Saudi Arabia: Coffee Substitutes Market 2024

Coffee Substitutes Market Size in Saudi Arabia

The Saudi coffee substitutes market surged to $X in 2022, with an increase of 70% against the previous year. In general, consumption, however, continues to indicate a mild descent. Coffee substitutes consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Coffee Substitutes Production in Saudi Arabia

In value terms, coffee substitutes production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2016 with an increase of 137%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Coffee Substitutes Exports

Exports from Saudi Arabia

In 2022, the amount of coffee substitutes containing coffee exported from Saudi Arabia rose remarkably to X tons, growing by 9.9% against 2021 figures. Overall, exports, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of 107%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, coffee substitutes exports soared to $X in 2022. In general, exports, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 112% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Kuwait (X tons) was the main destination for coffee substitutes exports from Saudi Arabia, accounting for a 57% share of total exports. Moreover, coffee substitutes exports to Kuwait exceeded the volume sent to the second major destination, Bahrain (X tons), threefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kuwait was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+27.1% per year) and the United Arab Emirates (+1.3% per year).

In value terms, Kuwait ($X) remains the key foreign market for coffee substitutes containing coffee exports from Saudi Arabia, comprising 55% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 26% share of total exports. It was followed by the United Arab Emirates, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kuwait totaled -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+27.6% per year) and the United Arab Emirates (+4.2% per year).

Export Prices by Country

The average coffee substitutes export price stood at $X per ton in 2022, growing by 13% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coffee substitutes export price decreased by -27.3% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 27% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Oman ($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 Lebanon (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Coffee Substitutes Imports

Imports into Saudi Arabia

In 2022, purchases abroad of coffee substitutes containing coffee increased by 64% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 359% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, coffee substitutes imports surged to $X in 2022. Overall, imports, however, showed a mild slump. The pace of growth appeared the most rapid in 2019 when imports increased by 311% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ethiopia (X tons) constituted the largest coffee substitutes supplier to Saudi Arabia, with a 49% share of total imports. Moreover, coffee substitutes imports from Ethiopia exceeded the figures recorded by the second-largest supplier, Yemen (X tons), twofold. The third position in this ranking was held by India (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Ethiopia stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Yemen (-1.7% per year) and India (-3.5% per year).

In value terms, Ethiopia ($X) constituted the largest supplier of coffee substitutes containing coffee to Saudi Arabia, comprising 44% of total imports. The second position in the ranking was held by Yemen ($X), with a 17% share of total imports. It was followed by Italy, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value from Ethiopia stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Yemen (+1.4% per year) and Italy (-6.2% per year).

Import Prices by Country

In 2022, the average coffee substitutes import price amounted to $X per ton, increasing by 9.1% against the previous year. In general, the import price, however, saw a slight slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 33%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Kuwait ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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