U.S. - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingImport of Coffee Extracts in the United States Sees a Marginal Rise to $58M in December 2023
U.S. Coffee Extract Imports
For the fourth consecutive month, the United States recorded decline in purchases abroad of coffee extracts, essences and concentrates, which decreased by -5.9% to 5.3K tons in December 2023. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in August 2023 with an increase of 21% against the previous month.
In value terms, coffee extract imports amounted to $58M (IndexBox estimates) in December 2023. Over the period under review, imports saw a slight decrease. The most prominent rate of growth was recorded in March 2023 when imports increased by 17% m-o-m.
| COUNTRY | Import Value of Coffee Extract in U.S. (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 | |
| Mexico | 10.2 | 9.4 | 11.0 | 17.4 | 18.3 | 14.6 | 15.8 | 17.4 | 17.8 | 19.3 | 16.5 | 15.0 | 18.5 |
| Colombia | 23.2 | 13.2 | 14.5 | 18.9 | 16.5 | 17.6 | 17.6 | 12.7 | 13.5 | 12.2 | 13.4 | 10.6 | 11.5 |
| Brazil | 15.2 | 15.5 | 15.3 | 10.9 | 10.5 | 14.3 | 23.1 | 8.8 | 13.3 | 13.3 | 11.6 | 8.0 | 5.2 |
| Netherlands | 0.7 | 2.8 | 2.1 | 2.0 | 1.6 | 2.9 | 5.5 | 3.3 | 2.9 | 7.2 | 4.8 | 5.4 | 3.9 |
| India | 2.6 | 4.2 | 3.9 | 4.6 | 4.9 | 5.8 | 4.2 | 4.1 | 4.9 | 4.0 | 4.1 | 3.1 | 3.7 |
| Vietnam | 4.2 | 4.1 | 2.6 | 1.2 | 1.9 | 3.0 | 1.7 | 1.8 | 2.2 | 1.3 | 3.3 | 3.1 | 2.7 |
| Germany | 2.5 | 2.2 | 2.2 | 2.8 | 2.2 | 2.4 | 2.4 | 1.9 | 2.2 | 2.2 | 1.6 | 1.3 | 2.2 |
| Others | 8.9 | 11.5 | 5.7 | 9.0 | 7.5 | 10.2 | 7.7 | 8.9 | 10.9 | 6.2 | 7.1 | 10.6 | 10.3 |
| Total | 67.4 | 62.9 | 57.2 | 66.7 | 63.5 | 70.8 | 78.0 | 59.0 | 67.6 | 65.7 | 62.3 | 57.1 | 58.0 |
Imports by Country
Mexico (1.4K tons), Brazil (714 tons) and Vietnam (632 tons) were the main suppliers of coffee extract imports to the United States, together accounting for 52% of total imports. The Netherlands, Colombia, India and Germany lagged somewhat behind, together comprising a further 28%.
From December 2022 to December 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +16.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest coffee extract suppliers to the United States were Mexico ($18M), Colombia ($12M) and Brazil ($5.2M), with a combined 61% share of total imports. These countries were followed by the Netherlands, India, Vietnam and Germany, which together accounted for a further 22%.
In terms of the main suppliers, the Netherlands, with a CAGR of +15.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In December 2023, extracts, essences and concentrates; of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee (4.2K tons) constituted the largest type of coffee extract supplied to the United States, accounting for a 80% 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 (1K tons), fourfold.
From December 2022 to December 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 amounted to -3.3%. 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 (-0.3% per month) and coffee substitutes containing coffee (+4.9% 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) constituted the largest type of coffee extract supplied to the United States, comprising 90% 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 ($5.6M), with a 9.7% share of total imports.
Import Prices by Country
In December 2023, the coffee extract price stood at $10,976 per ton (CIF, US), with an increase of 7.9% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in February 2023 an increase of 8.6% m-o-m. The import price peaked at $11,602 per ton in March 2023; however, from April 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Colombia ($24,471 per ton), while the price for Vietnam ($4,338 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 Mexico (+4.9%), 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 U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
