Spain - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Spain - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Coffee Extract Price in Spain - 2023

Contents:

  1. Coffee Extract Price in Spain (FOB) - 2023
  2. Coffee Extract Price in Spain (CIF) - 2023
  3. Coffee Extract Exports in Spain
  4. Coffee Extract Imports in Spain

Coffee Extract Price in Spain (FOB) - 2023

In July 2023, the average coffee extract export price amounted to $11,380 per ton, with an increase of 2.4% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in January 2023 an increase of 16% month-to-month. Over the period under review, the average export prices hit record highs at $12,122 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Italy ($13,335 per ton), while the average price for exports to Australia ($5,666 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 Portugal (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Coffee Extract Price in Spain (CIF) - 2023

In July 2023, the average coffee extract import price amounted to $4,440 per ton, with a decrease of -7.4% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in September 2022 when the average import price increased by 24% month-to-month. Over the period under review, average import prices attained the maximum at $5,527 per ton in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Vietnam ($9,539 per ton), while the price for Germany ($2,440 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 Netherlands (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Coffee Extract Exports in Spain

For the fourth year in a row, Spain recorded growth in shipments abroad of coffee extracts, essences and concentrates, which increased by 1.4% to 58K tons in 2022. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, coffee extract exports surged to $601M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Coffee Extract in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom76.779.479.185.23.6%
France40.450.454.963.716.4%
Poland27.136.737.650.723.2%
Germany44.942.841.348.52.6%
Turkey18.114.922.646.637.1%
Greece39.335.634.444.74.4%
Hungary10.411.714.132.546.2%
Czech Republic8.87.919.330.050.5%
Italy18.122.124.324.510.6%
Egypt12.712.213.120.617.5%
Portugal12.612.517.418.914.5%
South Africa13.916.712.816.35.5%
United States13.615.012.315.13.5%
Others60.280.489.310420.0%
Total39743847360114.8%

Top Export Markets for Coffee Extract from Spain in 2022:

  1. United Kingdom (7.5K tons)
  2. Turkey (6.0K tons)
  3. France (5.7K tons)
  4. Greece (5.1K tons)
  5. Poland (4.9K tons)
  6. Germany (3.8K tons)
  7. Hungary (3.6K tons)
  8. Czech Republic (2.8K tons)
  9. Italy (2.3K tons)
  10. Egypt (2.2K tons)
  11. Portugal (2.0K tons)
  12. South Africa (1.7K tons)
  13. United States (1.1K tons)

Coffee Extract Imports in Spain

In 2022, coffee extract imports into Spain expanded notably to 20K tons, with an increase of 6.4% on 2021. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, coffee extract imports reached $123M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Coffee Extract in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.610.235.436.677.0%
France10.47.07.015.313.7%
Vietnam6.215.210.415.034.2%
Italy14.48.811.713.9-1.2%
United Kingdom10.68.611.67.8-9.7%
Netherlands6.85.36.37.63.8%
Mexico8.45.24.07.6-3.3%
Hungary1.51.10.92.823.1%
Austria1.21.12.02.527.7%
Brazil5.55.04.01.9-29.8%
Switzerland5.91.91.51.6-35.3%
Others8.89.712.910.87.1%
Total86.379.110812312.5%

Top Suppliers of Coffee Extract to Spain in 2022:

  1. Germany (6.4K tons)
  2. France (3.7K tons)
  3. Vietnam (1.6K tons)
  4. Italy (1.4K tons)
  5. Netherlands (1.0K tons)
  6. Austria (1.0K tons)
  7. United Kingdom (0.9K tons)
  8. Hungary (0.9K tons)
  9. Mexico (0.8K tons)
  10. Brazil (0.3K tons)
  11. Switzerland (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coffee extract market in Spain. 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:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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