Asia: Coffee Substitutes Market 2024

Coffee Substitutes Market Size in Asia

The Asian coffee substitutes market was estimated at $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Coffee Substitutes Production in Asia

In value terms, 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; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Coffee Substitutes Exports

Exports in Asia

In 2022, overseas shipments of coffee substitutes containing coffee increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, coffee substitutes exports surged to $X in 2022. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Timor-Leste prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Vietnam (X tons), achieving a X% share of total exports. Yemen (X tons) and Indonesia (X tons) followed a long way behind the leaders.

Timor-Leste was also the fastest-growing in terms of the coffee substitutes containing coffee exports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%), Vietnam (X%) and Yemen (X%) displayed positive paces of growth. Timor-Leste (X p.p.) significantly strengthened its position in terms of the total exports, while Vietnam and Yemen saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Timor-Leste ($X) remains the largest coffee substitutes supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Yemen ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Timor-Leste amounted to X%. In the other countries, the average annual rates were as follows: Yemen (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Coffee Substitutes Imports

Imports in Asia

In 2022, purchases abroad of coffee substitutes containing coffee decreased by X% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, coffee substitutes imports contracted modestly to $X in 2022. Overall, imports showed a noticeable decline. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Saudi Arabia represented the key importing country with an import of around X tons, which accounted for X% of total imports. South Korea (X tons) held the second position in the ranking, followed by Myanmar (X tons). All these countries together took near X% share of total imports. Kuwait (X tons), Palestine (X tons) and Timor-Leste (X tons) followed a long way behind the leaders.

Saudi Arabia experienced a relatively flat trend pattern with regard to volume of imports of coffee substitutes containing coffee. At the same time, Timor-Leste (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Timor-Leste emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Myanmar (X%), Kuwait (X%) and Palestine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea, Kuwait, Saudi Arabia and Timor-Leste increased by X, X, X and X percentage points, respectively.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported coffee substitutes containing coffee in Asia, comprising X% of total imports. The second position in the ranking was held by Palestine ($X), with an X% share of total imports. It was followed by Kuwait, with a X% share.

In Saudi Arabia, coffee substitutes imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Palestine (X% per year) and Kuwait (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Palestine ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform