Belarus - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoffee Extract Price in Belarus - 2022
Contents:
- Coffee Extract Price in Belarus (CIF) - 2022
- Coffee Extract Price in Belarus (FOB) - 2022
- Coffee Extract Imports in Belarus
- Coffee Extract Exports in Belarus
Coffee Extract Price in Belarus (CIF) - 2022
In March 2022, the average coffee extract import price amounted to $8,188 per ton, dropping by -16% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 20% m-o-m. Over the period under review, average import prices hit record highs at $9,747 per ton in February 2022, and then shrank significantly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Russia ($8,576 per ton), while the price for Turkey ($702 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.9%), while the prices for the other major suppliers experienced a decline.
Coffee Extract Price in Belarus (FOB) - 2022
The average coffee extract export price stood at $6,961 per ton in March 2022, falling by -8.4% against the previous month. Over the period under review, export price indicated perceptible growth from March 2021 to March 2022: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, coffee extract export price decreased by -8.4% against February 2022 indices. The pace of growth appeared the most rapid in January 2022 an increase of 32% against the previous month. Over the period under review, the average export prices reached the peak figure at $7,602 per ton in February 2022, and then fell in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($20,557 per ton), while the average price for exports to Russia ($3,032 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Coffee Extract Imports in Belarus
In 2022, approx. 11K tons of coffee extracts, essences and concentrates were imported into Belarus; picking up by 2.1% on 2021 figures. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, coffee extract imports expanded sharply to $97M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Coffee Extract in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 59.3 | 64.2 | 74.8 | 83.5 | 12.1% |
| Netherlands | 1.4 | 1.2 | 0.8 | 1.3 | -2.4% |
| Ukraine | 0.9 | 0.3 | 0.7 | 0.8 | -3.9% |
| India | 1.2 | 0.7 | 0.3 | 0.8 | -12.6% |
| Turkey | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 10.9 | 8.8 | 9.2 | 10.2 | -2.2% |
| Total | 74.0 | 75.4 | 86.0 | 96.8 | 9.4% |
Top Suppliers of Coffee Extract to Belarus in 2022:
- Russia (8.6K tons)
- Netherlands (0.3K tons)
- Ukraine (0.2K tons)
- Turkey (0.2K tons)
- India (0.1K tons)
Coffee Extract Exports in Belarus
In 2022, overseas shipments of coffee extracts, essences and concentrates decreased by -9.7% to 4.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 58% against the previous year.
In value terms, coffee extract exports surged to $31M in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 63%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Coffee Extract in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.2 | 3.5 | 7.6 | 11.3 | 111.2% |
| Russia | 3.4 | 4.2 | 4.7 | 6.3 | 22.8% |
| Poland | 4.5 | 3.9 | 3.6 | 5.8 | 8.8% |
| Latvia | 1.1 | 2.9 | 3.7 | 5.4 | 70.0% |
| Ukraine | 0.5 | 0.5 | 1.7 | 2.3 | 66.3% |
| United Kingdom | N/A | N/A | 1.7 | N/A | 0% |
| Others | 0.3 | 2.7 | 4.0 | 0.4 | 10.1% |
| Total | 10.9 | 17.7 | 26.8 | 31.5 | 42.4% |
Top Export Markets for Coffee Extract from Belarus in 2022:
- Lithuania (1668.1 tons)
- Russia (1459.3 tons)
- Latvia (912.1 tons)
- Poland (382.0 tons)
- Ukraine (208.8 tons)
This report provides an in-depth analysis of the coffee extract market in Belarus. 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 10831210 - Coffee substitutes containing coffee
- Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- 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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