ASEAN: Roasted Coffee Substitutes Market 2024

Roasted Coffee Substitutes Market Size in ASEAN

The ASEAN roasted coffee substitutes market expanded sharply to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Roasted Coffee Substitutes Production in ASEAN

In value terms, roasted coffee substitutes production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 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 the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Roasted Coffee Substitutes Exports

Exports in ASEAN

In 2022, roasted coffee substitutes exports in ASEAN skyrocketed to X tons, rising by X% against the previous year. Total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, roasted coffee substitutes exports soared to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Thailand was the major exporter of roasted chicory and other roasted coffee substitutes in ASEAN, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. Malaysia (X tons) took the second position in the ranking, distantly followed by Indonesia (X tons). All these countries together held near X% share of total exports. Vietnam (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to roasted coffee substitutes exports from Thailand stood at X%. At the same time, Indonesia (X%), Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. While the share of Indonesia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest roasted coffee substitutes supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a slight decline. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the export price figures.

Roasted Coffee Substitutes Imports

Imports in ASEAN

In 2022, overseas purchases of roasted chicory and other roasted coffee substitutes decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a prominent increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, roasted coffee substitutes imports declined slightly to $X in 2022. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Vietnam (X tons), Singapore (X tons), Lao People's Democratic Republic (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Myanmar (X tons), mixing up a X% share of total imports. The following importers - Indonesia (X tons) and the Philippines (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest roasted coffee substitutes importing markets in ASEAN were Vietnam ($X), Lao People's Democratic Republic ($X) and Singapore ($X), with a combined X% share of total imports.

Among the main importing countries, Lao People's Democratic Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, rising by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :