United Kingdom - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUK December 2023 Imports of Coffee Extracts Decrease to $43M
United Kingdom Coffee Extract Imports
In December 2023, after three months of growth, there was decline in purchases abroad of coffee extracts, essences and concentrates, when their volume decreased by -4.5% to 4.1K tons. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when imports increased by 48% month-to-month. As a result, imports reached the peak of 4.9K tons. From June 2023 to December 2023, the growth of imports failed to regain momentum.
In value terms, coffee extract imports contracted to $43M (IndexBox estimates) in December 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when imports increased by 45% against the previous month. As a result, imports reached the peak of $53M. From June 2023 to December 2023, the growth of imports remained at a somewhat lower figure.
| COUNTRY | Import Value of Coffee Extract in United Kingdom (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | |
| Germany | 11.1 | 8.5 | 8.8 | 10.6 | 7.4 | 12.8 | 9.7 | 9.0 | 8.4 | 8.6 | 8.4 | 9.7 | 8.2 |
| Spain | 8.9 | 5.1 | 8.4 | 9.5 | 7.4 | 8.9 | 13.1 | 12.1 | 9.7 | 8.4 | 7.5 | 8.5 | 8.2 |
| Poland | 3.3 | 2.4 | 3.9 | 4.1 | 3.8 | 4.1 | 3.8 | 2.7 | 3.0 | 4.0 | 4.9 | 4.0 | 4.8 |
| Netherlands | 3.2 | 5.3 | 3.6 | 5.3 | 3.2 | 6.5 | 5.4 | 4.3 | 3.9 | 4.6 | 4.5 | 4.7 | 3.5 |
| France | 3.5 | 4.4 | 3.9 | 5.5 | 3.6 | 4.0 | 3.8 | 3.2 | 1.3 | 2.7 | 3.8 | 2.3 | 2.7 |
| Czech Republic | 1.5 | 2.4 | 2.1 | 2.9 | 2.0 | 3.6 | 2.8 | 2.8 | 2.5 | 2.0 | 2.4 | 2.1 | 2.5 |
| Brazil | 0.8 | 2.2 | 1.9 | 2.1 | 1.4 | 1.3 | 0.9 | 1.9 | 2.1 | 0.7 | 1.7 | 1.9 | 1.6 |
| Others | 7.3 | 10.0 | 8.3 | 10.6 | 7.9 | 12.1 | 10.3 | 7.7 | 8.8 | 9.3 | 11.0 | 12.2 | 11.9 |
| Total | 39.8 | 40.4 | 40.8 | 50.6 | 36.7 | 53.2 | 49.8 | 43.6 | 39.7 | 40.4 | 44.2 | 45.4 | 43.4 |
Imports by Country
Poland (861 tons), Spain (647 tons) and Germany (598 tons) were the main suppliers of coffee extract imports to the UK, with a combined 52% share of total imports. The Czech Republic, France, the Netherlands and Brazil lagged somewhat behind, together comprising a further 23%.
From December 2022 to December 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +6.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest coffee extract suppliers to the UK were Germany ($8.2M), Spain ($8.2M) and Poland ($4.8M), together accounting for 49% of total imports. the Netherlands, France, the Czech Republic and Brazil lagged somewhat behind, together comprising a further 24%.
Brazil, with a CAGR of +5.4%, recorded the highest rates of growth with regard to 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
Extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee (2.2K tons), preparations with a basis of extracts, essences or concentrates or with a basis of coffee (1.8K tons) and coffee substitutes containing coffee (44 tons) were the main products of coffee extract imports to the UK.
From December 2022 to December 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee (with a CAGR of -0.3%), while imports for the other products experienced a decline.
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 ($32M) constituted the largest type of coffee extract supplied to the UK, comprising 73% of total imports. The second position in the ranking was taken by preparations with a basis of extracts, essences or concentrates or with a basis of coffee ($11M), with a 26% share of total imports.
Import Prices by Country
In December 2023, the coffee extract price stood at $10,622 per ton (CIF, United Kingdom), standing approximately at the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in January 2023 when the average import price increased by 11% against the previous month. The import price peaked at $11,764 per ton in August 2023; however, from September 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($27,719 per ton), while the price for Hungary ($5,467 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by India (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the coffee extract market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
