ASEAN: Decaffeinated Coffee Market 2022

Decaffeinated Coffee Market Size in ASEAN

The ASEAN decaffeinated coffee market reduced slightly to $X in 2021, dropping by -2.5% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Decaffeinated Coffee Production in ASEAN

In value terms, decaffeinated coffee production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by 17% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Decaffeinated Coffee Exports

Exports in ASEAN

In 2021, shipments abroad of decaffeinated coffee increased by 19% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +9.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +26.8% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 74%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, decaffeinated coffee exports soared to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +35.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 61%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam represented the major exporter of decaffeinated coffee in ASEAN, with the volume of exports reaching X tons, which was approx. 85% of total exports in 2021. It was distantly followed by Indonesia (X tons), making up an 11% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to decaffeinated coffee exports from Vietnam stood at +14.8%. At the same time, Malaysia (+26.9%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +26.9% from 2012-2021. By contrast, Indonesia (-4.8%) illustrated a downward trend over the same period. While the share of Vietnam (+31 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Indonesia (-28 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest decaffeinated coffee supplier in ASEAN, comprising 80% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Vietnam totaled +15.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (-5.9% per year) and Malaysia (+17.4% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2021, with an increase of 6.4% against the previous year. Overall, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 an increase of 8.7%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+0.2%), while the other leaders experienced a decline in the export price figures.

Decaffeinated Coffee Imports

Imports in ASEAN

Decaffeinated coffee imports contracted markedly to X tons in 2021, waning by -19.9% on the year before. Over the period under review, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2016 with an increase of 66%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, decaffeinated coffee imports shrank rapidly to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 66%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Singapore (X tons) and Malaysia (X tons) prevails in imports structure, together achieving 83% of total imports. It was distantly followed by Vietnam (X tons), achieving a 6.9% share of total imports. Thailand (X tons) and the Philippines (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +12.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 83% share of total imports.

Thailand, with a CAGR of +11.6%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in ASEAN amounted to $X per ton, growing by 4.5% against the previous year. Import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, decaffeinated coffee import price decreased by -5.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the import price increased by 61% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Philippines ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+21.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

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