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Spain - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Spain - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Sep 1, 2023

Average Price of Coffee Extract in Spain Declines by 3%, Reaching $11.8 per kg

Spain Coffee Extract Export Price in May 2023

In May 2023, the coffee extract price stood at $11,808 per ton (FOB, Spain), shrinking by -2.6% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in January 2023 an increase of 16% month-to-month. Over the period under review, the average export prices attained the peak figure at $12,123 per ton in April 2023, and then shrank slightly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($15,332 per ton), while the average price for exports to Turkey ($8,112 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Spain Coffee Extract Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Coffee Extract in Spain (USD per ton)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
Germany12,56812,80112,09912,06812,29012,30212,47213,64115,01613,50713,53714,82715,332
Czech Republic9,6039,30210,1469,4469,7439,79210,47010,83512,08912,14212,11912,91312,736
Italy10,2049,59911,64010,39811,02210,59610,35910,85111,91012,88912,33012,01712,557
United Kingdom10,99810,17710,32810,30610,46010,94910,83810,75512,04311,53311,52613,81012,109
France9,60810,18711,51110,6069,54311,75811,30210,20313,22012,02113,26814,01212,014
Greece8,0067,9888,5178,4928,3498,4089,1398,87610,19710,00910,3599,9119,939
Turkey6,8547,0337,6017,7347,4477,3197,8727,7408,5038,1388,4548,5478,112
Average9,4099,3029,5769,5059,6269,68610,43410,16111,79511,15611,50412,12311,808

Spain Coffee Extract Export Prices by Type

Average prices varied somewhat for the major types of exported product. In May 2023, the product with the highest price was preparations with a basis of extracts, essences or concentrates or with a basis of coffee ($12,471 per ton), while the average price for exports of coffee substitutes containing coffee ($9,362 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for the following types: preparations with a basis of extracts, essences or concentrates or with a basis of coffee (+3.0%), while the prices for the other products experienced more modest paces of growth.

Spain Coffee Extract Exports

Coffee extract exports from Spain soared to 5.1K tons in May 2023, with an increase of 28% against April 2023 figures. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 with an increase of 34% m-o-m.

In value terms, coffee extract exports soared to $60M (IndexBox estimates) in May 2023. The total export value increased at an average monthly rate of +2.1% from May 2022 to May 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in March 2023 when exports increased by 31% m-o-m. As a result, the exports attained the peak of $66M. From April 2023 to May 2023, the growth of the exports remained at a lower figure.

Spain Coffee Extract Exports by Type

Extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee (4.4K tons) was the largest type of coffee extract exported from Spain, with a 87% share of total exports. 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 volume of the second product type, preparations with a basis of extracts, essences or concentrates or with a basis of coffee (636 tons), sevenfold.

From May 2022 to May 2023, the average monthly rate of growth in terms of the volume of export of extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee was relatively modest. With regard to the other exported 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 (+1.3% per month) and coffee substitutes containing coffee (-0.3% 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 ($52M) remains the largest type of coffee extract exported from Spain, comprising 86% of total exports. The second position in the ranking was held by preparations with a basis of extracts, essences or concentrates or with a basis of coffee ($7.9M), with a 13% share of total exports.

From May 2022 to May 2023, the average monthly growth rate of the export volume of extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee amounted to +1.8%. With regard to the other exported 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 (+4.4% per month) and coffee substitutes containing coffee (+2.4% per month).

Spain Coffee Extract Exports by Country

The UK (892 tons), South Africa (549 tons) and Germany (422 tons) were the main destinations of coffee extract exports from Spain, with a combined 37% share of total exports.

From May 2022 to May 2023, the biggest increases were in South Africa (with a CAGR of +6.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($11M), Germany ($6.5M) and South Africa ($5.9M) were the largest markets for coffee extract exported from Spain worldwide, together comprising 39% of total exports. These countries were followed by Poland, Greece, France, Turkey, Italy, the Netherlands, Portugal, Egypt, Hungary and the Czech Republic, which together accounted for a further 43%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +8.3%, 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 more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coffee extract market in Spain. 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:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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