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During the review period, Cocoa Bean imports peaked at 135K tons in 2022 before declining the following year. In terms of value, Cocoa Bean imports saw a substantial increase to $359M in 2023.
During the period analyzed, Tea exports peaked at 25K tons in 2020 but failed to regain momentum from 2021 to 2023. In terms of value, Tea exports decreased to $244M in 2023.
The exports of Roasted Coffee peaked at 286K tons in 2022, and then slightly contracted in the following year. In value terms, non-decaffeinated roasted coffee exports expanded notably to $2.5B in 2023.
Mate exports reached a peak of 55K tons in 2021, but dropped to a lower figure from 2022 to 2023. The value of mate exports also decreased to $89M in 2023.
Exports of Coffee Substitutes reached a peak and are expected to keep growing in the near future, with a value of $5.9M in 2023.
Green Coffee exports reached a peak of 2.4M tons in 2020, but saw a slight decline from 2021 to 2023. In terms of value, exports dropped to $7.3B in 2023.
Imports of Tea peaked at 4.5K tons in 2019; however, from 2020 to 2023, imports remained at a lower figure. In value terms, tea imports skyrocketed to $23M in 2023.
Cocoa Bean imports reached a peak of 473K tons in 2022, falling the next year. In terms of value, cocoa bean imports surged to $1.4B in 2023.
During the period analyzed, imports peaked at 510K tons in 2022 before decreasing the following year. In terms of value, Coffee And Tea imports reached $4.2B in 2023.
Chicory exports reached a peak of 2.8K tons in 2019, but failed to regain momentum from 2020 to 2023. In value terms, Chicory exports amounted to $2.8M in 2023.
The global market for roasted coffee is expected to experience growth over the next seven years, driven by increasing demand. Market performance is forecasted to expand with a CAGR of +3.7% in volume and +5.8% in value from 2023 to 2030, reaching 20M tons and $171.6B respectively by the end of 2030.
Tea exports reached a record high of 24K tons in 2020 but failed to regain momentum from 2021 to 2023. In terms of value, tea exports slightly decreased to $244M in 2023.