Thailand: Market for Coffee (Decaffeinated or Roasted) 2024

Market Size for Coffee (Decaffeinated or Roasted) in Thailand

The Thai decaffeinated or roasted coffee market expanded notably to $X in 2022, growing by X% against the previous year. In general, the total consumption 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Coffee (Decaffeinated or Roasted) in Thailand

In value terms, decaffeinated or roasted coffee production rose rapidly to $X in 2022 estimated in export price. Overall, the total production indicated a notable expansion 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 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Coffee (Decaffeinated or Roasted)

Exports from Thailand

In 2022, overseas shipments of coffee (decaffeinated or roasted) increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, total exports indicated a strong increase from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, decaffeinated or roasted coffee exports skyrocketed to $X in 2022. Over the period under review, total exports indicated noticeable growth 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cambodia (X tons) was the main destination for decaffeinated or roasted coffee exports from Thailand, accounting for a X% share of total exports. Moreover, decaffeinated or roasted coffee exports to Cambodia exceeded the volume sent to the second major destination, China (X tons), fourfold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cambodia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Japan (X% per year).

In value terms, Cambodia ($X) remains the key foreign market for coffee (decaffeinated or roasted) exports from Thailand, comprising X% of total exports. The second position in the ranking was held by China ($X), with an X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cambodia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average decaffeinated or roasted coffee export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price showed a noticeable contraction. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Saudi Arabia ($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 South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coffee (Decaffeinated or Roasted)

Imports into Thailand

Decaffeinated or roasted coffee imports into Thailand expanded sharply to X tons in 2022, with an increase of X% on 2021. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, decaffeinated or roasted coffee imports skyrocketed to $X in 2022. Overall, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest decaffeinated or roasted coffee supplier to Thailand, with a X% share of total imports. Moreover, decaffeinated or roasted coffee imports from Malaysia exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. The third position in this ranking was taken by Lao People's Democratic Republic (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Lao People's Democratic Republic (X% per year).

In value terms, the largest decaffeinated or roasted coffee suppliers to Thailand were Malaysia ($X), Switzerland ($X) and the United States ($X), together accounting for X% of total imports.

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

Import Prices by Country

In 2022, the average decaffeinated or roasted coffee import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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