Hong Kong SAR, China: Green Coffee Market 2025

Green Coffee Market Size in Hong Kong SAR, China

The Hong Kong green coffee market surged to $X in 2022, increasing by 35% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw notable growth. Green coffee consumption peaked in 2022 and is likely to continue growth in the near future.

Green Coffee Exports

Exports from Hong Kong SAR, China

Green coffee exports from Hong Kong SAR surged to X tons in 2022, rising by 34% on the previous year. In general, exports, however, continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2014 with an increase of 425% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, green coffee exports surged to $X in 2022. Overall, exports showed a slight increase. The pace of growth appeared the most rapid in 2014 with an increase of 241% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons), Macao SAR (X tons) and South Korea (X tons) were the main destinations of green coffee exports from Hong Kong SAR, together accounting for 58% of total exports. Japan, Singapore, Indonesia, the United Arab Emirates and Taiwan (Chinese) lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +287.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Macao SAR ($X) and Japan ($X) were the largest markets for green coffee exported from Hong Kong SAR worldwide, together comprising 46% of total exports. South Korea, Singapore, the United Arab Emirates, Indonesia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 35%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +305.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average green coffee export price amounted to $X per ton, increasing by 32% against the previous year. In general, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to China ($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 Singapore (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Green Coffee Imports

Imports into Hong Kong SAR, China

Green coffee imports into Hong Kong SAR expanded markedly to X tons in 2022, picking up by 6.8% on the previous year's figure. Over the period under review, imports showed slight growth. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, green coffee imports skyrocketed to $X in 2022. In general, imports posted a perceptible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Brazil (X tons), Indonesia (X tons) and Vietnam (X tons) were the main suppliers of green coffee imports to Hong Kong SAR, together accounting for 56% of total imports. Ethiopia, Colombia, Honduras, China, Guatemala and Japan lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +45.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Indonesia ($X) and Colombia ($X) were the largest green coffee suppliers to Hong Kong SAR, with a combined 43% share of total imports. Ethiopia, Vietnam, Honduras, China, Guatemala and Japan lagged somewhat behind, together comprising a further 35%.

China, with a CAGR of +47.1%, saw 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.

Import Prices by Country

The average green coffee import price stood at $X per ton in 2022, increasing by 38% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green coffee import price increased by +81.1% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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