Latest Report Update: May 31, 2021

Philippines - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Philippines: Coffee Extract Market Overview 2021

Coffee Extract Market Size in the Philippines

The Philippine coffee extract market contracted dramatically to $X in 2020, with a decrease of -X% against the previous year. Overall, consumption, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Coffee extract consumption peaked at $X in 2019, and then dropped notably in the following year.

Coffee Extract Production in the Philippines

In value terms, coffee extract production totaled $X in 2020 estimated in export prices. Over the period under review, production showed a abrupt setback. Coffee extract production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Coffee Extract Exports

Exports from the Philippines

After two years of growth, overseas shipments of coffee extracts, essences and concentrates decreased by -X% to X tonnes in 2020. Over the period under review, exports saw a slight descent. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2019, and then reduced notably in the following year.

In value terms, coffee extract exports dropped to $X in 2020. Overall, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X tonnes), Hong Kong SAR (X tonnes) and Nigeria (X tonnes) were the main destinations of coffee extract exports from the Philippines, with a combined X% share of total exports. These countries were followed by Ghana, China, the U.S., Cote d'Ivoire, Papua New Guinea, Viet Nam, Saudi Arabia, Marshall Islands, Canada and Kenya, which together accounted for a further X 2007 to 2020, the biggest increases were in Cote d'Ivoire (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the key foreign market for coffee extract exports from the Philippines, comprising X% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Viet Nam, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+X% per year) and Viet Nam (+X% per year).

Export Prices by Country

The average coffee extract export price stood at $X per tonne in 2020, jumping by X% against the previous year. Overall, the export price, however, saw a pronounced descent. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Cote d'Ivoire ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced mixed trend patterns.

Coffee Extract Imports

Imports into the Philippines

In 2020, purchases abroad of coffee extracts, essences and concentrates decreased by -X% to X tonnes for the first time since 2014, thus ending a five-year rising trend. Overall, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2019, and then contracted remarkably in the following year.

In value terms, coffee extract imports fell markedly to $X in 2020. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2019, and then dropped remarkably in the following year.

Imports by Country

In 2020, Indonesia (X tonnes) constituted the largest supplier of coffee extract to the Philippines, with a X% share of total imports. Moreover, coffee extract imports from Indonesia exceeded the figures recorded by the second-largest supplier, Viet Nam (X tonnes), threefold.

From 2007 to 2020, the average annual growth rate of volume from Indonesia totaled +X%.

In value terms, Indonesia ($X) constituted the largest supplier of coffee extract to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Indonesia amounted to +X%.

Import Prices by Country

The average coffee extract import price stood at $X per tonne in 2020, increasing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Indonesia ($X per tonne), while the price for Viet Nam amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coffee extracts, essences and concentrates in the world?
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The countries with the highest volumes of coffee extract consumption in 2020 were China (935K tonnes), the U.S. (550K tonnes) and Indonesia (213K tonnes), with a combined 32% share of global consumption. Russia, Japan, Brazil, Pakistan, Bangladesh, Nigeria, Mexico and Germany lagged somewhat behind, together accounting for a further 19%.
What are the largest producers of coffee extracts, essences and concentrates in the world?
+
The countries with the highest volumes of coffee extract production in 2020 were China (902K tonnes), the U.S. (530K tonnes) and Indonesia (257K tonnes), together accounting for 33% of global production. These countries were followed by Brazil, Japan, Pakistan, Russia, Bangladesh, Viet Nam, Germany, Nigeria, Mexico and Malaysia, which together accounted for a further 25%.
What are the leading suppliers of coffee extracts, essences and concentrates to the Philippines?
+
In value terms, Indonesia ($138M) constituted the largest supplier of coffee extract to the Philippines, comprising 72% of total imports. The second position in the ranking was occupied by Viet Nam ($41M), with a 21% share of total imports.
What are the leading importers of coffee extracts, essences and concentrates from the Philippines?
+
In value terms, Hong Kong SAR ($827K) remains the key foreign market for coffee extract exports from the Philippines, comprising 25% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($400K), with a 12% share of total exports. It was followed by Viet Nam, with a 5.5% share.
What is the average export price for coffee extracts, essences and concentrates in the Philippines?
+
In 2020, the average coffee extract export price amounted to $4,860 per tonne, growing by 64% against the previous year.
What is the average import price for coffee extracts, essences and concentrates in the Philippines?
+
In 2020, the average coffee extract import price amounted to $4,175 per tonne, rising by 36% against the previous year.

Product coverage:
• Prodcom 10831210 - Coffee substitutes containing coffee
• Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee

This report provides an in-depth analysis of the coffee extract market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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