South-Eastern Asia: Coffee Extract Market 2024

Coffee Extract Market Size in South-Eastern Asia

The Southeast Asian coffee extract market reduced to $X in 2022, waning 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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then fell in the following year.

Coffee Extract Production in South-Eastern Asia

In value terms, coffee extract production stood at $X in 2022 estimated in export price. The total production indicated a mild expansion 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, production decreased by X% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Coffee Extract Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of coffee extracts, essences and concentrates increased by X% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated a buoyant increase 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, coffee extract exports stood at $X in 2022. Total exports indicated a strong expansion 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Indonesia represented the major exporter of coffee extracts, essences and concentrates in South-Eastern Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Vietnam (X tons), Malaysia (X tons), Timor-Leste (X tons) and Thailand (X tons), together creating a X% share of total exports. Singapore (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Timor-Leste (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest coffee extract supplying countries in South-Eastern Asia were Indonesia ($X), Vietnam ($X) and Malaysia ($X), together accounting for X% of total exports. Timor-Leste, Thailand and Singapore lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Timor-Leste, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Timor-Leste ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Coffee Extract Imports

Imports in South-Eastern Asia

In 2022, the amount of coffee extracts, essences and concentrates imported in South-Eastern Asia declined significantly to X tons, waning by X% against 2021 figures. Over the period under review, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then shrank sharply in the following year.

In value terms, coffee extract imports declined modestly to $X in 2022. Total imports indicated a prominent expansion 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 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then declined modestly in the following year.

Imports by Country

The Philippines was the major importer of coffee extracts, essences and concentrates in South-Eastern Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Malaysia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Indonesia (X%), Thailand (X%) and Singapore (X%). Myanmar (X tons) and Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to coffee extract imports into the Philippines stood at X%. At the same time, Myanmar (X%), Indonesia (X%), Vietnam (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. While the share of the Philippines (X p.p.), Myanmar (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.), Malaysia (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X) constitutes the largest market for imported coffee extracts, essences and concentrates in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Indonesia, with an X% share.

In the Philippines, 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: Malaysia (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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