Ukraine: Coffee Extract Market 2024

Coffee Extract Market Size in Ukraine

After three years of growth, the Ukrainian coffee extract market decreased by -5.1% to $X in 2021. Overall, consumption showed a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of 9.8% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Coffee Extract Production in Ukraine

In value terms, coffee extract production stood at $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 18%. Coffee extract production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Coffee Extract Exports

Exports from Ukraine

In 2021, shipments abroad of coffee extracts, essences and concentrates increased by 33% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of 77% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, coffee extract exports soared to $X in 2021. In general, total exports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +114.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 54%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons), Romania (X tons) and Moldova (X tons) were the main destinations of coffee extract exports from Ukraine, with a combined 59% share of total exports. The UK, Azerbaijan, Georgia, France, Belarus, Turkey, Kazakhstan and Russia lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +225.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Romania ($X) and the UK ($X) appeared to be the largest markets for coffee extract exported from Ukraine worldwide, with a combined 49% share of total exports. Moldova, France, Azerbaijan, Georgia, Turkey, Belarus, Kazakhstan and Russia lagged somewhat behind, together accounting for a further 39%.

In terms of the main countries of destination, France, with a CAGR of +195.9%, saw 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

In 2021, the average coffee extract export price amounted to $X per ton, shrinking by -4.5% against the previous year. In general, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 9.7% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 Kazakhstan (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Coffee Extract Imports

Imports into Ukraine

In 2021, supplies from abroad of coffee extracts, essences and concentrates increased by 2.2% to X tons, rising for the fourth consecutive year after four years of decline. In general, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2019 with an increase of 12%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, coffee extract imports fell slightly to $X in 2021. Over the period under review, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 10%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Brazil (X tons) and Poland (X tons) were the main suppliers of coffee extract imports to Ukraine, together comprising 59% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +26.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Brazil ($X) and Switzerland ($X) appeared to be the largest coffee extract suppliers to Ukraine, with a combined 56% share of total imports. These countries were followed by Poland, India, Spain, the UK and Russia, which together accounted for a further 30%.

Among the main suppliers, Poland, with a CAGR of +25.3%, saw 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 coffee extract import price amounted to $X per ton, falling by -3.6% against the previous year. Over the period under review, the import price showed a abrupt descent. The growth pace was the most rapid in 2017 when the average import price increased by 13%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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