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Philippines - Roasted Coffee - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoasted Coffee Price in the Philippines - 2023
Contents:
- Roasted Coffee Price in the Philippines (CIF) - 2022
- Roasted Coffee Price in the Philippines (FOB) - 2022
- Roasted Coffee Imports in the Philippines
- Roasted Coffee Exports in the Philippines
Roasted Coffee Price in the Philippines (CIF) - 2022
The average roasted coffee import price stood at $10,275 per ton in 2022, picking up by 17% against the previous year. In general, the import price recorded buoyant growth. The growth pace was the most rapid in 2015 when the average import price increased by 143%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($10,649 per ton) and the United States ($10,064 per ton), while the price for Indonesia ($9,665 per ton) and Vietnam ($9,665 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Roasted Coffee Price in the Philippines (FOB) - 2022
In 2022, the average roasted coffee export price amounted to $9,903 per ton, remaining stable against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 362%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Canada ($13,930 per ton) and Norway ($9,714 per ton), while the average price for exports to Saudi Arabia ($9,710 per ton) and the United States ($9,711 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.
Roasted Coffee Imports in the Philippines
In 2022, the amount of roasted coffee imported into the Philippines skyrocketed to 2K tons, increasing by 48% on the previous year. In general, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, roasted coffee imports skyrocketed to $20M in 2022. Over the period under review, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Roasted Coffee in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 6.5 | 3.4 | 4.8 | 12.4 | 24.0% |
Switzerland | 1.5 | 2.2 | 3.4 | 3.2 | 28.7% |
Vietnam | 1.7 | 0.8 | 0.8 | 1.5 | -4.1% |
Singapore | 1.1 | 0.8 | 0.8 | 0.8 | -10.1% |
Italy | 0.4 | 0.1 | 0.2 | 0.4 | 0.0% |
Indonesia | 0.3 | 0.1 | 0.2 | 0.4 | 10.1% |
United Kingdom | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
United States | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
Others | 0.6 | 0.4 | 1.1 | 1.2 | 26.0% |
Total | 12.6 | 8.3 | 11.8 | 20.5 | 17.6% |
Top Suppliers of Roasted Coffee to the Philippines in 2022:
- Malaysia (1164.6 tons)
- Switzerland (320.9 tons)
- Vietnam (156.9 tons)
- Singapore (78.4 tons)
- United Kingdom (44.8 tons)
- Italy (43.7 tons)
- Indonesia (41.5 tons)
- United States (23.3 tons)
Roasted Coffee Exports in the Philippines
In 2022, approx. 14 tons of roasted coffee were exported from the Philippines; rising by 25% compared with the previous year. In general, exports, however, faced a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 486% against the previous year. As a result, the exports attained the peak of 169 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, roasted coffee exports skyrocketed to $139K in 2022. Over the period under review, exports saw a modest expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,004%. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Roasted Coffee in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 22.4 | 17.4 | 52.1 | 50.0 | 30.7% |
Indonesia | N/A | N/A | N/A | 39.3 | 0% |
United States | 0.3 | 3.9 | 18.5 | 16.2 | 278.0% |
United Arab Emirates | 2.1 | 19.7 | 7.9 | 10.1 | 68.8% |
Saudi Arabia | 51.5 | 7.5 | N/A | 9.0 | -44.1% |
Canada | N/A | 0.2 | 3.7 | 8.8 | 563.3% |
Norway | N/A | 0.8 | 2.9 | 4.6 | 139.8% |
Hong Kong SAR | N/A | 1,377 | N/A | N/A | 0% |
Papua New Guinea | 49.7 | 2.6 | 0.6 | N/A | -89.0% |
Others | 6.0 | 28.0 | 24.3 | 0.8 | -48.9% |
Total | 132 | 1,457 | 110 | 139 | 1.7% |
Top Export Markets for Roasted Coffee from the Philippines in 2022:
- Qatar (5.1 tons)
- Indonesia (4.0 tons)
- United States (1.7 tons)
- United Arab Emirates (1.0 tons)
- Saudi Arabia (0.9 tons)
- Canada (0.6 tons)
- Norway (0.5 tons)
This report provides an in-depth analysis of the roasted coffee market in the Philippines. 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 10831150 - Roasted coffee, not decaffeinated
- Prodcom 10831170 - Roasted decaffeinated coffee
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
-
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
This report provides an in-depth analysis of the roasted coffee market in the Philippines.
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This report provides an in-depth analysis of the unroasted decaffeinated coffee market in the Philippines.
This report provides an in-depth analysis of the non-decaffeinated roasted coffee market in the Philippines.
This report provides an in-depth analysis of the roasted decaffeinated coffee market in the Philippines.
This report provides an in-depth analysis of the decaffeinated coffee market in the Philippines.
This report provides an in-depth analysis of the global roasted coffee market.
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Coffee prices remain highly volatile. In 2022, the average annual price for Arabica is forecast to decline thanks to expected production growth, while Robusta price will go up on skyrocketed demand from consumers, preferring cheaper alternatives to more expensive counterparts.
Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.
Coffee yield figures remained robust in 2020 and coffee bean exports increased, despite the disruption to supply chains caused by the Coronavirus restrictions. Home coffee consumption surged, thereby helping to offset the slump in sales following the closure of the HoReCa segment. Average coffee prices remained growing gradually through to Q1 2021.