MERCOSUR: Roasted Coffee Market 2023

Roasted Coffee Market Size in MERCOSUR

In 2021, the MERCOSUR roasted coffee market increased by 7.9% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Roasted Coffee Production in MERCOSUR

In value terms, roasted coffee production expanded rapidly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 15%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Roasted Coffee Exports

Exports in MERCOSUR

Roasted coffee exports expanded sharply to X tons in 2021, surging by 5.3% compared with 2020. Over the period under review, exports showed a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by 39%. The volume of export peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, roasted coffee exports soared to $X in 2021. Total exports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +32.1% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of 38% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Colombia was the main exporter of roasted coffee in MERCOSUR, with the volume of exports accounting for X tons, which was approx. 68% of total exports in 2021. It was distantly followed by Brazil (X tons), comprising a 29% share of total exports. Peru (X tons) followed a long way behind the leaders.

Exports from Colombia increased at an average annual rate of +6.4% from 2012 to 2021. At the same time, Peru (+26.0%) and Brazil (+10.6%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +26.0% from 2012-2021. From 2012 to 2021, the share of Brazil increased by +6.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) remains the largest roasted coffee supplier in MERCOSUR, comprising 72% of total exports. The second position in the ranking was held by Brazil ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Colombia totaled +3.6%. In the other countries, the average annual rates were as follows: Brazil (+5.0% per year) and Peru (+25.6% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, rising by 16% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Colombia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (-0.3%), while the other leaders experienced a decline in the export price figures.

Roasted Coffee Imports

Imports in MERCOSUR

Roasted coffee imports soared to X tons in 2021, with an increase of 33% against 2020. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 60%. The volume of import peaked in 2021 and is likely to continue growth in years to come.

In value terms, roasted coffee imports surged to $X in 2021. Over the period under review, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Chile (X tons) and Brazil (X tons) represented the largest importers of roasted coffee in MERCOSUR, together recording approx. 60% of total imports. Venezuela (X tons) took the next position in the ranking, followed by Argentina (X tons). All these countries together held near 27% share of total imports. The following importers - Peru (X tons), Paraguay (X tons) and Uruguay (X tons) - each amounted to a 7.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Venezuela (with a CAGR of +48.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) were the countries with the highest levels of imports in 2021, together comprising 87% of total imports. These countries were followed by Venezuela, Peru, Uruguay and Paraguay, which together accounted for a further 9.1%.

Venezuela, with a CAGR of +35.6%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, stabilizing at the previous year. In general, the import price, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2017 an increase of 9.2%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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