Updated Oct 9, 2022 15:52

Roasted Coffee Substitutes Market in France

Market Overview
After four years of growth, the French roasted coffee substitutes market decreased by -% to $ in . In general, the total consumption indicated a measured increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. Over the period under review, the market attained the maximum level at $ in , and then fell in the following year.

In value terms, roasted coffee substitutes production dropped to $ in estimated in export price. In general, production, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by %. Roasted coffee substitutes production peaked at $ in , and then shrank in the following year.


Consumption
In , consumption of roasted chicory and other roasted coffee substitutes decreased by -% to tons, falling for the second year in a row after four years of growth. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at tons in ; however, from to , consumption failed to regain momentum.

The size of the roasted coffee substitutes market in France stood at $ in , remaining stable 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, saw measured growth. Roasted coffee substitutes consumption peaked at $ in ; however, from to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for roasted coffee substitutes in France, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract 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, the share of imports in terms of total roasted coffee substitutes consumption in France was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the France roasted coffee substitutes market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
France remains a net importer of roasted coffee substitutes; 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 $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.