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U.S. - Roasted Coffee - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Jun 20, 2022
U.S. Coffee Prices: What Drove the Increase?
IndexBox has just published a new report: 'U.S. - Roasted Coffee - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
The Reasons Behind the Increase in Coffee Prices
Coffee prices in the United States have been on the rise in recent months, and there are a few factors behind this trend. First, weather conditions in key coffee-producing regions have been unfavorable, leading to smaller crops. At the same time, global demand for coffee has been increasing, especially as more and more people are turning to cafes for their morning cup of joe.
In the past year, Brazil, Colombia, and Venezuela have all experienced decreased coffee production due to a variety of reasons. In Brazil, the largest producer of coffee, production has decreased due to lower than average rainfall levels. In Colombia, heavy rains have caused damage to crops, while Venezuela has been facing political and economic turmoil, which has led to a decrease in coffee production.
China is increasingly becoming a major player in the global coffee market, as its middle class grows and becomes more accustomed to Western-style coffee consumption. This increased demand has also contributed to higher prices.
So what does this mean for coffee drinkers in the US? Well, unfortunately, we can expect to see higher prices for our beloved brews in the near future.
U.S. Roasted Coffee Prices in Jan-Apr 2022
The average roasted coffee import price stood at $16,566 per ton in Apr 2022, growing by 12% against the previous month. Over the period under review, average import prices reached the maximum at $18,433 per ton in Jan 2022; however, from Feb 2022 to Apr 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In Apr 2022, the country with the highest price was Switzerland ($51,380 per ton), while the price for Brazil ($4,668 per ton) was amongst the lowest.
U.S. Roasted Coffee Imports
In Apr 2022, the amount of roasted coffee imported into the United States contracted to 8.1K tons, which is down by -9.1% compared with the previous month. In value terms, roasted coffee imports rose modestly to $135M (IndexBox estimates) in Apr 2022.
U.S. Imports by Country
In Apr 2022, Canada (3.9K tons) constituted the largest roasted coffee supplier to the United States, with a 48% share of total imports. Moreover, roasted coffee imports from Canada exceeded the figures recorded by the second-largest supplier, Italy (1.2K tons), threefold. Switzerland (1.1K tons) ranked third in terms of total imports with a 13% share.
In value terms, Switzerland ($56M), Canada ($50M) and Italy ($12M) were the largest roasted coffee suppliers to the United States, with a combined 88% share of total imports. These countries were followed by Colombia, Germany, Vietnam and Brazil, which together accounted for a further 6.9%.
Conclusion
It is evident that there are a variety of factors that have contributed to the increase in coffee prices in the United States. While some of these factors are beyond our control, such as adverse weather conditions, others, like increased demand from China, present opportunities for us to capitalize on. By understanding what has caused coffee prices to rise, we can be better prepared to make decisions that will help keep our coffee industry thriving.
This report provides an in-depth analysis of the roasted coffee market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• Prodcom 10831150 - Roasted coffee, not decaffeinated
• Prodcom 10831170 - Roasted decaffeinated coffee
Country coverage:
• United States
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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