Asia: Roasted Coffee Market 2024

Roasted Coffee Market Size in Asia

The Asian roasted coffee market fell modestly to $X in 2022, remaining stable against the previous year. The total consumption indicated a temperate expansion 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, consumption decreased by X% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Roasted Coffee Production in Asia

In value terms, roasted coffee production dropped slightly to $X in 2022 estimated in export price. The total production indicated a noticeable 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Roasted Coffee Exports

Exports in Asia

Roasted coffee exports soared to X tons in 2022, with an increase of X% compared with 2021. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, roasted coffee exports soared to $X in 2022. Overall, exports saw a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Malaysia (X tons), distantly followed by Vietnam (X tons), the United Arab Emirates (X tons), Turkey (X tons), Armenia (X tons), China (X tons) and Indonesia (X tons) represented the major exporters of roasted coffee, together committing X% of total exports. Singapore (X tons), Syrian Arab Republic (X tons), Lebanon (X tons), Japan (X tons), Jordan (X tons) and Hong Kong SAR (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to roasted coffee exports from Malaysia stood at X%. At the same time, the United Arab Emirates (X%), Syrian Arab Republic (X%), Turkey (X%), Jordan (X%), Armenia (X%), Japan (X%), Indonesia (X%), Hong Kong SAR (X%), China (X%), Vietnam (X%) and Lebanon (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia, the United Arab Emirates, Turkey and Syrian Arab Republic increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

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

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

Roasted Coffee Imports

Imports in Asia

In 2022, overseas purchases of roasted coffee increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, roasted coffee imports expanded sharply to $X in 2022. In general, imports recorded prominent growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, South Korea (X tons), Taiwan (Chinese) (X tons), China (X tons), Saudi Arabia (X tons), Israel (X tons), Turkey (X tons), the United Arab Emirates (X tons), Japan (X tons), Hong Kong SAR (X tons), Malaysia (X tons) and Singapore (X tons) represented the largest importer of roasted coffee in Asia, comprising X% of total import.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest roasted coffee importing markets in Asia were South Korea ($X), China ($X) and Japan ($X), together comprising X% of total imports. The United Arab Emirates, Israel, Saudi Arabia, Turkey, Taiwan (Chinese), Singapore, Hong Kong SAR and Malaysia lagged somewhat behind, together accounting for a further X%.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

The import price in Asia stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. The level of import peaked in 2022 and is likely to see gradual 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 South Korea ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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