GCC: Decaffeinated Coffee Market 2022

Decaffeinated Coffee Market Size in GCC

In 2021, the GCC decaffeinated coffee market increased by 0.9% to $X, rising for the seventh consecutive year after two years of decline. Over the period under review, consumption, however, enjoyed a buoyant increase. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Decaffeinated Coffee Production in GCC

In value terms, decaffeinated coffee production reduced to $X in 2021 estimated in export price. Overall, production enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 71%. Over the period under review, production reached the maximum level at $X in 2020, and then fell in the following year.

Decaffeinated Coffee Exports

Exports in GCC

Decaffeinated coffee exports soared to X tons in 2021, picking up by 16% against the previous year. Total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +13.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +27.4% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 88% against the previous year. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, decaffeinated coffee exports fell to $X in 2021. Over the period under review, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 55% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then contracted in the following year.

Exports by Country

In 2021, Saudi Arabia (X tons) was the major exporter of decaffeinated coffee, constituting 56% of total exports. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Oman (X tons). All these countries together held near 39% share of total exports. Kuwait (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were in Oman (with a CAGR of +41.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the largest decaffeinated coffee supplier in GCC, comprising 61% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 27% share of total exports. It was followed by Kuwait, with an 8.5% share.

In Saudi Arabia, decaffeinated coffee exports increased at an average annual rate of +14.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+20.1% per year) and Kuwait (+17.1% per year).

Export Prices by Country

In 2021, the export price in GCC amounted to $X per ton, falling by -19.4% against the previous year. Over the period under review, the export price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2020 when the export price increased by 37%. As a result, the export price reached the peak level of $X per ton, and then fell dramatically 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 Kuwait ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.1%), while the other leaders experienced more modest paces of growth.

Decaffeinated Coffee Imports

Imports in GCC

After four years of growth, supplies from abroad of decaffeinated coffee decreased by -6% to X tons in 2021. Over the period under review, imports, however, showed moderate growth. The pace of growth was the most pronounced in 2017 when imports increased by 63%. Over the period under review, imports attained the peak figure at X tons in 2020, and then dropped in the following year.

In value terms, decaffeinated coffee imports totaled $X in 2021. In general, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 62% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in years to come.

Imports by Country

In 2021, Saudi Arabia (X tons) was the largest importer of decaffeinated coffee, committing 69% of total imports. It was distantly followed by Oman (X tons), the United Arab Emirates (X tons) and Qatar (X tons), together committing a 28% share of total imports. Bahrain (X tons) took a relatively small share of total imports.

Saudi Arabia experienced a relatively flat trend pattern with regard to volume of imports of decaffeinated coffee. At the same time, Oman (+16.7%), the United Arab Emirates (+10.8%), Bahrain (+8.5%) and Qatar (+8.4%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of +16.7% from 2012-2021. From 2012 to 2021, the share of Oman, the United Arab Emirates and Qatar increased by +9.4, +4 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported decaffeinated coffee in GCC, comprising 74% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 10% share of total imports. It was followed by Oman, with a 5.9% share.

In Saudi Arabia, decaffeinated coffee imports increased at an average annual rate of +6.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+6.7% per year) and Oman (+13.8% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, increasing by 21% against the previous year. Import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, decaffeinated coffee import price increased by +72.1% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

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