Japan - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJapan's Coffee Extract Import Surges to $24M in October 2023
Japan Coffee Extract Imports
Coffee extract imports into Japan skyrocketed to 2.6K tons in October 2023, with an increase of 58% compared with the previous month. The total import volume increased at an average monthly rate of +2.0% from October 2022 to October 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, coffee extract imports surged to $24M (IndexBox estimates) in October 2023. The total import value increased at an average monthly rate of +1.3% from October 2022 to October 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| COUNTRY | Import Value of Coffee Extract in Japan (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| Vietnam | 5.5 | 5.1 | 7.3 | 4.3 | 4.0 | 8.0 | 6.0 | 5.4 | 5.2 | 6.0 | 6.8 | 5.6 | 7.9 |
| Brazil | 3.6 | 3.7 | 3.0 | 2.3 | 5.8 | 2.7 | 3.5 | 3.2 | 3.7 | 4.0 | 3.2 | 2.3 | 5.0 |
| Colombia | 6.7 | 6.1 | 3.4 | 4.0 | 2.8 | 3.5 | 1.9 | 4.8 | 3.3 | 0.9 | 2.4 | 2.5 | 5.0 |
| Malaysia | 1.8 | 2.8 | 1.6 | 1.4 | 1.0 | 4.3 | 3.2 | 3.4 | 1.6 | 2.9 | 5.0 | 2.0 | 3.7 |
| Indonesia | 0.3 | 0.8 | 0.1 | 0.7 | 1.0 | 0.9 | 1.3 | 0.9 | 1.2 | 0.3 | 0.8 | 1.1 | 0.3 |
| Others | 2.9 | 2.4 | 2.9 | 3.9 | 3.2 | 2.1 | 2.2 | 2.5 | 2.2 | 3.2 | 2.8 | 2.4 | 2.2 |
| Total | 20.7 | 20.9 | 18.3 | 16.5 | 17.8 | 21.5 | 18.1 | 20.1 | 17.3 | 17.3 | 21.1 | 15.9 | 24.1 |
Imports by Country
Vietnam (834 tons), Brazil (648 tons) and Colombia (515 tons) were the main suppliers of coffee extract imports to Japan, with a combined 78% share of total imports. Malaysia and Indonesia lagged somewhat behind, together accounting for a further 18%.
From October 2022 to October 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +7.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Vietnam ($7.9M), Colombia ($5M) and Brazil ($5M) constituted the largest coffee extract suppliers to Japan, with a combined 74% share of total imports. Malaysia and Indonesia lagged somewhat behind, together comprising a further 17%.
Malaysia, with a CAGR of +6.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In October 2023, extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee (2.4K tons) was the main type of coffee extract supplied to Japan, accounting for a 96% share of total imports. Moreover, extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee exceeded the figures recorded for the second-largest type, preparations with a basis of extracts, essences or concentrates or with a basis of coffee (114 tons), more than tenfold.
From October 2022 to October 2023, the average monthly rate of growth in terms of the volume of import of extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee stood at +2.1%. With regard to the other supplied products, the following average monthly rates of growth were recorded: preparations with a basis of extracts, essences or concentrates or with a basis of coffee (+0.9% per month) and coffee substitutes containing coffee (+6.2% per month).
In value terms, extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee ($23M) constituted the largest type of coffee extract supplied to Japan, comprising 96% of total imports. The second position in the ranking was held by preparations with a basis of extracts, essences or concentrates or with a basis of coffee ($1M), with a 4.3% share of total imports.
Import Prices by Country
In October 2023, the coffee extract price stood at $9,408 per ton (CIF, Japan), reducing by -3.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 12% m-o-m. As a result, import price reached the peak level of $10,479 per ton. From February 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($9,786 per ton), while the price for Indonesia ($5,218 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the coffee extract market in Japan. 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.
Product coverage:
- Prodcom 10831210 - Coffee substitutes containing coffee
- Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
