United Arab Emirates: Coffee Extract Market 2024

Coffee Extract Market Size in the United Arab Emirates

In 2021, the coffee extract market in the United Arab Emirates increased by 58% to $X, rising for the second consecutive year after four years of decline. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +60.2% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Coffee Extract Production in the United Arab Emirates

In value terms, coffee extract production dropped notably to $X in 2021 estimated in export price. Overall, production, however, posted a significant expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 287% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then contracted remarkably in the following year.

Coffee Extract Exports

Exports from the United Arab Emirates

In 2021, after six years of growth, there was significant decline in overseas shipments of coffee extracts, essences and concentrates, when their volume decreased by -18.8% to X tons. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 95% against the previous year. The exports peaked at X tons in 2020, and then shrank markedly in the following year.

In value terms, coffee extract exports dropped markedly to $X in 2021. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2016 with an increase of 118% against the previous year. The exports peaked at $X in 2020, and then shrank sharply in the following year.

Exports by Country

Jordan (X tons), Saudi Arabia (X tons) and Lebanon (X tons) were the main destinations of coffee extract exports from the United Arab Emirates.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of +330.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coffee extract exported from the United Arab Emirates were Saudi Arabia ($X), Jordan ($X) and Kuwait ($X).

Among the main countries of destination, Lebanon, with a CAGR of +363.3%, recorded the highest rates of growth with regard to 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

The average coffee extract export price stood at $X per ton in 2021, surging by 3.9% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, coffee extract export price increased by +47.6% against 2017 indices. The growth pace was the most rapid in 2019 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Congo ($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 Iraq (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Coffee Extract Imports

Imports into the United Arab Emirates

In 2021, the amount of coffee extracts, essences and concentrates imported into the United Arab Emirates skyrocketed to X tons, jumping by 18% compared with 2020 figures. In general, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +10.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +67.5% against 2018 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 48%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, coffee extract imports skyrocketed to $X in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +9.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +55.8% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest coffee extract supplier to the United Arab Emirates, with a 31% share of total imports. Moreover, coffee extract imports from Indonesia exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. The third position in this ranking was taken by Egypt (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Indonesia amounted to +33.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-0.8% per year) and Egypt (+68.7% per year).

In value terms, Egypt ($X), Indonesia ($X) and Brazil ($X) appeared to be the largest coffee extract suppliers to the United Arab Emirates, together comprising 49% of total imports. The UK, Malaysia, Spain, Vietnam, Russia, Thailand, Colombia, India, the United States and Turkey lagged somewhat behind, together comprising a further 51%.

Russia, with a CAGR of +121.2%, saw the highest growth rate of 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 2021, the average coffee extract import price amounted to $X per ton, growing by 11% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 11% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 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 Egypt ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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