Serbia - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCoffee Extract Price in Serbia - 2023
Contents:
- Coffee Extract Price in Serbia (CIF) - 2023
- Coffee Extract Price in Serbia (FOB) - 2022
- Coffee Extract Imports in Serbia
- Coffee Extract Exports in Serbia
Coffee Extract Price in Serbia (CIF) - 2023
The average coffee extract import price stood at $5,930 per ton in October 2023, rising by 5.5% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 16% m-o-m. As a result, import price reached the peak level of $6,513 per ton. From March 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($19,025 per ton), while the price for Hungary ($4,023 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee Extract Price in Serbia (FOB) - 2022
In 2022, the average coffee extract export price amounted to $5,912 per ton, picking up by 13% against the previous year. In general, the export price, however, saw a noticeable setback. The export price peaked at $9,154 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 Montenegro ($9,344 per ton), while the average price for exports to Bosnia and Herzegovina ($5,144 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 Croatia (+0.1%), while the prices for the other major destinations experienced a decline.
Coffee Extract Imports in Serbia
After three years of growth, overseas purchases of coffee extracts, essences and concentrates decreased by -7.3% to 11K tons in 2022. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 7.2% against the previous year. As a result, imports reached the peak of 11K tons, and then reduced in the following year.
In value terms, coffee extract imports rose significantly to $53M in 2022. The total import value increased at an average annual rate of +10.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Coffee Extract in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 14.1 | 17.4 | 19.7 | 23.5 | 18.6% |
| Brazil | 7.3 | 6.1 | 5.8 | 9.4 | 8.8% |
| Poland | 5.3 | 6.0 | 7.1 | 7.0 | 9.7% |
| Germany | 2.1 | 2.8 | 3.0 | 2.7 | 8.7% |
| Czech Republic | 1.6 | 2.0 | 1.9 | 2.3 | 12.9% |
| United Kingdom | 1.4 | 0.9 | 1.5 | 1.7 | 6.7% |
| Romania | 2.0 | 0.1 | 0.1 | 0.1 | -63.2% |
| Others | 6.0 | 6.7 | 7.5 | 6.7 | 3.7% |
| Total | 39.8 | 42.0 | 46.6 | 53.4 | 10.3% |
Top Suppliers of Coffee Extract to Serbia in 2022:
- Romania (undefinedK tons)
- Hungary (6.2K tons)
- Poland (1.6K tons)
- Brazil (1.2K tons)
- Czech Republic (0.4K tons)
- United Kingdom (0.2K tons)
- Germany (0.2K tons)
Coffee Extract Exports in Serbia
For the fourth consecutive year, Serbia recorded growth in overseas shipments of coffee extracts, essences and concentrates, which increased by 2.9% to 4K tons in 2022. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, coffee extract exports skyrocketed to $24M in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 21% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Coffee Extract in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 7.2 | 7.0 | 8.3 | 10.7 | 14.1% |
| North Macedonia | 4.6 | 4.4 | 4.8 | 5.7 | 7.4% |
| Montenegro | 2.2 | 2.2 | 2.6 | 2.7 | 7.1% |
| Croatia | 1.5 | 1.2 | 1.7 | 1.9 | 8.2% |
| Slovenia | 0.1 | 0.6 | 1.5 | 1.3 | 135.1% |
| Italy | 0.6 | 0.2 | 0.3 | 0.3 | -20.6% |
| Others | 1.2 | 1.2 | 1.1 | 0.9 | -9.1% |
| Total | 17.4 | 16.8 | 20.3 | 23.6 | 10.7% |
Top Export Markets for Coffee Extract from Serbia in 2022:
- Bosnia and Herzegovina (2079.4 tons)
- North Macedonia (963.2 tons)
- Montenegro (289.0 tons)
- Slovenia (228.2 tons)
- Croatia (219.3 tons)
- Italy (57.8 tons)
This report provides an in-depth analysis of the coffee extract market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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
-
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
-
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
-
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
-
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
-
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
-
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
98
This report provides an in-depth analysis of the coffee extract market in Serbia.
113
This report provides an in-depth analysis of the market for decaffeinated or roasted coffee in Serbia.
260
This report provides an in-depth analysis of the green coffee market in Serbia.
152
This report provides an in-depth analysis of the coffee substitutes market in Serbia.
45
This report provides an in-depth analysis of the unroasted decaffeinated coffee market in Serbia.
102
This report provides an in-depth analysis of the non-decaffeinated roasted coffee market in Serbia.
122
This report provides an in-depth analysis of the roasted decaffeinated coffee market in Serbia.
130
This report provides an in-depth analysis of the roasted coffee market in Serbia.
98
This report provides an in-depth analysis of the decaffeinated coffee market in Serbia.
1306
This report provides an in-depth analysis of the global coffee extract market.
1563
In 2016, the amount of coffee extract imported worldwide stood at X tons, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% over ...
1242
In 2016, the amount of coffee extract imported worldwide stood at X tons, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% over ...
1653
The Warwick Ice Cream Company and Autocrat LLC, a leading U.S. supplier of coffee and tea extracts with over X years of experience, combined their areas of expertise to produce a delicious coffee milk ice cream. The companies spent a year experimenti
231
Explore the top import markets for decaffeinated or roasted coffee, including key statistics and insights. Discover the valuable data and analysis provided by the IndexBox Market Intelligence Platform.
343
Explore the top import markets for green coffee beans and their key statistics. The United States, Germany, Italy, Japan, and Switzerland lead the way in satisfying the global demand for quality green coffee. Discover the trends and market insights on IndexBox market intelligence platform.
1065
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.
731
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.
1602
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.
1787
Global green coffee consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1227
Global green coffee exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
