Coffee Export and Import Market

Global Revenue Growth:

Globally, the revenue growth of coffee in 2020 is pretty stable. Coffee roast is at 5.4% and instant coffee is at 6.1%. In year 2025, instant coffee is expected to drop to 6.0% from the 7.2% in 2024. Roast coffee has a peak drop in year 2024 but is expected to increase to 5.2% in 2025. Overall, the revenue growth of both types of coffee is stable throughout 2020 to 2023.

Global Revenue:

Globally, coffee revenue is expected to be $448,382 million US dollars in year 2020 and $585,258 million dollars in 2025. Globally, the coffee industry is a good place to do marketing in because the CAGR expects to grow annually by 5.5%. Roast coffee makes more revenue than instant coffee so roast coffee would be a better product to do business in.

Overall, with the continuous growth in revenue globally, introducing more coffee products can be ideal for a business.

Coffee Segment Price Per Unit: 

Average Retail Value Per Unit

• The average price per unit for both roast and instant coffee is $61.72 US dollars in 2020 and is expected to grow to $74.62 dollars in 2025. This is the total price per unit of coffee.

• Price per unit for roast coffee equals to $57.34 US dollars in 2020 and is expected to grow to $68.41 dollars in 2025.
• Price per unit for instant coffee equals to $76.80 US dollars in 2020 and is expected to grow to $95.51 dollars in 2025

Coffee Market Analysis:

Coffee is one of the most consumed beverages worldwide. The CAGR is expected to grow 5.5% annually from years 2020 to 2025. The coffee industry is a good industry to do business in because the coffee revenue continues to rise. The total revenue worldwide equals to $448,383 million dollars and the US leads the coffee industry with a revenue of $86,207 million dollars. The average revenue per capita equals to $60.25 dollars and the consumption rate is 1.0 kilograms per person in year 2020. The revenue growth rate is pretty stable within the next five years only with a slight decrease in year 2023. Overall, the coffee market is increasing in demand and the revenue is increasing stabally. 

 Import/Export:

Global coffee importers with the highest coffee dollar value in 2018.

 

US Revenue Growth:

In the United States, the revenue growth of coffee has been decreasing. In 2020, the average revenue growth is 4.6% and will decrease to 3.3% in 2025. Instant coffee revenue growth is a bit greater than roast coffee.

 US Revenue:

In 2020, the United States’ coffee revenue is expected to be $86,205 million in US dollars. The coffee revenue is increasing throughout the years and is expected to reach $102,643 million dollars in year 2025. The United States has a good market for coffee because of the continuous increase in revenue. The CAGR is expected to grow by 3.6% annually.

Roast coffee is the leading type of coffee with a large market segment. The roast coffee revenue equals to $70,606 million US dollars and instant coffee only amount to $15,601 million US dollars.

Coffee Segment Price Per Unit:

Average Retail Value Per Unit

• The average price per unit for both roast and instant coffee is $69.20 US dollars in 2020 and is expected to grow to $77.89 dollars in 2025. This is the total price per unit of coffee.

• Price per unit for roast coffee equals to $62.26 US dollars in 2020 and is expected to grow to $69.85 dollars in 2025.

• Price per unit for instant coffee equals to $139.72 US dollars in 2020 and is expected to grow to $159.50 dollars in 2025. 

United States’ Coffee Market Analysis:

The CAGR is expected to grow 3.6% annually from years 2020 to 2025. The coffee industry is a good industry to do business in because the United States generates the most coffee revenue globally. The US leads the coffee industry with a revenue of $86,207 million US dollars. The revenue growth rate is expected to drop throughout the years but it should not affect the overall coffee industry revenue. Overall, the coffee market is increasing in demand and the revenue is increasing stabally.  

United States’ Import/Export:

In 2018, the United States’ import dollar value equals $5.7 billion dollars and exports are $861.2 million dollars. 

Coffee Trends in the United States:

According to NCDT, “63% of American adults drink coffee daily” and it was said that coffee is a top favorite beverage in America. Individuals are starting to prefer gourmet coffee and is more concerned on the quality of their coffee than the quantity.

• Cold brew coffee and/or nitro cold brew is the new big thing in the coffee industry. According to a study from the National Coffee Association, there are 60% of people that has heard of cold brew but never tried it. There should be more advertising to entice individuals to try out this coffee.
• There is a trend that says coffee has health benefits. In modern day, there are many health-conscious individuals that drinks coffee and more youth are starting to consume coffee.

• Iced coffee and specialty drinks are popular amongst millennials. Snapchilled coffee is a new chilled coffee that rapidly cools down after hot brewing. It is a good alternative to prevent ice cubes from diluting the coffee.
• In 2020, there is a trend that has coffee and cola as a combination drink. Pepsi is also planning to release a drink that has twice as much caffeine as a regular soda.
• Many coffee shops now offer non-dairy milk as substitutes. They are adapting to the current health lifestyle.
• Sustainability seems to be playing a big part in the coffee industry as there are more reusable cups, better packaging without plastic, and organic coffee beans.

About us

Global Marketing Associates has been helping food and beverage companies expand globally for over 15 years. Contact us for a free consultation to learn more about how we can help your company grow export sales.

Email: bthomas@globalmarketing1.com
Main Website: www.globalmarketing1.com
Food Export Market: www.foodexportmarket.com