EU: Green Coffee Market 2024

Green Coffee Market Size in the EU

In 2022, the EU green coffee market increased by 30% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Green Coffee Production in the EU

In value terms, green coffee production totaled $X in 2022 estimated in export price. Over the period under review, production saw a sharp descent. The most prominent rate of growth was recorded in 2020 when the production volume decreased by 99.9% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The country with the largest volume of green coffee production was Estonia (X tons), accounting for 100% of total volume.

In Estonia, green coffee production remained relatively stable over the period from 2012-2022.

Green Coffee Exports

Exports in the EU

In 2022, overseas shipments of coffee (green) decreased by -29.4% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports showed a slight slump. The most prominent rate of growth was recorded in 2020 when exports increased by 64% against the previous year. The volume of export peaked at X tons in 2021, and then contracted sharply in the following year.

In value terms, green coffee exports fell to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 60% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

Germany was the main exporting country with an export of around X tons, which accounted for 53% of total exports. The Netherlands (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Spain (9.5%) and Belgium (7.7%). Finland (X tons), Italy (X tons) and Slovenia (X tons) followed a long way behind the leaders.

Germany experienced a relatively flat trend pattern with regard to volume of exports of coffee (green). At the same time, Slovenia (+33.4%), Finland (+22.9%), the Netherlands (+20.8%) and Spain (+18.4%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +33.4% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, Belgium (-16.7%) illustrated a downward trend over the same period. The Netherlands (+14 p.p.), Spain (+7.9 p.p.), Germany (+7.3 p.p.), Finland (+3.7 p.p.) and Slovenia (+1.5 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -33.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) emerged as the largest green coffee supplier in the European Union, comprising 54% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total exports. It was followed by Belgium, with a 9.3% share.

In Germany, green coffee exports expanded at an average annual rate of +2.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (+22.6% per year) and Belgium (-14.6% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, jumping by 34% against the previous year. Over the period under review, the export price saw a mild expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.6%), while the other leaders experienced more modest paces of growth.

Green Coffee Imports

Imports in the EU

After four years of growth, purchases abroad of coffee (green) decreased by -2.6% to X tons in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 6.4%. The volume of import peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, green coffee imports surged to $X in 2022. Total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), Spain (X tons), the Netherlands (X tons), France (X tons) and Belgium (X tons) represented the main importers of coffee (green), together making up 84% of total imports. Poland (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of +10.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest green coffee importing markets in the European Union were Germany ($X), Italy ($X) and the Netherlands ($X), together accounting for 61% of total imports.

The Netherlands, with a CAGR of +10.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, picking up by 37% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Belgium ($X per ton), while Spain ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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