Brazil: Coffee Extract Market 2024

Coffee Extract Market Size in Brazil

The Brazilian coffee extract market contracted to $X in 2022, which is down by X% against the previous year. In general, consumption saw a slight slump. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Coffee Extract Production in Brazil

In value terms, coffee extract production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Coffee Extract Exports

Exports from Brazil

In 2022, coffee extract exports from Brazil rose modestly to X tons, growing by X% on the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, coffee extract exports soared to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for coffee extract exports from Brazil, accounting for a X% share of total exports. Moreover, coffee extract exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. Argentina (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Argentina (X% per year).

In value terms, the United States ($X) remains the key foreign market for coffee extracts, essences and concentrates exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average coffee extract export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, recorded a noticeable descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United Arab Emirates ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coffee Extract Imports

Imports into Brazil

In 2022, approx. X tons of coffee extracts, essences and concentrates were imported into Brazil; dropping by X% compared with 2021 figures. In general, imports, however, showed pronounced growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, coffee extract imports fell notably to $X in 2022. Over the period under review, imports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X tons), the Netherlands (X tons) and the UK (X tons) were the main suppliers of coffee extract imports to Brazil, together comprising X% of total imports. France, South Korea, Mexico and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, Spain ($X), the UK ($X) and France ($X) appeared to be the largest coffee extract suppliers to Brazil, with a combined X% share of total imports. The United States, the Netherlands, Mexico and South Korea lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Mexico, with a CAGR of X%, saw the highest growth rate of 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

The average coffee extract import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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