Hong Kong SAR, China - Roasted Decaffeinated Coffee - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Roasted Decaffeinated Coffee - Market Analysis, Forecast, Size, Trends And Insights

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Roasted Decaffeinated Coffee Price in Hong Kong SAR - 2023

Contents:

  1. Roasted Decaffeinated Coffee Price in Hong Kong SAR (CIF) - 2023
  2. Roasted Decaffeinated Coffee Price in Hong Kong SAR (FOB) - 2022
  3. Roasted Decaffeinated Coffee Imports in Hong Kong SAR
  4. Roasted Decaffeinated Coffee Exports in Hong Kong SAR

Roasted Decaffeinated Coffee Price in Hong Kong SAR (CIF) - 2023

In June 2023, the average roasted decaffeinated coffee import price amounted to $5,505 per ton, declining by -7.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 71% month-to-month. As a result, import price attained the peak level of $6,070 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($15,303 per ton), while the price for Japan ($1,509 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Macao SAR (+0.0%), while the prices for the other major suppliers experienced a decline.

Roasted Decaffeinated Coffee Price in Hong Kong SAR (FOB) - 2022

In 2022, the average roasted decaffeinated coffee export price amounted to $9,324 per ton, dropping by -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2021 when the average export price increased by 38% against the previous year. The export price peaked at $9,772 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($10,817 per ton), while the average price for exports to Macao SAR totaled $3,129 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.0%).

Roasted Decaffeinated Coffee Imports in Hong Kong SAR

For the fourth consecutive year, Hong Kong SAR recorded growth in overseas purchases of roasted decaffeinated coffee, which increased by 40% to 326 tons in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, roasted decaffeinated coffee imports surged to $1.7M in 2022. The total import value increased at an average annual rate of +5.3% 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 2021 when imports increased by 27%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Roasted Decaffeinated Coffee in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR7356677527691.5%
Italy40749.82764523.6%
New Zealand47.426.113520663.2%
Japan147180119138-2.1%
United States40.646.758.763.816.3%
United Arab EmiratesN/A48.5N/AN/A0%
Others61.072.942.448.3-7.5%
Total1,4381,0901,3831,6775.3%

Top Suppliers of Roasted Decaffeinated Coffee to Hong Kong SAR in 2022:

  1. Macao SAR (153.4 tons)
  2. Japan (96.0 tons)
  3. Italy (50.1 tons)
  4. New Zealand (13.6 tons)
  5. United States (9.8 tons)

Roasted Decaffeinated Coffee Exports in Hong Kong SAR

In 2022, shipments abroad of roasted decaffeinated coffee was finally on the rise to reach 14 tons after two years of decline. Over the period under review, exports, however, recorded a significant decrease.

In value terms, roasted decaffeinated coffee exports soared to $127K in 2022. In general, exports, however, faced a precipitous descent.

Export of Roasted Decaffeinated Coffee in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,13270.987.7117-53.1%
Macao SAR3.75.94.38.230.4%
Others11.53.3N/A1.5-49.3%
Total1,14780.192.0127-52.0%

Top Export Markets for Roasted Decaffeinated Coffee from Hong Kong SAR in 2022:

  1. China (10.8 tons)
  2. Macao SAR (2.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the roasted decaffeinated coffee market in Hong Kong SAR, 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 10831170 - Roasted decaffeinated coffee

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, 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:

  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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