Thailand: Roasted Coffee Substitutes Market 2024

Roasted Coffee Substitutes Market Size in Thailand

The Thai roasted coffee substitutes market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Roasted Coffee Substitutes Production in Thailand

In value terms, roasted coffee substitutes production rose to $X in 2022 estimated in export price. The total output 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 in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. Roasted coffee substitutes production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Roasted Coffee Substitutes Exports

Exports from Thailand

In 2022, overseas shipments of roasted chicory and other roasted coffee substitutes increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports posted a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, roasted coffee substitutes exports skyrocketed to $X in 2022. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for roasted coffee substitutes exports from Thailand, accounting for a X% share of total exports. Moreover, roasted coffee substitutes exports to the United States exceeded the volume sent to the second major destination, Myanmar (X tons), threefold. The third position in this ranking was held by Cambodia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Cambodia (X% per year).

In value terms, the United States ($X) remains the key foreign market for roasted chicory and other roasted coffee substitutes exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Myanmar ($X), with a X% share of total exports. It was followed by Cambodia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (X% per year) and Cambodia (X% per year).

Export Prices by Country

In 2022, the average roasted coffee substitutes export price amounted to $X per ton, rising by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Coffee Substitutes Imports

Imports into Thailand

In 2022, imports of roasted chicory and other roasted coffee substitutes into Thailand rose remarkably to X kg, growing by X% compared with 2021 figures. In general, imports, however, faced a dramatic decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, roasted coffee substitutes imports fell to $X in 2022. Overall, imports, however, saw a dramatic setback. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Japan (X kg), Indonesia (X kg) and the United Arab Emirates (X kg) were the main suppliers of roasted coffee substitutes imports to Thailand, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X) constituted the largest supplier of roasted chicory and other roasted coffee substitutes to Thailand, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average roasted coffee substitutes import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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