GCC: Decaffeinated Coffee Market 2024

Decaffeinated Coffee Market Size in GCC

The GCC decaffeinated coffee market expanded notably to $X in 2022, with an increase of X% against the previous year. Overall, consumption saw a strong increase. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Decaffeinated Coffee Production in GCC

In value terms, decaffeinated coffee production rose significantly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Decaffeinated Coffee Exports

Exports in GCC

In 2022, overseas shipments of decaffeinated coffee increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, decaffeinated coffee exports soared to $X in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), making up a X% share of total exports. Kuwait (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the decaffeinated coffee exports, with a CAGR of X% from 2012 to 2022. At the same time, Kuwait (X%) and Saudi Arabia (X%) displayed positive paces of growth. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) emerged as the largest decaffeinated coffee supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Kuwait (X% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price showed resilient growth. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while Saudi Arabia ($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 United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Decaffeinated Coffee Imports

Imports in GCC

In 2022, the amount of decaffeinated coffee imported in GCC soared to X tons, jumping by X% compared with 2021 figures. In general, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, decaffeinated coffee imports rose sharply to $X in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

Saudi Arabia was the major importer of decaffeinated coffee in GCC, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. The United Arab Emirates (X tons) ranks second in terms of the total imports with a X% share, followed by Qatar (X%) and Oman (X%).

Imports into Saudi Arabia increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Qatar (X%) and Oman (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported decaffeinated coffee in GCC, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Saudi Arabia amounted to X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, with a decrease of X% against the previous year. Import price indicated pronounced growth from 2012 to 2022: its price 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, decaffeinated coffee import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform