Updated Feb 7, 2023 12:16

Roasted Coffee Market in China

Market Overview
The Chinese roasted coffee market fell slightly to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a remarkable increase. Roasted coffee consumption peaked at $ in 2019; however, from to , consumption failed to regain momentum.

In value terms, roasted coffee production shrank to $ in estimated in export price. Overall, production, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by % against the previous year. Roasted coffee production peaked at $ in 2019; however, from to , production failed to regain momentum.


Consumption
In , roasted coffee consumption in China shrank slightly to tons, flattening at . In general, the total consumption indicated a noticeable expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of % against the previous year. Over the period under review, consumption reached the peak volume at tons in 2019; afterwards, it flattened through to .

The size of the roasted coffee market in China shrank to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a prominent increase. Roasted coffee consumption peaked at $ in 2019; however, from to , consumption failed to regain momentum.


Market Forecast
Driven by increasing demand for roasted coffee (not decaffeinated) in China, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Over the period under review, imports of roasted coffee in China were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for roasted coffee. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
China remains a net importer of roasted coffee; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.