023
While Starbucks is the most popular coffee shop in the world, it’s not entirely the most expensive, as there are some really expensive brands like Black Ivory Coffee, Considered the most expensive coffee in the world, it is only produced in northern Thailand, where it is available at exclusive high-end resorts for around $50 a cup. The reason for the high price is mainly due to the extravagant processing method, which involves the digestive tract of elephants.
It is utopian to take into account that coffee prices have to be consistent with the standard of living in a certain country, since certain factors such as the minimum wage must be taken into account.
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