Updated Oct 9, 2022 15:53

Roasted Coffee Substitutes Market in Germany

Market Overview
After five years of growth, the German roasted coffee substitutes market decreased by -% to $ in . In general, consumption, however, enjoyed a strong increase. Over the period under review, the market hit record highs at $ in , and then shrank in the following year.

In value terms, roasted coffee substitutes production shrank to $ in estimated in export price. In general, production, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in , and then reduced in the following year.


Consumption
In , consumption of roasted chicory and other roasted coffee substitutes in Germany was estimated at tons, rising by % compared with the previous year's figure. In general, consumption posted buoyant growth. Roasted coffee substitutes consumption peaked at tons in ; however, from to , consumption failed to regain momentum.

The size of the roasted coffee substitutes market in Germany totaled $ in , with an increase 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). Overall, consumption posted a strong expansion. Roasted coffee substitutes consumption peaked at $ in ; however, from to , consumption remained at a lower figure.


Market Forecast
Driven by increasing demand for roasted coffee substitutes in Germany, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, 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
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Germany domestic supply is expected to continue its growth. 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
Germany 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.