
Scandinavia - Coffee (Decaffeinated and Roasted) - Market Analysis, Forecast, Size, Trends and Insights
Scandinavia: Market for Coffee (Decaffeinated or Roasted) 2023
Market Size for Coffee (Decaffeinated or Roasted) in Scandinavia
In 2021, the Scandinavia decaffeinated or roasted coffee market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a slight decrease. The most prominent rate of growth was recorded in 2017 when the market value increased by 6.7%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Production of Coffee (Decaffeinated or Roasted) in Scandinavia
In value terms, decaffeinated or roasted coffee production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2017 with an increase of 10%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Exports of Coffee (Decaffeinated or Roasted)
Exports in Scandinavia
In 2021, overseas shipments of coffee (decaffeinated or roasted) increased by 11% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.
In value terms, decaffeinated or roasted coffee exports surged to $X in 2021. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Sweden represented the largest exporter of coffee (decaffeinated or roasted) in Scandinavia, with the volume of exports recording X tons, which was approx. 60% of total exports in 2021. Denmark (X tons) took the second position in the ranking, followed by Finland (X tons). All these countries together held approx. 38% share of total exports. Norway (X tons) held a relatively small share of total exports.
Sweden experienced a relatively flat trend pattern with regard to volume of exports of coffee (decaffeinated or roasted). At the same time, Norway (+9.5%), Denmark (+6.6%) and Finland (+2.0%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +9.5% from 2012-2021. Denmark (+7 p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by -8.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Sweden ($X), Denmark ($X) and Finland ($X) were the countries with the highest levels of exports in 2021, with a combined 98% share of total exports.
Among the main exporting countries, Denmark, with a CAGR of +11.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.
Export Prices by Country
The export price in Scandinavia stood at $X per ton in 2021, picking up by 12% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by 15% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; afterwards, it flattened through to 2021.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Denmark ($X per ton), while Finland ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+4.2%), while the other leaders experienced a decline in the export price figures.
Imports of Coffee (Decaffeinated or Roasted)
Imports in Scandinavia
In 2021, overseas purchases of coffee (decaffeinated or roasted) increased by 6.9% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 6.9% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.
In value terms, decaffeinated or roasted coffee imports expanded markedly to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Denmark represented the largest importing country with an import of about X tons, which recorded 41% of total imports. It was distantly followed by Finland (X tons), Sweden (X tons) and Norway (X tons), together creating a 55% share of total imports. Iceland (X tons) followed a long way behind the leaders.
From 2012 to 2021, the biggest increases were in Iceland (with a CAGR of +6.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest decaffeinated or roasted coffee importing markets in Scandinavia were Denmark ($X), Sweden ($X) and Finland ($X), with a combined 77% share of total imports. Norway and Iceland lagged somewhat behind, together comprising a further 23%.
In terms of the main importing countries, Iceland, with a CAGR of +6.4%, saw the highest rates of growth with regard to 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
In 2021, the import price in Scandinavia amounted to $X per ton, increasing by 6.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by 8.7%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while Denmark ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iceland (-0.2%), while the other leaders experienced a decline in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for decaffeinated or roasted coffee in Scandinavia. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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