Australia: Roasted Coffee Substitutes Market 2024

Roasted Coffee Substitutes Market Size in Australia

The Australian roasted coffee substitutes market was estimated at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption posted resilient growth. Roasted coffee substitutes consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Roasted Coffee Substitutes Production in Australia

In value terms, roasted coffee substitutes production reached $X in 2022 estimated in export price. Overall, production recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Roasted Coffee Substitutes Exports

Exports from Australia

In 2022, overseas shipments of roasted chicory and other roasted coffee substitutes decreased by X% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, roasted coffee substitutes exports reduced markedly to $X in 2022. Overall, exports, however, recorded buoyant growth. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined notably in the following year.

Exports by Country

South Korea (X tons) was the main destination for roasted coffee substitutes exports from Australia, accounting for a X% share of total exports. Moreover, roasted coffee substitutes exports to South Korea exceeded the volume sent to the second major destination, New Zealand (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and Fiji (X% per year).

In value terms, South Korea ($X) remains the key foreign market for roasted chicory and other roasted coffee substitutes exports from Australia, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

In 2022, the average roasted coffee substitutes export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Roasted Coffee Substitutes Imports

Imports into Australia

In 2022, approx. X tons of roasted chicory and other roasted coffee substitutes were imported into Australia; dropping by X% compared with 2021 figures. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, roasted coffee substitutes imports reached $X in 2022. Overall, imports showed a slight reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons), France (X tons) and Poland (X tons) were the main suppliers of roasted coffee substitutes imports to Australia, with a combined X% share of total imports. Portugal, Switzerland, Brazil, India, Swaziland, South Korea and Germany lagged somewhat behind, together accounting for a further X%.

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

In value terms, Brazil ($X), Poland ($X) and Switzerland ($X) appeared to be the largest roasted coffee substitutes suppliers to Australia, together comprising X% of total imports.

Among the main suppliers, Switzerland, 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 average roasted coffee substitutes import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price posted resilient growth. As a result, import 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 importers, the country with the highest price was Brazil ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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