GCC: Green Coffee Market 2024

Green Coffee Market Size in GCC

In 2022, after two years of growth, there was significant decline in the GCC green coffee market, when its value decreased by X% to $X. The total consumption indicated measured 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, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Green Coffee Production in GCC

In value terms, green coffee production amounted to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with a decrease of X%. The level of production peaked at $X in 2021, and then amounted in the following year.

Kuwait (X kg) constituted the country with the largest volume of green coffee production, accounting for X% of total volume.

In Kuwait, green coffee production plunged by an average annual rate of X% over the period from 2012-2022.

Green Coffee Exports

Exports in GCC

In 2022, the amount of coffee (green) exported in GCC soared to X tons, jumping by X% on 2021 figures. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, green coffee exports surged to $X in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), generating a X% share of total exports. Oman (X tons) held a minor share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the coffee (green) exports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%) and Saudi Arabia (X%) displayed positive paces of growth. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest green coffee supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Export price indicated a remarkable increase 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, green coffee export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then fell modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced mixed trends in the export price figures.

Green Coffee Imports

Imports in GCC

After two years of growth, overseas purchases of coffee (green) decreased by X% to X tons in 2022. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, green coffee imports expanded modestly to $X in 2022. Overall, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Saudi Arabia represented the largest importer of coffee (green) in GCC, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. The United Arab Emirates (X tons) ranks second in terms of the total imports with a X% share, followed by Kuwait (X%) and Oman (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, the United Arab Emirates, with a CAGR of X%, 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

In 2022, the import price in GCC amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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