Eastern Asia: Roasted Coffee Market 2024

Roasted Coffee Market Size in Eastern Asia

The East Asian roasted coffee market reduced to $X in 2022, almost unchanged from the previous year. The total consumption indicated a tangible 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, consumption decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Roasted Coffee Production in Eastern Asia

In value terms, roasted coffee production fell modestly to $X in 2022 estimated in export price. The total production indicated a buoyant 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Roasted Coffee Exports

Exports in Eastern Asia

In 2022, shipments abroad of roasted coffee increased by X% to X tons, rising for the second year in a row after four years of decline. In general, exports posted resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, roasted coffee exports contracted to $X in 2022. Over the period under review, exports continue to indicate a measured expansion. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, China (X tons) represented the largest exporter of roasted coffee, constituting X% of total exports. It was distantly followed by Japan (X tons), Hong Kong SAR (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons), together creating a X% share of total exports. Macao SAR (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by South Korea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the largest roasted coffee supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value in Japan stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a mild reduction. The growth pace was the most rapid in 2019 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

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

Roasted Coffee Imports

Imports in Eastern Asia

In 2022, overseas purchases of roasted coffee increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, roasted coffee imports rose rapidly to $X in 2022. In general, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

The purchases of the three major importers of roasted coffee, namely South Korea, Taiwan (Chinese) and China, represented more than two-thirds of total import. Japan (X tons) ranks next in terms of the total imports with an X% share, followed by Hong Kong SAR (X%).

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest roasted coffee importing markets in Eastern Asia were South Korea ($X), China ($X) and Japan ($X), with a combined X% share of total imports.

Among the main importing countries, China, with a CAGR of X%, 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 2022, the import price in Eastern Asia amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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