Ireland: Roasted Coffee Market 2023

Roasted Coffee Market Size in Ireland

The Irish roasted coffee market stood at $X in 2021, approximately equating the previous year. Over the period under review, consumption saw a slight descent. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Roasted Coffee Production in Ireland

In value terms, roasted coffee production surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decrease. Roasted coffee production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Roasted Coffee Exports

Exports from Ireland

Roasted coffee exports from Ireland reduced to X tons in 2021, dropping by -13.2% against the previous year's figure. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 74% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, roasted coffee exports dropped to $X in 2021. In general, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 100% against the previous year. The exports peaked at $X in 2020, and then shrank in the following year.

Exports by Country

The UK (X tons) was the main destination for roasted coffee exports from Ireland, accounting for a approx. 98% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +7.9%.

In value terms, the UK ($X) also remains the key foreign market for roasted coffee exports from Ireland.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +10.7%.

Export Prices by Country

In 2021, the average roasted coffee export price amounted to $X per ton, dropping by -1.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 15%. The export price peaked at $X per ton in 2020, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +2.6% per year.

Roasted Coffee Imports

Imports into Ireland

In 2021, purchases abroad of roasted coffee decreased by -58.9% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 152% against the previous year. As a result, imports attained the peak of X tons, and then contracted rapidly in the following year.

In value terms, roasted coffee imports skyrocketed to $X in 2021. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 29% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, the UK (X tons) constituted the largest supplier of roasted coffee to Ireland, with a 48% share of total imports. Moreover, roasted coffee imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. France (X tons) ranked third in terms of total imports with a 21% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK amounted to +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.8% per year) and France (+63.1% per year).

In value terms, the UK ($X) constituted the largest supplier of roasted coffee to Ireland, comprising 48% of total imports. The second position in the ranking was held by France ($X), with a 23% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK stood at +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+61.3% per year) and Germany (+6.8% per year).

Import Prices by Country

In 2021, the average roasted coffee import price amounted to $X per ton, surging by 190% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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