China: Roasted Coffee Market 2024

Roasted Coffee Market Size in China

The Chinese roasted coffee market contracted to $X in 2022, with a decrease of X% against the previous year. Overall, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Roasted coffee consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Roasted Coffee Production in China

In value terms, roasted coffee production dropped modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Roasted coffee production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Roasted Coffee Exports

Exports from China

In 2022, overseas shipments of roasted coffee increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, exports continue to indicate notable growth. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, roasted coffee exports fell to $X in 2022. Overall, exports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Vietnam (X tons) was the main destination for roasted coffee exports from China, with a X% share of total exports. Moreover, roasted coffee exports to Vietnam exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Indonesia (X% per year).

In value terms, the largest markets for roasted coffee exported from China were Vietnam ($X), Hong Kong SAR ($X) and Indonesia ($X), with a combined X% share of total exports.

Indonesia, with a CAGR of X.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average roasted coffee export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Vietnam ($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 Indonesia (X%), while the prices for the other major destinations experienced a decline.

Roasted Coffee Imports

Imports into China

In 2022, the amount of roasted coffee imported into China was estimated at X tons, almost unchanged from the previous year's figure. In general, imports posted buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, roasted coffee imports skyrocketed to $X in 2022. Overall, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Malaysia (X tons), Italy (X tons) and the United States (X tons) were the main suppliers of roasted coffee imports to China, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest roasted coffee suppliers to China were Malaysia ($X), Italy ($X) and Switzerland ($X), with a combined X% share of total imports.

Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average roasted coffee import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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