Ireland - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Ireland - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Coffee Extract Price in Ireland - 2023

Contents:

  1. Coffee Extract Price in Ireland (CIF) - 2023
  2. Coffee Extract Price in Ireland (FOB) - 2023
  3. Coffee Extract Imports in Ireland
  4. Coffee Extract Exports in Ireland

Coffee Extract Price in Ireland (CIF) - 2023

In July 2023, the average coffee extract import price amounted to $14,643 per ton, rising by 900% against the previous month. Over the period under review, the import price enjoyed a perceptible expansion. Over the period under review, average import prices reached the peak figure at $16,508 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($42,905 per ton), while the price for Denmark ($31.0 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Coffee Extract Price in Ireland (FOB) - 2023

In July 2023, the average coffee extract export price amounted to $11,613 per ton, leveling off at the previous month. In general, export price indicated perceptible growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, coffee extract export price increased by +5.6% against May 2023 indices. The growth pace was the most rapid in April 2023 when the average export price increased by 32% month-to-month. As a result, the export price attained the peak level of $14,898 per ton. From May 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the United States ($20,829 per ton), while the average price for exports to the UK amounted to $11,226 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.5%).

Coffee Extract Imports in Ireland

In 2022, the amount of coffee extracts, essences and concentrates imported into Ireland rose sharply to 4.3K tons, increasing by 10% against the previous year's figure. Overall, imports, however, showed a mild reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 5.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coffee extract imports surged to $52M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Coffee Extract in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom29.131.131.842.513.5%
Germany3.72.21.72.2-15.9%
United States2.42.33.21.7-10.9%
Spain0.11.21.11.5146.6%
Poland0.12.11.21.2128.9%
Netherlands0.40.20.61.140.1%
Belgium0.20.10.41.176.5%
Others6.55.23.01.1-44.7%
Total42.444.543.052.47.3%

Top Suppliers of Coffee Extract to Ireland in 2022:

  1. United Kingdom (2986.6 tons)
  2. Germany (576.5 tons)
  3. Netherlands (201.4 tons)
  4. Spain (158.8 tons)
  5. Belgium (139.8 tons)
  6. Poland (122.8 tons)
  7. United States (68.0 tons)

Coffee Extract Exports in Ireland

Coffee extract exports from Ireland soared to 429 tons in 2022, growing by 35% against the previous year. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coffee extract exports totaled $4.4M in 2022. Overall, exports, however, faced a abrupt setback.

Export of Coffee Extract in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.72.03.64.02.6%
CyprusN/AN/A0.10.3200.0%
Poland0.11.1N/AN/A1000.0%
Others3.10.70.30.1-68.2%
Total7.03.83.94.4-14.3%

Top Export Markets for Coffee Extract from Ireland in 2022:

  1. United Kingdom (417.5 tons)
  2. Cyprus (7.8 tons)
  3. Poland (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coffee extract market in Ireland. 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
  • Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ireland
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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