China - Roasted Chicory And Other Roasted Coffee Substitutes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoasted Coffee Substitutes Price in China - 2023
Contents:
- Roasted Coffee Substitutes Price in China (FOB) - 2023
- Roasted Coffee Substitutes Price in China (CIF) - 2023
- Roasted Coffee Substitutes Exports in China
- Roasted Coffee Substitutes Imports in China
Roasted Coffee Substitutes Price in China (FOB) - 2023
In June 2023, the average roasted coffee substitutes export price amounted to $929 per ton, standing approximately at the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 30% m-o-m. As a result, the export price attained the peak level of $1,182 per ton. From March 2023 to June 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From June 2022 to June 2023, the rate of growth in terms of prices for South Korea amounted to -0.2% per month.
Roasted Coffee Substitutes Price in China (CIF) - 2023
In June 2023, the average roasted coffee substitutes import price amounted to $3,134 per ton, with an increase of 13% against the previous month. Over the period under review, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in April 2023 an increase of 76% m-o-m. The import price peaked at $6,963 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($7,044 per ton), while the price for Japan stood at $2,897 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.9%), while the prices for the other major suppliers experienced a decline.
Roasted Coffee Substitutes Exports in China
In 2022, shipments abroad of roasted chicory and other roasted coffee substitutes decreased by -34.8% to 1.5K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, the exports reached the peak of 2.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, roasted coffee substitutes exports declined sharply to $1.5M in 2022. Overall, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 23%.
| Export of Roasted Coffee Substitutes in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,487 | 1,748 | 1,894 | 1,283 | -4.8% |
| Russia | 101 | 108 | 133 | 87.1 | -4.8% |
| Japan | 158 | 210 | 138 | 66.3 | -25.1% |
| Myanmar | N/A | 81.1 | 16.3 | N/A | -79.9% |
| Others | 8.2 | 7.4 | 5.6 | 98.6 | 129.1% |
| Total | 1,754 | 2,155 | 2,187 | 1,535 | -4.3% |
Top Export Markets for Roasted Coffee Substitutes from China in 2022:
- South Korea (1428.0 tons)
- Japan (40.1 tons)
- Russia (24.2 tons)
Roasted Coffee Substitutes Imports in China
Roasted coffee substitutes imports into China soared to 2.1K tons in 2022, jumping by 245% against the previous year's figure. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 361% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, roasted coffee substitutes imports surged to $7.9M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 336% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Roasted Coffee Substitutes in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.1 | 0.2 | 1.6 | 6.9 | 310.2% |
| South Korea | 0.2 | 0.2 | 0.2 | 0.7 | 51.8% |
| Russia | N/A | N/A | N/A | 0.3 | 0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 0.4 | 0.4 | 1.9 | 7.9 | 170.3% |
Top Suppliers of Roasted Coffee Substitutes to China in 2022:
- Japan (1916.4 tons)
- South Korea (114.2 tons)
- Russia (50.2 tons)
This report provides an in-depth analysis of the roasted coffee substitutes market in China. 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 10831270 - Roasted chicory and other roasted coffee substitutes, and extracts, essences and concentrates thereof
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 China
- 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
-
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
472
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