GCC: Roasted Coffee Market 2024

Roasted Coffee Market Size in GCC

The GCC roasted coffee market shrank to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, enjoyed resilient growth. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Roasted Coffee Production in GCC

In value terms, roasted coffee production declined to $X in 2022 estimated in export price. In general, production, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Roasted Coffee Exports

Exports in GCC

For the fourth consecutive year, GCC recorded growth in overseas shipments of roasted coffee, which increased by X% to X tons in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, roasted coffee exports soared to $X in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. Saudi Arabia (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the roasted coffee exports, with a CAGR of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) displayed positive paces of growth. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively.

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

In the United Arab Emirates, roasted coffee exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, rising by X% against the previous year. Export price indicated a prominent expansion 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 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%. Over the period under review, the export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Roasted Coffee Imports

Imports in GCC

In 2022, roasted coffee imports in GCC rose rapidly to X tons, picking up by X% on 2021 figures. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2013 when imports increased by X%. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, roasted coffee imports amounted to $X in 2022. Overall, imports saw buoyant growth. The growth pace was the most rapid in 2013 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) prevails in imports structure, together making up X% of total imports. It was distantly followed by Kuwait (X tons) and Qatar (X tons), together creating a X% share of total imports. The following importers - Oman (X tons) and Bahrain (X tons) - together made up X% of total imports.

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

In value terms, the largest roasted coffee importing markets in GCC were the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X), together comprising X% of total imports.

In terms of the main importing countries, Saudi Arabia, with a CAGR of X%, recorded 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 import price in GCC stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Bahrain ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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