Asia: Roasted Coffee Substitutes Market 2024

Roasted Coffee Substitutes Market Size in Asia

The Asian roasted coffee substitutes market was estimated at $X in 2022, picking up by X% against the previous year. The market 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. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Roasted Coffee Substitutes Production in Asia

In value terms, roasted coffee substitutes production expanded to $X in 2022 estimated in export price. The total output 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. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Roasted Coffee Substitutes Exports

Exports in Asia

After three years of growth, shipments abroad of roasted chicory and other roasted coffee substitutes decreased by X% to X tons in 2022. Total exports indicated a perceptible 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 most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, roasted coffee substitutes exports soared to $X in 2022. Total exports indicated a resilient increase 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 2018 indices. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

India dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. China (X tons) ranks second in terms of the total exports with a X% share, followed by South Korea (X%). Thailand (X tons), Japan (X tons) and Malaysia (X tons) followed a long way behind the leaders.

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

In value terms, India ($X) remains the largest roasted coffee substitutes supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

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

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

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

Roasted Coffee Substitutes Imports

Imports in Asia

After three years of growth, supplies from abroad of roasted chicory and other roasted coffee substitutes decreased by X% to X tons in 2022. Total imports indicated a tangible 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, roasted coffee substitutes imports expanded significantly to $X in 2022. Total imports indicated noticeable 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, South Korea (X tons) was the main importer of roasted chicory and other roasted coffee substitutes, comprising X% of total imports. China (X tons) ranks second in terms of the total imports with a X% share, followed by Vietnam (X%), the United Arab Emirates (X%), Japan (X%), Singapore (X%) and Lao People's Democratic Republic (X%). The following importers - Malaysia (X tons), Myanmar (X tons), Taiwan (Chinese) (X tons), Kazakhstan (X tons), Palestine (X tons) and Jordan (X tons) - together made up X% of total imports.

South Korea experienced a relatively flat trend pattern with regard to volume of imports of roasted chicory and other roasted coffee substitutes. At the same time, the United Arab Emirates (X%), Lao People's Democratic Republic (X%), Vietnam (X%), Jordan (X%), China (X%), Palestine (X%), Taiwan (Chinese) (X%), Malaysia (X%), Singapore (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Myanmar (X%) and Japan (X%) illustrated a downward trend over the same period. China (X p.p.), the United Arab Emirates (X p.p.), Vietnam (X p.p.), Lao People's Democratic Republic (X p.p.), Myanmar (X p.p.), Singapore (X p.p.), Malaysia (X p.p.), Jordan (X p.p.), Taiwan (Chinese) (X p.p.) and Palestine (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea and Japan 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, the largest roasted coffee substitutes importing markets in Asia were China ($X), South Korea ($X) and Japan ($X), with a combined X% share of total imports. Vietnam, Lao People's Democratic Republic, the United Arab Emirates, Singapore, Kazakhstan, Jordan, Palestine, Taiwan (Chinese), Malaysia and Myanmar lagged somewhat behind, together accounting for a further X%.

Lao People's Democratic Republic, with a CAGR of X%, 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 2022, the import price in Asia amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

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 Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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