Updated Feb 7, 2023 11:41

Roasted Coffee Market in Brazil

Market Overview
The Brazilian roasted coffee market declined 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). In general, consumption, however, saw a relatively flat trend pattern. Roasted coffee consumption peaked at $ in 2013; however, from 2014 to , consumption failed to regain momentum.

In value terms, roasted coffee production dropped to $ in estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the production volume increased by % against the previous year. Roasted coffee production peaked at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.


Consumption
In , the amount of roasted coffee consumed in Brazil fell modestly to tons, dropping by -% against . Overall, consumption, however, showed modest growth. Over the period under review, consumption hit record highs at tons in 2019; however, from to , consumption failed to regain momentum.

The revenue of the roasted coffee market in Brazil declined to $ in , with a decrease of -% 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, saw a relatively flat trend pattern. Roasted coffee consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat 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 growth rate 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 was relatively modest.


Market Forecast
Driven by increasing demand for roasted coffee in Brazil, the market is expected to continue an upward consumption trend over the next eight years. 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 Brazil 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
Brazil remains a net importer of roasted coffee; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.