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Exports of Coffee Substitutes reached a peak and are expected to keep growing in the near future. The value of coffee substitutes exports surged to $5.9M in 2023.
The growth pace peaked in August 2023 with an 84% month-to-month increase in imports. Coffee Substitutes imports saw a significant contraction to $567K in January 2024.
Imports of Coffee Substitutes surged to $428K in October 2023, showing a significant overall increase in value terms.
The most significant growth rate occurred in May 2023, with a month-to-month increase of 194% in exports. In terms of value, Coffee Substitutes exports experienced a significant decrease to $104K in October 2023.
Exports of Coffee Substitutes dropped to $197K in June 2023 in terms of value.
Coffee substitutes exports plummeted to $667K in June 2023.
In April 2023, the coffee substitutes price amounted to $4,103 per ton (FOB, South Africa), surging by 6.5% against the previous month.
In January 2023, the coffee substitutes price amounted to $4,257 per ton (CIF, Spain), remaining constant against the previous month.
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