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U.S. - Coffee Substitutes Containing Coffee - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Aug 9, 2023

Export of Coffee Substitutes in United States Drops 32% to $667K in June 2023

U.S. Coffee Substitutes Exports

Coffee substitutes exports from the United States reduced markedly to 133 tons in June 2023, declining by -39.3% compared with the month before. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in May 2023 with an increase of 76% against the previous month.

In value terms, coffee substitutes exports declined dramatically to $667K (IndexBox estimates) in June 2023. Over the period under review, exports showed a perceptible reduction. The most prominent rate of growth was recorded in March 2023 when exports increased by 73% against the previous month.

COUNTRY	Export Value of Coffee Substitutes in U.S. (thousand USD)
COUNTRY	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023
Canada	562	510	626	615	602	607	250	141	220	212	185	326	178
Barbados	59.0	19.0	N/A	73.4	15.4	59.5	N/A	33.5	27.1	203	N/A	40.9	141
Jamaica	110	161	107	49.0	136	142	N/A	165	58.0	185	203	192	81.9
Dominican Republic	N/A	91.2	91.8	N/A	N/A	N/A	N/A	113	8.4	N/A	N/A	15.1	78.5
Netherlands	N/A	N/A	N/A	N/A	N/A	N/A	37.0	3.0	N/A	N/A	N/A	N/A	45.0
Hong Kong	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	3.7	N/A	N/A	N/A	25.0
New Zealand	9.2	N/A	N/A	N/A	N/A	N/A	16.3	N/A	N/A	N/A	N/A	N/A	13.1
Cuba	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	72.8	N/A	184	9.9
United Arab Emirates	N/A	N/A	92.3	N/A	N/A	19.4	N/A	91.6	N/A	65.8	91.3	N/A	N/A
Trinidad and Tobago	84.4	101	47.5	N/A	46.7	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Belize	25.0	35.4	38.3	98.6	51.5	30.5	44.1	31.2	40.5	42.3	N/A	N/A	N/A
Others	73.7	87.7	305	63.0	312	68.4	31.8	61.6	160	113	110	217	95.2
Total	923	1,006	1,308	899	1,163	927	379	640	518	894	589	976	667

Exports by Country

Canada (48 tons), Barbados (25 tons) and Jamaica (20 tons) were the main destinations of coffee substitutes exports from the United States, together accounting for 70% of total exports. These countries were followed by the Netherlands, the Dominican Republic, Hong Kong, New Zealand and Cuba, which together accounted for a further 24%.

From June 2022 to June 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong (with a CAGR of +61.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coffee substitutes exported from the United States were Canada ($178K), Barbados ($141K) and Jamaica ($82K), together accounting for 60% of total exports. These countries were followed by the Dominican Republic, the Netherlands, Hong Kong, New Zealand and Cuba, which together accounted for a further 26%.

Hong Kong, with a CAGR of +61.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In June 2023, the coffee substitutes price stood at $5,024 per ton (FOB, US), rising by 13% against the previous month. In general, export price indicated a tangible increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, coffee substitutes export price increased by +30.5% against December 2022 indices. The pace of growth was the most pronounced in August 2022 when the average export price increased by 42% m-o-m. Over the period under review, the average export prices attained the peak figure at $6,213 per ton in September 2022; however, from October 2022 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Cuba ($12,164 per ton), while the average price for exports to New Zealand ($2,818 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+41.0%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coffee substitutes 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 10831210 - Coffee substitutes containing 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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

U.S. - Coffee Substitutes Containing Coffee - Market Analysis, Forecast, Size, Trends And Insights

Export of Coffee Substitutes in United States Drops 32% to $667K in June 2023

U.S. Coffee Substitutes Exports

Exports by Country

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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