Updated Oct 9, 2022 15:57

Roasted Coffee Substitutes Market in Japan

Market Overview
In , the Japanese roasted coffee substitutes market decreased by -% to $ for the first time since 2016, thus ending a four-year rising trend. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2012 to , the growth of the market remained at a lower figure.

In value terms, roasted coffee substitutes production dropped slightly to $ in estimated in export price. In general, production showed a mild contraction. The most prominent rate of growth was recorded in 2011 when the production volume increased by %. As a result, production reached the peak level of $. From 2012 to , production growth remained at a somewhat lower figure.


Consumption
In , consumption of roasted chicory and other roasted coffee substitutes decreased by -% to tons, falling for the second consecutive year after four years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. Roasted coffee substitutes consumption peaked at tons in 2007; however, from 2008 to , consumption remained at a lower figure.

The value of the roasted coffee substitutes market in Japan shrank to $ in , dropping 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 showed a mild decrease. As a result, consumption attained the peak level of $. From 2012 to , the growth of the market remained at a lower figure.


Market Forecast
Depressed by shrinking demand for roasted coffee substitutes in Japan, 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 Japan 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 Japan 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 remained relatively constant over the period under review. The growth in the share of Japan imports of in the roasted coffee substitutes market structure from % in 2007 to % in is explained by a more substantial reduction in output, compared with a decrease in imports. 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
Japan remains a net importer of roasted coffee substitutes; 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.