Philippines: Non-Decaffeinated Roasted Coffee Market 2024

Non-Decaffeinated Roasted Coffee Market Size in the Philippines

The Philippine non-decaffeinated roasted coffee market surged to $X in 2021, growing by 150% 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). Over the period under review, consumption recorded a perceptible expansion. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Non-Decaffeinated Roasted Coffee Exports

Exports from the Philippines

In 2021, the amount of roasted coffee (not decaffeinated) exported from the Philippines contracted rapidly to X tons, declining by -92.2% on the previous year. Overall, exports recorded a dramatic contraction. The pace of growth was the most pronounced in 2015 when exports increased by 76%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, non-decaffeinated roasted coffee exports declined dramatically to $X in 2021. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2015 when exports increased by 155% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for non-decaffeinated roasted coffee exports from the Philippines, accounting for a 64% share of total exports. Moreover, non-decaffeinated roasted coffee exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), fourfold. The third position in this ranking was held by New Zealand (X kg), with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-28.2% per year) and New Zealand (-9.3% per year).

In value terms, the United States ($X) remains the key foreign market for roasted coffee (not decaffeinated) exports from the Philippines, comprising 65% of total exports. The second position in the ranking was held by Canada ($X), with a 12% share of total exports. It was followed by New Zealand, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-23.0% per year) and New Zealand (-0.3% per year).

Export Prices by Country

The average non-decaffeinated roasted coffee export price stood at $X per ton in 2021, jumping by 40% against the previous year. Over the period under review, the export price recorded a prominent expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 45%. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Decaffeinated Roasted Coffee Imports

Imports into the Philippines

In 2021, imports of roasted coffee (not decaffeinated) into the Philippines soared to X tons, growing by 198% on the previous year's figure. Over the period under review, imports recorded a resilient expansion. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, non-decaffeinated roasted coffee imports surged to $X in 2021. In general, imports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 53% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest supplier of non-decaffeinated roasted coffee to the Philippines, accounting for a 18% share of total imports. Moreover, non-decaffeinated roasted coffee imports from Malaysia exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Singapore (X tons) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia totaled +60.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+22.3% per year) and Singapore (-8.0% per year).

In value terms, the largest non-decaffeinated roasted coffee suppliers to the Philippines were Switzerland ($X), Singapore ($X) and Malaysia ($X), with a combined 53% share of total imports.

Among the main suppliers, Malaysia, with a CAGR of +44.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-decaffeinated roasted coffee import price amounted to $X per ton, shrinking by -58.9% against the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 when the average import price increased by 46%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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