South Africa - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoffee Extract Price in South Africa - 2023
Contents:
- Coffee Extract Price in South Africa (CIF) - 2023
- Coffee Extract Price in South Africa (FOB) - 2023
- Coffee Extract Imports in South Africa
- Coffee Extract Exports in South Africa
Coffee Extract Price in South Africa (CIF) - 2023
In July 2023, the average coffee extract import price amounted to $12,536 per ton, rising by 5.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in February 2023 an increase of 12% m-o-m. Over the period under review, average import prices hit record highs in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($19,282 per ton), while the price for Russia ($2,708 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 South Korea (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee Extract Price in South Africa (FOB) - 2023
The average coffee extract export price stood at $6,146 per ton in July 2023, picking up by 13% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 22% month-to-month. Over the period under review, the average export prices hit record highs at $6,624 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Seychelles ($6,255 per ton), while the average price for exports to Botswana ($3,501 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Coffee Extract Imports in South Africa
Coffee extract imports into South Africa was estimated at 13K tons in 2022, picking up by 8.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, coffee extract imports surged to $106M in 2022. The total import value increased at an average annual rate of +14.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Coffee Extract in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.4 | 5.4 | 20.1 | 21.4 | 58.2% |
| South Korea | 12.7 | 12.3 | 14.1 | 18.5 | 13.4% |
| Spain | 13.7 | 17.0 | 14.1 | 15.1 | 3.3% |
| Netherlands | 20.4 | 26.7 | 9.7 | 14.5 | -10.8% |
| Czech Republic | 0.8 | 1.0 | 9.0 | 12.2 | 148.0% |
| France | 6.9 | 8.3 | 9.9 | 9.6 | 11.6% |
| Switzerland | 1.8 | 6.9 | 4.9 | 6.7 | 55.0% |
| Poland | 1.8 | 2.0 | 2.1 | 2.4 | 10.1% |
| Brazil | 1.4 | 1.4 | 1.0 | 1.6 | 4.6% |
| United Kingdom | 3.6 | 1.8 | 1.6 | 1.4 | -27.0% |
| Others | 2.6 | 2.0 | 3.2 | 2.6 | 0.0% |
| Total | 71.2 | 84.8 | 89.8 | 106 | 14.2% |
Top Suppliers of Coffee Extract to South Africa in 2022:
- South Korea (2.9K tons)
- Germany (2.5K tons)
- Spain (1.9K tons)
- Netherlands (1.5K tons)
- Czech Republic (1.5K tons)
- France (0.7K tons)
- Poland (0.5K tons)
- Switzerland (0.5K tons)
- Brazil (0.2K tons)
- United Kingdom (0.1K tons)
Coffee Extract Exports in South Africa
In 2022, overseas shipments of coffee extracts, essences and concentrates decreased by -10.8% to 2.7K tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -37.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. As a result, the exports attained the peak of 4.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, coffee extract exports reduced to $17M in 2022. Over the period under review, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 106% against the previous year. As a result, the exports reached the peak of $25M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Coffee Extract in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 2.5 | 3.0 | 3.4 | 4.5 | 21.6% |
| Mauritius | 1.2 | 2.7 | 2.0 | 2.2 | 22.4% |
| Zambia | 1.4 | 1.7 | 1.6 | 2.0 | 12.6% |
| Mozambique | 1.6 | 1.3 | 1.9 | 2.0 | 7.7% |
| Zimbabwe | 0.8 | 1.1 | 2.3 | 1.6 | 26.0% |
| Botswana | 1.1 | 1.3 | 1.7 | 1.5 | 10.9% |
| Malawi | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| Swaziland | 0.8 | 0.4 | 0.3 | 0.3 | -27.9% |
| Others | 2.5 | 13.4 | 3.6 | 2.1 | -5.6% |
| Total | 12.3 | 25.2 | 17.4 | 16.9 | 11.2% |
Top Export Markets for Coffee Extract from South Africa in 2022:
- Namibia (764.0 tons)
- Botswana (352.3 tons)
- Mauritius (346.7 tons)
- Zambia (309.9 tons)
- Mozambique (304.8 tons)
- Zimbabwe (259.8 tons)
- Malawi (94.0 tons)
- Swaziland (48.6 tons)
This report provides an in-depth analysis of the coffee extract market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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