U.S. Coffee And Tea Market. Analysis And Forecast to 2030
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCoffee and Tea Price in the United States - 2023
Contents:
- Coffee and Tea Price in the United States (CIF) - 2023
- Coffee and Tea Price in the United States (FOB) - 2023
- Coffee and Tea Imports in the United States
- Coffee and Tea Exports in the United States
Coffee and Tea Price in the United States (CIF) - 2023
In August 2023, the average coffee and tea import price amounted to $9,878 per ton, surging by 12% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 16% against the previous month. Over the period under review, average import prices reached the peak figure in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Switzerland ($61,657 per ton), while the price for Argentina ($1,367 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee and Tea Price in the United States (FOB) - 2023
The average coffee and tea export price stood at $8,214 per ton in August 2023, increasing by 12% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $8,286 per ton in December 2022; however, from January 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($12,600 per ton), while the average price for exports to Thailand ($3,363 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Coffee and Tea Imports in the United States
Coffee and tea imports into the United States expanded remarkably to 510K tons in 2022, growing by 7.8% on 2021 figures. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, coffee and tea imports surged to $4B in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +53.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Coffee and Tea in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 361 | 455 | 791 | 853 | 33.2% |
| Canada | 509 | 481 | 530 | 713 | 11.9% |
| Colombia | 168 | 198 | 227 | 349 | 27.6% |
| Mexico | 173 | 180 | 207 | 283 | 17.8% |
| Brazil | 163 | 178 | 171 | 264 | 17.4% |
| Germany | 170 | 133 | 155 | 216 | 8.3% |
| Italy | 133 | 98.3 | 135 | 146 | 3.2% |
| India | 106 | 102 | 134 | 144 | 10.8% |
| China | 151 | 133 | 133 | 139 | -2.7% |
| Vietnam | 52.5 | 68.0 | 64.4 | 76.8 | 13.5% |
| Argentina | 65.0 | 56.4 | 61.3 | 62.5 | -1.3% |
| Indonesia | 30.5 | 23.9 | 21.0 | 21.2 | -11.4% |
| Others | 546 | 619 | 664 | 778 | 12.5% |
| Total | 2,628 | 2,725 | 3,294 | 4,046 | 15.5% |
Top Suppliers of Coffee and Tea to the United States in 2022:
- Canada (102.7K tons)
- Mexico (48.0K tons)
- Argentina (47.1K tons)
- Brazil (39.9K tons)
- Germany (32.9K tons)
- Colombia (31.5K tons)
- China (24.0K tons)
- India (22.7K tons)
- Vietnam (21.9K tons)
- Switzerland (17.3K tons)
- Italy (13.5K tons)
- Indonesia (6.1K tons)
Coffee and Tea Exports in the United States
Coffee and tea exports from the United States was estimated at 191K tons in 2022, growing by 7.7% against the year before. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, coffee and tea exports surged to $1.5B in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Coffee and Tea in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 666 | 607 | 610 | 739 | 3.5% |
| South Korea | 105 | 112 | 117 | 159 | 14.8% |
| Mexico | 84.5 | 71.4 | 85.5 | 116 | 11.1% |
| Japan | 58.7 | 57.7 | 61.0 | 65.6 | 3.8% |
| Netherlands | 27.1 | 21.1 | 36.9 | 52.2 | 24.4% |
| Saudi Arabia | 19.2 | 15.8 | 19.9 | 43.6 | 31.4% |
| Taiwan (Chinese) | 34.6 | 36.0 | 33.5 | 36.6 | 1.9% |
| Germany | 16.8 | 24.1 | 25.3 | 20.8 | 7.4% |
| Thailand | 17.5 | 16.4 | 19.0 | 17.8 | 0.6% |
| Others | 267 | 235 | 243 | 209 | -7.8% |
| Total | 1,296 | 1,197 | 1,251 | 1,459 | 4.0% |
Top Export Markets for Coffee and Tea from the United States in 2022:
- Canada (110.0K tons)
- South Korea (15.9K tons)
- Mexico (11.6K tons)
- Japan (6.7K tons)
- Saudi Arabia (5.5K tons)
- Thailand (5.0K tons)
- Taiwan (Chinese) (4.1K tons)
- Germany (3.5K tons)
- Netherlands (3.2K tons)
This report provides an in-depth analysis of the coffee and tea market in the U.S.. 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:
- NAICS 311920 - Coffee and tea manufacturing
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
1664
This report provides an in-depth analysis of the coffee and tea market in the U.S..
1696
This report provides an in-depth analysis of the market for frozen cake and pastry in the U.S..
934
This report provides an in-depth analysis of the tortilla market in the U.S..
1178
This report provides an in-depth analysis of the spice and extract market in the U.S..
982
This report provides an in-depth analysis of the market for soybean and other oilseed processing in the U.S..
1466
This report provides an in-depth analysis of the snack food market in the U.S..
1856
This report provides an in-depth analysis of the seafood product market in the U.S..
1925
This report provides an in-depth analysis of the sausage market in the U.S..
2004
This report provides an in-depth analysis of the market for roasted nut and peanut butter in the U.S..
1460
This report provides an in-depth analysis of the retail bakery market in the U.S..
379
This article discusses the import price and volume of coffee and tea in the United States during January 2023. The import price increased by 4.2%, and the country with the highest price was Switzerland ($44,591 per ton). Coffee and tea imports rose by 5.8% month-to-month, with Canada, Mexico, and Brazil being the main suppliers. The article also presents data on the most notable rates of growth for imports and the main suppliers in terms of purchases and value.
634
The revenue of the coffee and tea market in the U.S. amounted to $15.9B in 2018, picking up by 3.9% against the...
1210
Driven by ongoing economic and income growth, the rising popularity of coffee houses and coffee-shops, and the increasing awareness of healthy beverages in the U.S., the coffee and tea sector as a whole is expected to continue a steady upward consumpti
833
For the seventh consecutive year, the U.S. frozen cake and pastry market recorded growth in sales value, which...
4769
The revenue of the frozen cake and pastry market in the U.S. amounted to $6.4B in 2018, rising by 4.3% against the previou...
2176
From 2008 to 2015, the U.S. tortilla market showed steady growth. It expanded from X billion USD in 2008 to X billion USD in 2015 with a CAGR rise of +X%.
252
In May 2023, the imports of Snack Food saw the highest growth rate, with a 19% increase compared to the previous month. The value of snack food imports reached $85M in October 2023.
525
In June 2023, the price of snack food remained stable at $4,442 per ton (CIF, US), maintaining its level from the previous month.
184
In February 2023, the price of snack food rose to $4,417 per ton (CIF, US), an increase of 2.6% compared to the previous month.
639
Looking for profitable business ideas in the snack food market? Check out our list of 7 winning ideas, backed by key statistics and trends.
