Eastern Asia: Roasted Coffee Substitutes Market 2024

Roasted Coffee Substitutes Market Size in Eastern Asia

The East Asian roasted coffee substitutes market stood at $X in 2022, standing approx. at the previous year. The total consumption indicated a tangible 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, consumption increased by X% against 2019 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Roasted Coffee Substitutes Production in Eastern Asia

In value terms, roasted coffee substitutes production expanded slightly to $X in 2022 estimated in export price. The total production indicated a notable 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 increased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Roasted Coffee Substitutes Exports

Exports in Eastern Asia

In 2022, overseas shipments of roasted chicory and other roasted coffee substitutes increased by X% to X tons, rising for the fifth year in a row after five years of decline. In general, exports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, roasted coffee substitutes exports skyrocketed to $X in 2022. Total exports indicated resilient 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, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from China (X tons), South Korea (X tons) and Japan (X tons), together accounting for X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Japan (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest roasted coffee substitutes supplying countries in Eastern Asia were Japan ($X), South Korea ($X) and China ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Japan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Export price indicated strong growth from 2012 to 2022: its price 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, roasted coffee substitutes export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 mixed trends in the export price figures.

Roasted Coffee Substitutes Imports

Imports in Eastern Asia

In 2022, purchases abroad of roasted chicory and other roasted coffee substitutes decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, roasted coffee substitutes imports rose significantly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Korea (X tons) was the key importer of roasted chicory and other roasted coffee substitutes, mixing up X% of total imports. China (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%). The following importers - Taiwan (Chinese) (X tons) and Hong Kong SAR (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, China (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, South Korea and Taiwan (Chinese) increased by X, X and X percentage points, 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 Eastern Asia were China ($X), South Korea ($X) and Japan ($X), with a combined X% share of total imports.

Among the main importing countries, China, 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

In 2022, the import price in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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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