Scandinavia: Coffee Extract Market 2024

Coffee Extract Market Size in Scandinavia

The Scandinavia coffee extract market amounted to $X in 2022, therefore, remained relatively stable against the previous year. The total consumption indicated a resilient increase 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Coffee Extract Production in Scandinavia

In value terms, coffee extract production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded strong growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Coffee Extract Exports

Exports in Scandinavia

In 2022, the amount of coffee extracts, essences and concentrates exported in Scandinavia shrank to X tons, waning by X% compared with 2021 figures. Overall, exports, however, posted a noticeable increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, coffee extract exports contracted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

Sweden was the main exporter of coffee extracts, essences and concentrates in Scandinavia, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Finland (X tons), making up a X% share of total exports.

Exports from Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. While the share of Finland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sweden (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest coffee extract supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden totaled X%.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden amounted to $X per ton.

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

Coffee Extract Imports

Imports in Scandinavia

In 2022, imports of coffee extracts, essences and concentrates in Scandinavia expanded slightly to X tons, rising by X% against 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, coffee extract imports expanded notably to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X tons) was the largest importer of coffee extracts, essences and concentrates, mixing up X% of total imports. Norway (X tons) took the second position in the ranking, distantly followed by Finland (X tons). All these countries together held approx. X% share of total imports.

Sweden was also the fastest-growing in terms of the coffee extracts, essences and concentrates imports, with a CAGR of X% from 2012 to 2022. Norway experienced a relatively flat trend pattern. Finland (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Norway (X p.p.) and Finland (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) constitutes the largest market for imported coffee extracts, essences and concentrates in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports.

In Sweden, coffee extract imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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