Updated Feb 7, 2023 12:18

Roasted Coffee Market in China

Market Overview
The Chinese roasted coffee market reduced slightly to $ in , declining 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 strong increase. Roasted coffee consumption peaked at $ in 2019; however, from to , consumption stood at a somewhat lower figure.

In value terms, roasted coffee production dropped to $ in estimated in export price. Overall, production, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by % against the previous year. Roasted coffee production peaked at $ in 2019; however, from to , production remained at a lower figure.


Consumption
In , approx. tons of roasted coffee were consumed in China; approximately reflecting the year before. In general, the total consumption indicated a perceptible increase 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 most prominent rate of growth was recorded in 2017 with an increase of % against the previous year. Over the period under review, consumption reached the maximum volume at tons in 2019; afterwards, it flattened through to .

The size of the roasted coffee market in China contracted modestly to $ in , declining 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 strong growth. Over the period under review, the market attained the maximum level at $ in 2019; however, from to , consumption remained at a lower figure.


Consumption by Type
Roasted coffee (not decaffeinated) ( tons) constituted the product with the largest volume of consumption, comprising approx. % of total volume. It was followed by roasted decaffeinated coffee ( tons), with a % share of total consumption.

From 2007 to , the average annual rate of growth in terms of the volume of roasted coffee (not decaffeinated) consumptions stood at +%.

In value terms, roasted coffee (not decaffeinated) ($) led the market, alone. The second position in the ranking was held by roasted decaffeinated coffee ($).

From 2007 to , the average annual growth rate of the value of roasted coffee (not decaffeinated) markets amounted to +%.


Market Forecast
Driven by increasing demand for roasted coffee 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 $.