U.S.: Market for Coffee (Decaffeinated or Roasted) 2024

Market Size for Coffee (Decaffeinated or Roasted) in the U.S.

In 2023, after two years of growth, there was significant decline in the U.S. decaffeinated or roasted coffee market, when its value decreased by X% to $X. Over the period under review, consumption recorded a pronounced shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Coffee (Decaffeinated or Roasted) in the U.S.

In value terms, decaffeinated or roasted coffee production expanded markedly to $X in 2023. Over the period under review, the total production indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production reached the peak level in 2023 and is expected to retain growth in the immediate term.

Exports of Coffee (Decaffeinated or Roasted)

Exports from the U.S.

After two years of growth, overseas shipments of coffee (decaffeinated or roasted) decreased by X% to X tons in 2023. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, decaffeinated or roasted coffee exports expanded slightly to $X in 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in the near future.

Exports by Country

Canada (X tons) was the main destination for decaffeinated or roasted coffee exports from the United States, accounting for a X% share of total exports. Moreover, decaffeinated or roasted coffee exports to Canada exceeded the volume sent to the second major destination, South Korea (X tons), sixfold. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Japan (X% per year).

In value terms, Canada ($X) remains the key foreign market for coffee (decaffeinated or roasted) exports from the United States, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Japan (X% per year).

Export Prices by Country

The average decaffeinated or roasted coffee export price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the export price saw a modest expansion. The pace of growth appeared the most rapid in 2022 an increase of X%. Over the period under review, the average export prices hit record highs in 2023 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and Mexico ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coffee (Decaffeinated or Roasted)

Imports into the U.S.

In 2023, purchases abroad of coffee (decaffeinated or roasted) decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2023, the growth of imports remained at a lower figure.

In value terms, decaffeinated or roasted coffee imports expanded sharply to $X in 2023. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, Canada (X tons) constituted the largest decaffeinated or roasted coffee supplier to the United States, with a X% share of total imports. Moreover, decaffeinated or roasted coffee imports from Canada exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Mexico (X tons), with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Mexico (X% per year).

In value terms, the largest decaffeinated or roasted coffee suppliers to the United States were Switzerland ($X), Canada ($X) and Italy ($X), with a combined X% share of total imports.

Switzerland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average decaffeinated or roasted coffee import price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the import price posted a buoyant increase. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2023 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform