Hong Kong SAR, China - Coffee Substitutes Containing Coffee - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCoffee Substitutes Price in Hong Kong SAR - 2022
Contents:
- Coffee Substitutes Price in Hong Kong SAR (FOB) - 2022
- Coffee Substitutes Price in Hong Kong SAR (CIF) - 2022
- Coffee Substitutes Exports in Hong Kong SAR
- Coffee Substitutes Imports in Hong Kong SAR
Coffee Substitutes Price in Hong Kong SAR (FOB) - 2022
In 2022, the average coffee substitutes export price amounted to $7,299 per ton, dropping by -41.8% against the previous year. In general, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 35% against the previous year. The export price peaked at $14,074 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +7.4% per year.
Coffee Substitutes Price in Hong Kong SAR (CIF) - 2022
The average coffee substitutes import price stood at $11,061 per ton in 2022, waning by -1.9% against the previous year. In general, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 40%. The import price peaked at $11,272 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($21,216 per ton), while the price for Vietnam ($1,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee Substitutes Exports in Hong Kong SAR
In 2022, exports of coffee substitutes containing coffee from Hong Kong SAR soared to 7.4 tons, picking up by 56% on 2021. Overall, exports, however, recorded a perceptible setback.
In value terms, coffee substitutes exports reduced to $54K in 2022. Over the period under review, exports, however, continue to indicate a abrupt downturn. The smallest decline of -3% was in 2021.
Export of Coffee Substitutes in Hong Kong SAR (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 24.8 | 12.3 | 10.8 | 53.8 | 29.5% |
Macao SAR | 45.2 | 35.2 | 33.7 | N/A | -13.7% |
Malaysia | 10.0 | 7.2 | 6.4 | N/A | -20.0% |
Philippines | 1.6 | 0.6 | 0.1 | N/A | -75.0% |
Togo | 3.0 | 1.3 | 0.4 | N/A | -63.5% |
Others | 6.0 | 4.6 | 8.1 | N/A | 16.2% |
Total | 90.6 | 61.2 | 59.4 | 53.8 | -15.9% |
Top Export Markets for Coffee Substitutes from Hong Kong SAR in 2022:
- China (7.4 tons)
Coffee Substitutes Imports in Hong Kong SAR
In 2022, approx. 100 tons of coffee substitutes containing coffee were imported into Hong Kong SAR; dropping by -19.7% compared with 2021. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports attained the peak of 124 tons, and then dropped significantly in the following year.
In value terms, coffee substitutes imports contracted markedly to $1.1M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 74%. As a result, imports attained the peak of $1.4M, and then fell rapidly in the following year.
Import of Coffee Substitutes in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 49.2 | 137 | 219 | 107 | 29.6% |
United States | 221 | 96.7 | 183 | 89.8 | -25.9% |
Kenya | 0.2 | 31.1 | 94.0 | 44.0 | 503.7% |
United Kingdom | 53.3 | 81.5 | 100 | 35.6 | -12.6% |
Malaysia | 81.4 | 54.1 | 72.2 | 33.8 | -25.4% |
Israel | 32.9 | 64.4 | 49.3 | 27.6 | -5.7% |
Thailand | 17.2 | 1.7 | 55.8 | 26.1 | 14.9% |
Australia | 117 | 71.2 | 72.6 | 23.5 | -41.4% |
Colombia | 28.4 | 21.1 | 32.0 | 15.0 | -19.2% |
Canada | 36.7 | 22.3 | 27.5 | 10.4 | -34.3% |
Vietnam | 7.8 | 3.8 | 8.8 | 4.1 | -19.3% |
Others | 280 | 224 | 489 | 689 | 35.0% |
Total | 925 | 809 | 1,403 | 1,106 | 6.1% |
Top Suppliers of Coffee Substitutes to Hong Kong SAR in 2022:
- United States (16.6 tons)
- Kenya (6.9 tons)
- Italy (5.9 tons)
- Malaysia (4.7 tons)
- Colombia (4.1 tons)
- Vietnam (3.5 tons)
- Israel (2.3 tons)
- Canada (1.7 tons)
- United Kingdom (1.7 tons)
- Thailand (1.6 tons)
- Australia (1.1 tons)
This report provides an in-depth analysis of the coffee substitutes market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10831210 - Coffee substitutes containing coffee
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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