Latin America and the Caribbean: Decaffeinated Coffee Market 2025

Decaffeinated Coffee Market Size in Latin America and the Caribbean

The Latin American decaffeinated coffee market was estimated at $X in 2022, surging by X% against the previous year. The total consumption indicated a notable increase 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 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Decaffeinated Coffee Production in Latin America and the Caribbean

In value terms, decaffeinated coffee production amounted to $X in 2022 estimated in export price. The total production indicated a noticeable increase 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 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Decaffeinated Coffee Exports

Exports in Latin America and the Caribbean

After two years of decline, overseas shipments of decaffeinated coffee increased by X% to X tons in 2022. In general, exports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, decaffeinated coffee exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a slight slump. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Mexico represented the largest exporter of decaffeinated coffee in Latin America and the Caribbean, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. Honduras (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (X%). Panama (X tons) followed a long way behind the leaders.

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

In value terms, the largest decaffeinated coffee supplying countries in Latin America and the Caribbean were Mexico ($X), Colombia ($X) and Honduras ($X), with a combined X% share of total exports. These countries were followed by Panama, which accounted for a further X%.

In terms of the main exporting countries, Panama, with a CAGR of X%, recorded the highest growth rate of 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

The export price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

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 Panama ($X per ton), while Honduras ($X per ton) was amongst the lowest.

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

Decaffeinated Coffee Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of decaffeinated coffee decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, recorded a strong increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then fell in the following year.

In value terms, decaffeinated coffee imports soared to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of decaffeinated coffee imports in 2022 were Chile (X tons), Colombia (X tons) and Brazil (X tons), together resulting at X% of total import. It was distantly followed by Belize (X tons), generating a X% share of total imports. Jamaica (X tons) and Bahamas (X tons) followed a long way behind the leaders.

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

In value terms, the largest decaffeinated coffee importing markets in Latin America and the Caribbean were Chile ($X), Colombia ($X) and Brazil ($X), together comprising X% of total imports.

Colombia, with a CAGR of X%, recorded 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahamas ($X per ton), while Belize ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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