Australia - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoffee Extract Price in Australia - 2023
Contents:
- Coffee Extract Price in Australia (CIF) - 2023
- Coffee Extract Price in Australia (FOB) - 2022
- Coffee Extract Imports in Australia
- Coffee Extract Exports in Australia
Coffee Extract Price in Australia (CIF) - 2023
The average coffee extract import price stood at $11,993 per ton in August 2023, with a decrease of -14.1% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 15% against the previous month. As a result, import price reached the peak level of $15,054 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($18,616 per ton), while the price for Thailand ($6,617 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee Extract Price in Australia (FOB) - 2022
The average coffee extract export price stood at $6,645 per ton in 2022, surging by 10% against the previous year. In general, the export price, however, recorded a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $11,043 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($29,267 per ton), while the average price for exports to New Zealand ($5,203 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 China (+11.7%), while the prices for the other major destinations experienced a decline.
Coffee Extract Imports in Australia
After three years of growth, purchases abroad of coffee extracts, essences and concentrates decreased by -1.3% to 15K tons in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of 15K tons, and then fell slightly in the following year.
In value terms, coffee extract imports reached $194M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Coffee Extract in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 96.8 | 99.8 | 102 | 93.9 | -1.0% |
| Germany | 10.1 | 5.2 | 11.8 | 24.8 | 34.9% |
| Thailand | 0.4 | 0.4 | 8.7 | 17.8 | 254.4% |
| South Korea | 12.3 | 10.1 | 9.1 | 11.9 | -1.1% |
| Malaysia | 3.2 | 4.7 | 3.9 | 6.4 | 26.0% |
| Vietnam | 3.3 | 6.8 | 4.7 | 6.1 | 22.7% |
| United Kingdom | 3.8 | 4.0 | 4.8 | 5.9 | 15.8% |
| New Zealand | 1.3 | 1.8 | 4.3 | 4.1 | 46.6% |
| Japan | 0.1 | 0.1 | 0.5 | 3.9 | 239.1% |
| Brazil | 2.3 | 2.3 | 1.9 | 2.7 | 5.5% |
| India | 0.9 | 1.8 | 1.8 | 2.5 | 40.6% |
| Others | 20.5 | 17.9 | 15.3 | 14.1 | -11.7% |
| Total | 155 | 155 | 169 | 194 | 7.8% |
Top Suppliers of Coffee Extract to Australia in 2022:
- Netherlands (4.8K tons)
- Thailand (2.2K tons)
- Germany (2.0K tons)
- Malaysia (0.9K tons)
- Vietnam (0.9K tons)
- South Korea (0.8K tons)
- United Kingdom (0.6K tons)
- New Zealand (0.5K tons)
- Japan (0.3K tons)
- India (0.3K tons)
- Brazil (0.2K tons)
Coffee Extract Exports in Australia
After three years of growth, shipments abroad of coffee extracts, essences and concentrates decreased by -14.3% to 6.4K tons in 2022. Overall, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 79% against the previous year. As a result, the exports attained the peak of 7.5K tons, and then reduced in the following year.
In value terms, coffee extract exports reduced to $43M in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, the exports attained the peak of $45M, and then dropped in the following year.
| Export of Coffee Extract in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 13.6 | 13.7 | 26.4 | 24.4 | 21.5% |
| China | 0.5 | 0.4 | 5.1 | 5.2 | 118.3% |
| Papua New Guinea | 1.2 | 1.3 | 2.7 | 3.8 | 46.8% |
| New Caledonia | 2.2 | 2.0 | 2.9 | 2.8 | 8.4% |
| French Polynesia | 2.1 | 2.2 | 3.1 | 1.7 | -6.8% |
| Maldives | 0.6 | 0.4 | 0.6 | 0.9 | 14.5% |
| Singapore | 0.5 | 0.8 | 0.9 | 0.7 | 11.9% |
| Others | 3.2 | 2.9 | 3.4 | 3.1 | -1.1% |
| Total | 24.0 | 23.6 | 45.0 | 42.6 | 21.1% |
Top Export Markets for Coffee Extract from Australia in 2022:
- New Zealand (4681.0 tons)
- Papua New Guinea (430.9 tons)
- New Caledonia (296.3 tons)
- French Polynesia (185.9 tons)
- China (178.2 tons)
- Maldives (141.2 tons)
- Singapore (93.2 tons)
This report provides an in-depth analysis of the coffee extract market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10831210 - Coffee substitutes containing coffee
- Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.
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