Thailand - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Coffee Price in Thailand - 2023
Contents:
- Green Coffee Price in Thailand (CIF) - 2023
- Green Coffee Price in Thailand (FOB) - 2022
- Green Coffee Imports in Thailand
- Green Coffee Exports in Thailand
Green Coffee Price in Thailand (CIF) - 2023
The average green coffee import price stood at $3,124 per ton in September 2023, with an increase of 6.3% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +3.0%. The pace of growth appeared the most rapid in April 2023 an increase of 37% m-o-m. As a result, import price reached the peak level of $3,640 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Lao People's Democratic Republic ($3,752 per ton), while the price for Vietnam ($3,074 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+3.3%), while the prices for the other major suppliers experienced a decline.
Green Coffee Price in Thailand (FOB) - 2022
In 2022, the average green coffee export price amounted to $5,692 per ton, falling by -9.1% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green coffee export price decreased by -13.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 66%. The export price peaked at $6,568 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($7,873 per ton), while the average price for exports to Canada ($4,481 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Green Coffee Imports in Thailand
In 2022, green coffee imports into Thailand rose rapidly to 63K tons, increasing by 6.7% on 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 95% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, green coffee imports soared to $150M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 46%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Green Coffee in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 57.4 | 86.3 | 84.4 | 121 | 28.2% |
| Lao People's Democratic Republic | 7.1 | 8.2 | 17.3 | 25.8 | 53.7% |
| Indonesia | 2.6 | 4.6 | 8.0 | 1.8 | -11.5% |
| Others | 1.3 | 1.0 | 1.1 | 1.2 | -2.6% |
| Total | 68.4 | 100 | 111 | 150 | 29.9% |
Top Suppliers of Green Coffee to Thailand in 2022:
- Vietnam (56.0K tons)
- Lao People's Democratic Republic (5.1K tons)
- Indonesia (1.1K tons)
Green Coffee Exports in Thailand
Green coffee exports from Thailand reduced to 370 tons in 2022, waning by -1.6% compared with the previous year. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 30%.
In value terms, green coffee exports contracted to $2.1M in 2022. Overall, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year.
| Export of Green Coffee in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 673 | 588 | 732 | 730 | 2.7% |
| United States | 500 | 414 | 532 | 449 | -3.5% |
| Canada | 803 | 326 | 404 | 193 | -37.8% |
| Germany | 159 | 159 | 212 | 190 | 6.1% |
| Singapore | 0.9 | 6.0 | 17.3 | 181 | 485.9% |
| Netherlands | 76.7 | 109 | 120 | 124 | 17.4% |
| South Korea | 206 | 108 | 109 | 96.3 | -22.4% |
| Taiwan (Chinese) | 108 | 80.1 | 99.7 | 10.8 | -53.6% |
| Oman | 35.8 | N/A | N/A | N/A | 0% |
| Others | 141 | 116 | 127 | 130 | -2.7% |
| Total | 2,704 | 1,906 | 2,353 | 2,104 | -8.0% |
Top Export Markets for Green Coffee from Thailand in 2022:
- Japan (116.5 tons)
- United States (83.0 tons)
- Canada (43.2 tons)
- Germany (37.2 tons)
- Singapore (31.7 tons)
- Netherlands (17.1 tons)
- South Korea (14.9 tons)
- Taiwan (Chinese) (3.5 tons)
This report provides an in-depth analysis of the green coffee market in Thailand. 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:
- FCL 656 - Coffee green
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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Coffee prices remain highly volatile. In 2022, the average annual price for Arabica is forecast to decline thanks to expected production growth, while Robusta price will go up on skyrocketed demand from consumers, preferring cheaper alternatives to more expensive counterparts.
744
Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.
1607
Coffee yield figures remained robust in 2020 and coffee bean exports increased, despite the disruption to supply chains caused by the Coronavirus restrictions. Home coffee consumption surged, thereby helping to offset the slump in sales following the closure of the HoReCa segment. Average coffee prices remained growing gradually through to Q1 2021.
1800
Global green coffee consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
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Global green coffee exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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Global green coffee imports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
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In 2015, the countries with the highest levels of green coffee production were Brazil (X thousand tons), Vietnam (X thousand tons), Colombia (X thousand tons), together accounting for X% of total output.
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Brazil continued its dominance in the global green coffee trade. In 2014, Brazil exported X thousand tons of green coffee totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
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