Scandinavia: Decaffeinated Coffee Market 2024

Decaffeinated Coffee Market Size in Scandinavia

In 2022, after two years of growth, there was significant decline in the Scandinavia decaffeinated coffee market, when its value decreased by X% to $X. Overall, consumption, however, enjoyed a remarkable increase. The level of consumption peaked at $X in 2021, and then contracted notably in the following year.

Decaffeinated Coffee Production in Scandinavia

In value terms, decaffeinated coffee production rose modestly to $X in 2022 estimated in export price. In general, production, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in years to come.

Decaffeinated Coffee Exports

Exports in Scandinavia

In 2022, after four years of growth, there was significant decline in shipments abroad of decaffeinated coffee, when their volume decreased by X% to X tons. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, decaffeinated coffee exports fell to $X in 2022. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Sweden (X tons), together accounting for X% of total export.

Sweden was also the fastest-growing in terms of the decaffeinated coffee exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) also remains the largest decaffeinated coffee supplier in Scandinavia.

In Sweden, decaffeinated coffee exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, rising by X% against the previous year. Export price indicated slight 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 export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to X% per year.

Decaffeinated Coffee Imports

Imports in Scandinavia

In 2022, approx. X tons of decaffeinated coffee were imported in Scandinavia; growing by X% against 2021 figures. Over the period under review, imports, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, decaffeinated coffee imports soared to $X in 2022. In general, imports, however, saw a slight slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Norway was the main importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Finland (X tons) and Sweden (X tons), together generating a X% share of total imports.

Norway experienced a relatively flat trend pattern with regard to volume of imports of decaffeinated coffee. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Sweden (X%) illustrated a downward trend over the same period. While the share of Norway (X p.p.) and Finland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sweden (X p.p.) displayed negative dynamics.

In value terms, the largest decaffeinated coffee importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

Finland, with a CAGR of X%, saw 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 mixed trends in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform