
Eastern Asia - Coffee (Decaffeinated and Roasted) - Market Analysis, Forecast, Size, Trends and Insights
Eastern Asia: Market for Coffee (Decaffeinated or Roasted) 2023
Market Size for Coffee (Decaffeinated or Roasted) in Eastern Asia
In 2021, after three years of growth, there was decline in the East Asian decaffeinated or roasted coffee market, when its value decreased by -2.7% to $X. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +37.4% against 2017 indices. The level of consumption peaked at $X in 2020, and then dropped slightly in the following year.
Production of Coffee (Decaffeinated or Roasted) in Eastern Asia
In value terms, decaffeinated or roasted coffee production declined modestly to $X in 2021 estimated in export price. The total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +43.9% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 24% against the previous year. The level of production peaked at $X in 2020, and then dropped slightly in the following year.
Exports of Coffee (Decaffeinated or Roasted)
Exports in Eastern Asia
In 2021, overseas shipments of coffee (decaffeinated or roasted) increased by 25% to X tons for the first time since 2016, thus ending a four-year declining trend. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of 466% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.
In value terms, decaffeinated or roasted coffee exports expanded remarkably to $X in 2021. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 409% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
China (X tons) and Japan (X tons) represented the main exporters of coffee (decaffeinated or roasted) in 2021, resulting at near 40% and 30% of total exports, respectively. Taiwan (Chinese) (X tons) took the next position in the ranking, followed by South Korea (X tons), Hong Kong SAR (X tons) and Macao SAR (X tons). All these countries together held near 30% share of total exports.
From 2012 to 2021, the biggest increases were in Japan (with a CAGR of +15.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Japan ($X) remains the largest decaffeinated or roasted coffee supplier in Eastern Asia, comprising 51% of total exports. The second position in the ranking was held by China ($X), with a 25% share of total exports. It was followed by Taiwan (Chinese), with a 13% share.
From 2012 to 2021, the average annual growth rate of value in Japan stood at +17.8%. In the other countries, the average annual rates were as follows: China (-0.8% per year) and Taiwan (Chinese) (+13.0% per year).
Export Prices by Country
The export price in Eastern Asia stood at $X per ton in 2021, dropping by -9.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 51% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2020, and then fell in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+2.1%), while the other leaders experienced more modest paces of growth.
Imports of Coffee (Decaffeinated or Roasted)
Imports in Eastern Asia
In 2021, supplies from abroad of coffee (decaffeinated or roasted) increased by 11% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 159% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.
In value terms, decaffeinated or roasted coffee imports totaled $X in 2021. Overall, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 91%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, South Korea (X tons) and China (X tons) were the key importers of coffee (decaffeinated or roasted) in Eastern Asia, together committing 65% of total imports. It was distantly followed by Japan (X tons), Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons), together creating a 34% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +17.4%), while imports for the other leaders experienced more modest paces of growth.
In value terms, South Korea ($X), China ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 87% of total imports.
Among the main importing countries, China, with a CAGR of +18.0%, recorded 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
The import price in Eastern Asia stood at $X per ton in 2021, rising by 3.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 32% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Korea ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+1.3%), while the other leaders experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for decaffeinated or roasted coffee in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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