
Asia - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
Asia: Green Coffee Market 2023
Green Coffee Market Size in Asia
The Asian green coffee market expanded significantly to $X in 2021, with an increase of 5.6% against the previous year. The market value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.
Green Coffee Production in Asia
In value terms, green coffee production reached $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Vietnam (X tons) constituted the country with the largest volume of green coffee production, accounting for 60% of total volume. Moreover, green coffee production in Vietnam exceeded the figures recorded by the second-largest producer, Indonesia (X tons), threefold. The third position in this ranking was taken by India (X tons), with an 8.4% share.
From 2012 to 2021, the average annual growth rate of volume in Vietnam amounted to +2.9%. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+1.0% per year) and India (-0.2% per year).
In 2021, the average green coffee yield in Asia fell to X tons per ha, stabilizing at 2020. The yield figure increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 when the yield increased by 3.1%. The level of yield peaked at X tons per ha in 2020, and then fell slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2021, approx. X ha of coffee (green) were harvested in Asia; remaining relatively unchanged against the year before. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the harvested area increased by 2.2% against the previous year. Over the period under review, the harvested area dedicated to green coffee production reached the peak figure at X ha in 2020, and then shrank modestly in the following year.
Green Coffee Exports
Exports in Asia
For the fifth consecutive year, Asia recorded decline in overseas shipments of coffee (green), which decreased by -0.2% to X tons in 2021. Overall, exports continue to indicate a noticeable slump. The growth pace was the most rapid in 2016 with an increase of 18%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, green coffee exports expanded significantly to $X in 2021. Over the period under review, exports saw a pronounced descent. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Vietnam represented the key exporting country with an export of around X tons, which recorded 62% of total exports. It was distantly followed by Indonesia (X tons) and India (X tons), together generating a 34% share of total exports.
From 2012 to 2021, average annual rates of growth with regard to green coffee exports from Vietnam stood at -4.0%. At the same time, India (+2.2%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +2.2% from 2012-2021. By contrast, Indonesia (-1.8%) illustrated a downward trend over the same period. India (+5.1 p.p.) and Indonesia (+2 p.p.) significantly strengthened its position in terms of the total exports, while Vietnam saw its share reduced by -6.7% from 2012 to 2021, respectively.
In value terms, Vietnam ($X) remains the largest green coffee supplier in Asia, comprising 56% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 22% share of total exports.
From 2012 to 2021, the average annual growth rate of value in Vietnam stood at -5.2%. In the other countries, the average annual rates were as follows: Indonesia (-4.2% per year) and India (+0.2% per year).
Export Prices by Country
The export price in Asia stood at $X per ton in 2021, growing by 13% against the previous year. Over the period under review, the export price, however, saw a slight setback. The most prominent rate of growth was recorded in 2017 an increase of 14%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was India ($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 Vietnam (-1.2%), while the other leaders experienced a decline in the export price figures.
Green Coffee Imports
Imports in Asia
In 2021, overseas purchases of coffee (green) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by 11% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.
In value terms, green coffee imports surged to $X in 2021. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Japan represented the main importing country with an import of about X tons, which reached 30% of total imports. South Korea (X tons) took the second position in the ranking, followed by China (X tons), Malaysia (X tons), India (X tons), Turkey (X tons) and Saudi Arabia (X tons). All these countries together held near 44% share of total imports. Thailand (X tons), Vietnam (X tons), Taiwan (Chinese) (X tons), Jordan (X tons), Lebanon (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.
Japan experienced a relatively flat trend pattern with regard to volume of imports of coffee (green). At the same time, Turkey (+13.7%), the United Arab Emirates (+12.8%), Vietnam (+10.9%), Taiwan (Chinese) (+9.1%), Thailand (+8.3%), China (+7.9%), Jordan (+6.7%), Saudi Arabia (+5.8%), South Korea (+5.5%), Malaysia (+3.6%), India (+3.0%) and Lebanon (+1.2%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in Asia, with a CAGR of +13.7% from 2012-2021. Turkey (+3.1 p.p.), China (+2.8 p.p.), South Korea (+2.5 p.p.) and Thailand (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by -6.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Japan ($X) constitutes the largest market for imported coffee (green) in Asia, comprising 32% of total imports. The second position in the ranking was held by South Korea ($X), with a 15% share of total imports. It was followed by China, with a 9.2% share.
In Japan, green coffee imports shrank by an average annual rate of -3.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+4.0% per year) and China (+11.7% per year).
Import Prices by Country
The import price in Asia stood at $X per ton in 2021, increasing by 13% against the previous year. Over the period under review, the import price, however, showed a mild setback. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per ton), while India ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the other leaders experienced mixed trends in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the green coffee market in Asia. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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