India - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoffee Extract Price in India - 2023
Contents:
- Coffee Extract Price in India (FOB) - 2023
- Coffee Extract Price in India (CIF) - 2023
- Coffee Extract Exports in India
- Coffee Extract Imports in India
Coffee Extract Price in India (FOB) - 2023
The average coffee extract export price stood at $7,988 per ton in July 2023, growing by 4.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 6.1% against the previous month. The export price peaked in July 2023.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the United States ($17,335 per ton), while the average price for exports to Jordan ($4,555 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Coffee Extract Price in India (CIF) - 2023
In July 2023, the average coffee extract import price amounted to $11,868 per ton, with an increase of 3% against the previous month. Over the period under review, the import price continues to indicate temperate growth. The growth pace was the most rapid in June 2023 an increase of 269% against the previous month. The import price peaked at $15,045 per ton in September 2022; however, from October 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Colombia ($23,025 per ton), while the price for the United Arab Emirates ($4,720 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee Extract Exports in India
In 2022, coffee extract exports from India surged to 59K tons, picking up by 19% against the previous year. The total export volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, coffee extract exports soared to $400M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Coffee Extract in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 1.1 | 2.1 | 1.6 | 382 | 602.9% |
| United Arab Emirates | 3.5 | 2.7 | 3.9 | 8.7 | 35.5% |
| United States | 33.5 | 29.2 | 44.8 | 3.8 | -51.6% |
| Russia | 59.0 | 32.8 | 57.9 | N/A | -0.9% |
| Vietnam | 6.4 | 1.7 | 5.8 | N/A | -4.8% |
| Malaysia | 14.8 | 15.0 | 16.3 | N/A | 4.9% |
| Indonesia | 11.3 | 9.2 | 10.8 | N/A | -2.2% |
| Poland | 25.0 | 25.0 | 22.6 | N/A | -4.9% |
| Turkey | 16.9 | 13.5 | 13.7 | N/A | -10.0% |
| Ukraine | 8.6 | 7.0 | 8.9 | N/A | 1.7% |
| Others | 105 | 105 | 130 | 6.2 | -61.1% |
| Total | 285 | 243 | 316 | 400 | 12.0% |
Top Export Markets for Coffee Extract from India in 2022:
- Malaysia (undefinedK tons)
- Myanmar (55.0K tons)
- United Arab Emirates (1.9K tons)
- United States (0.4K tons)
Coffee Extract Imports in India
For the third consecutive year, India recorded decline in purchases abroad of coffee extracts, essences and concentrates, which decreased by -44% to 964 tons in 2022. In general, imports recorded a significant decrease. The smallest decline of -3% was in 2021.
In value terms, coffee extract imports dropped sharply to $10M in 2022. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 8.4%. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Coffee Extract in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 0.2 | N/A | N/A | 9.7 | 264.7% |
| United Arab Emirates | 1.4 | 1.1 | 3.8 | 0.4 | -34.1% |
| South Korea | 0.8 | 2.6 | 2.1 | N/A | 62.0% |
| Germany | 0.6 | 1.1 | 1.6 | N/A | 63.3% |
| Vietnam | 6.2 | 5.4 | 2.1 | N/A | -41.8% |
| United Kingdom | 0.3 | 0.4 | 0.4 | N/A | 15.5% |
| Indonesia | 1.0 | 1.5 | 1.5 | N/A | 22.5% |
| Netherlands | 0.2 | 0.5 | N/A | N/A | 150.0% |
| Others | 1.9 | 1.2 | 1.9 | N/A | 0.0% |
| Total | 12.6 | 13.7 | 13.4 | 10.1 | -7.1% |
Top Suppliers of Coffee Extract to India in 2022:
- Myanmar (890.3 tons)
- United Arab Emirates (71.6 tons)
This report provides an in-depth analysis of the coffee extract market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
-
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
-
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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The growth rate of Coffee Extract was highest in March 2023, with a month-to-month increase of 11%. In terms of value, exports of coffee extract rose significantly to $40M in July 2023.
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In July 2022, the green coffee price per ton amounted to $2.8K (FOB, India), dropping by -1.8% against the previous month.
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Coffee prices remain highly volatile. In 2022, the average annual price for Arabica is forecast to decline thanks to expected production growth, while Robusta price will go up on skyrocketed demand from consumers, preferring cheaper alternatives to more expensive counterparts.
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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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Coffee yield figures remained robust in 2020 and coffee bean exports increased, despite the disruption to supply chains caused by the Coronavirus restrictions. Home coffee consumption surged, thereby helping to offset the slump in sales following the closure of the HoReCa segment. Average coffee prices remained growing gradually through to Q1 2021.
