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Hong Kong SAR, China - Decaffeinated Coffee - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDecaffeinated Coffee Price in Hong Kong SAR - 2023
Contents:
- Decaffeinated Coffee Price in Hong Kong SAR (CIF) - 2022
- Decaffeinated Coffee Price in Hong Kong SAR (FOB) - 2022
- Decaffeinated Coffee Imports in Hong Kong SAR
- Decaffeinated Coffee Exports in Hong Kong SAR
Decaffeinated Coffee Price in Hong Kong SAR (CIF) - 2022
In 2022, the average decaffeinated coffee import price amounted to $5,256 per ton, shrinking by -14.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 50%. As a result, import price reached the peak level of $8,459 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($15,230 per ton), while the price for Japan ($1,434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Decaffeinated Coffee Price in Hong Kong SAR (FOB) - 2022
In 2022, the average decaffeinated coffee export price amounted to $9,440 per ton, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 34%. The export price peaked at $9,570 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($10,596 per ton), while the average price for exports to Macao SAR stood at $3,565 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.0%).
Decaffeinated Coffee Imports in Hong Kong SAR
For the fourth year in a row, Hong Kong SAR recorded growth in supplies from abroad of decaffeinated coffee, which increased by 38% to 331 tons in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% 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 +57.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, decaffeinated coffee imports skyrocketed to $1.7M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Decaffeinated Coffee in Hong Kong SAR (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 735 | 667 | 752 | 769 | 1.5% |
Italy | 407 | 50.2 | 277 | 452 | 3.6% |
New Zealand | 47.6 | 26.3 | 135 | 206 | 63.0% |
Japan | 147 | 180 | 120 | 138 | -2.1% |
United Kingdom | 8.5 | 12.8 | 22.7 | 75.8 | 107.4% |
United States | 58.3 | 54.4 | 64.7 | 63.8 | 3.1% |
Others | 114 | 165 | 100 | 36.2 | -31.8% |
Total | 1,518 | 1,156 | 1,471 | 1,741 | 4.7% |
Top Suppliers of Decaffeinated Coffee to Hong Kong SAR in 2022:
- Macao SAR (153.4 tons)
- Japan (96.0 tons)
- Italy (50.1 tons)
- New Zealand (13.6 tons)
- United States (9.8 tons)
- United Kingdom (6.1 tons)
Decaffeinated Coffee Exports in Hong Kong SAR
In 2022, after two years of decline, there was significant growth in overseas shipments of decaffeinated coffee, when their volume increased by 40% to 14 tons. In general, exports, however, recorded a precipitous slump.
In value terms, decaffeinated coffee exports soared to $136K in 2022. Overall, exports, however, continue to indicate a dramatic decline.
Export of Decaffeinated Coffee in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,132 | 76.3 | 92.0 | 121 | -52.5% |
Macao SAR | 4.2 | 10.3 | 4.4 | 10.0 | 33.5% |
Others | 16.8 | 5.4 | 2.0 | 5.2 | -32.4% |
Total | 1,154 | 92.0 | 98.5 | 136 | -51.0% |
Top Export Markets for Decaffeinated Coffee from Hong Kong SAR in 2022:
- China (11.4 tons)
- Macao SAR (2.8 tons)
This report provides an in-depth analysis of the decaffeinated coffee 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 10831130 - Decaffeinated coffee, not roasted
- Prodcom 10831170 - Roasted decaffeinated 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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