SADC: Coffee Extract Market 2024

Coffee Extract Market Size in SADC

The SADC coffee extract market expanded sharply to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Coffee Extract Production in SADC

In value terms, coffee extract production rose notably to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Coffee Extract Exports

Exports in SADC

In 2022, exports of coffee extracts, essences and concentrates in SADC amounted to X tons, growing by X% on 2021 figures. Over the period under review, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, coffee extract exports skyrocketed to $X in 2022. Overall, exports recorded strong growth. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Tanzania was the major exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by South Africa (X tons), constituting a X% share of total exports.

Tanzania was also the fastest-growing in terms of the coffee extracts, essences and concentrates exports, with a CAGR of X% from 2012 to 2022. At the same time, South Africa (X%) displayed positive paces of growth. While the share of Tanzania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, Tanzania ($X) and South Africa ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, Tanzania, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, recorded a mild shrinkage. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania totaled $X per ton.

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

Coffee Extract Imports

Imports in SADC

For the sixth year in a row, SADC recorded growth in overseas purchases of coffee extracts, essences and concentrates, which increased by X% to X tons in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its volume 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, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, coffee extract imports skyrocketed to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

South Africa dominates imports structure, amounting to X tons, which was approx. X% of total imports in 2022. Angola (X tons) took the second position in the ranking, followed by Namibia (X tons). All these countries together took near X% share of total imports. Democratic Republic of the Congo (X tons), Mauritius (X tons), Mozambique (X tons) and Zambia (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to coffee extract imports into South Africa stood at X%. At the same time, Mozambique (X%), Zambia (X%), Democratic Republic of the Congo (X%), Namibia (X%), Mauritius (X%) and Angola (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. While the share of South Africa (X p.p.) and Democratic Republic of the Congo (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Namibia (X p.p.) and Angola (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported coffee extracts, essences and concentrates in SADC, comprising X% of total imports. The second position in the ranking was taken by Namibia ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

In South Africa, coffee extract imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Angola (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :