New Articles

U.S. Coffee And Tea Market Enjoys the Second Year of Solid Gains, Peaking At Almost $16B

coffee and tea market U.S. Decaffeinated Coffee

U.S. Coffee And Tea Market Enjoys the Second Year of Solid Gains, Peaking At Almost $16B

IndexBox has just published a new report: ‘U.S. Coffee And Tea Market. Analysis And Forecast to 2025’. Here is a summary of the report’s key findings.

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 previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.2% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2015, with an increase of 13% against the previous year. Over the period under review, the coffee and tea market attained its maximum level in 2018, and is expected to retain its growth in the near future.

Coffee And Tea Production in the U.S.

In value terms, coffee and tea production totaled $14.5B in 2018. The total output value increased at an average annual rate of +4.7% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015, when the output figure increased by 15% against the previous year. Coffee and tea production peaked in 2018, and is expected to retain its growth in the near future.

Exports from the U.S.

In 2018, approx. 9.6K tonnes of coffee and tea were exported from the U.S.; falling by -11.2% against the previous year. Overall, coffee and tea exports continue to indicate a relatively flat trend pattern. In value terms, coffee and tea exports stood at $50M (IndexBox estimates) in 2018.

Exports by Country

China (936 tonnes), the United Arab Emirates (913 tonnes) and South Korea (870 tonnes) were the main destinations of coffee and tea exports from the U.S., together comprising 28% of total exports. Japan, Belgium, Singapore, the UK, the Philippines, Ireland, Belize, Latvia and the Netherlands lagged somewhat behind, together comprising a further 40%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belgium (+107.1% per year), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($8.4M), China ($4.3M) and South Korea ($4M) appeared to be the largest markets for coffee and tea exported from the U.S. worldwide, together accounting for 34% of total exports.

Export Prices by Country

In 2018, the average coffee and tea export price amounted to $5,190 per tonne, growing by 2.2% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +4.4%. Export prices varied noticeably by the country of destination; the country with the highest export price was Belgium ($14,823 per tonne), while the average price for exports to Japan ($3,408 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Belgium, while the export prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, the amount of coffee and tea imported into the U.S. totaled 305K tonnes, going down by -4.5% against the previous year. Over the period under review, coffee and tea imports continue to indicate a mild setback. The growth pace was the most rapid in 2015, when imports increased by 1% against the previous year. Imports peaked at 330K tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure. In value terms, coffee and tea imports stood at $1.4B (IndexBox estimates) in 2018. Overall, coffee and tea imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, with an increase of 0.7% year-to-year. In that year, coffee and tea imports attained their peak of $1.5B. From 2016 to 2018, the growth of coffee and tea imports failed to regain its momentum.

Imports by Country

Argentina (51K tonnes), Germany (39K tonnes) and Brazil (32K tonnes) were the main suppliers of coffee and tea imports to the U.S., together accounting for 40% of total imports. Viet Nam, Colombia, China, India, Italy, Switzerland, Sri Lanka, Mexico and Indonesia lagged somewhat behind, together comprising a further 43%.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Switzerland, while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($227M), Brazil ($158M) and Germany ($139M) were the largest coffee and tea suppliers to the U.S., with a combined 36% share of total imports.

Import Prices by Country

In 2018, the average coffee and tea import price amounted to $4,737 per tonne, going up by 3.2% against the previous year. Overall, the coffee and tea import price continues to indicate a relatively flat trend pattern. There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was Switzerland ($19,925 per tonne), while the price for Argentina ($1,353 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Switzerland, while the import prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Peet’s Coffee & Tea, Community Coffee Company, Royal Cup, Reily Foods Company, S. & D. Coffee, R.C. Bigelow, Boyd Coffee Company, Keurig Green Mountain, New England Partnership, Imperial, Atlantic Coffee Industrial Solutions, Farmer Bros. Co., F. Gavina & Sons, Coffee Holding Co., Tc Global, The Folger Coffee Company, Celestial Seasonings, East West Tea Company, Millstone Coffee, Jbr, Wm. B. Reily & Company, Tetley US Holdings, CCC Holding, Hie Holdings, Twinlab Corporation, Refreshment Product Services, Inter American Products

Source: IndexBox AI Platform

Vinegar Market in the EU – Germany Emerges As The Largest Importer, Italy Lags Behind Slightly

IndexBox has just published a new report: ‘EU – Vinegar – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the vinegar market in the European Union amounted to $1B in 2018, surging by 5.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). In general, vinegar consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, with an increase of 12% year-to-year. In that year, the vinegar market attained its peak level of $1.1B. From 2012 to 2018, the growth of the vinegar market remained at a somewhat lower figure.

Production in the EU

In 2018, production of vinegar in the European Union stood at 1.2B litres, growing by 4.4% against the previous year. The total output volume increased at an average annual rate of +1.6% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years.

Exports in the EU

In 2018, vinegar exports in the European Union amounted to 409M litres, jumping by 3.7% against the previous year. The total exports indicated a pronounced increase from 2007 to 2018: its volume increased at an average annual rate of +3.4% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the vinegar exports increased by +31.7% against 2015 indices. In value terms, vinegar exports totaled $520M (IndexBox estimates) in 2018.

Exports by Country

In 2018, Italy (124M litres) was the key exporter for vinegar, achieving 30% of total exports. Germany (63M litres) took the second position in the ranking, followed by the Czech Republic (38M litres), Greece (36M litres), Spain (30M litres), the Netherlands (28M litres) and France (26M litres). All these countries together held approx. 54% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($303M) remains the largest vinegar supplier in the European Union, comprising 58% of total vinegar exports. The second position in the ranking was occupied by Spain ($45M), with a 8.7% share of total exports. It was followed by Germany, with a 7.1% share.

Export Prices by Country

In 2018, the vinegar export price in the European Union amounted to $1,273 per thousand litres, going up by 6.5% against the previous year. In general, the vinegar export price continues to indicate a relatively flat trend pattern. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Italy ($2,432 per thousand litres), while the Czech Republic ($325 per thousand litres) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Spain, while the other leaders experienced more modest paces of growth.

Imports in the EU

The imports stood at 306M litres in 2018, growing by 4% against the previous year. The total import volume increased at an average annual rate of +4.0% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. In value terms, vinegar imports totaled $349M (IndexBox estimates) in 2018.

Imports by Country

Germany (60M litres) and Italy (58M litres) represented roughly 39% of total imports of vinegar in 2018. The UK (32M litres) held a 10% share (based on tonnes) of total imports, which put it in second place, followed by France (8.6%), the Netherlands (6.5%) and Hungary (4.5%). The Czech Republic (12M litres), Austria (12M litres), Poland (10M litres), Sweden (9.1M litres), Spain (8.9M litres) and Belgium (7.9M litres) held a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Hungary, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($86M), the UK ($53M) and France ($52M) were the countries with the highest levels of imports in 2018, with a combined 55% share of total imports. Italy, the Netherlands, Spain, Austria, Belgium, Sweden, the Czech Republic, Poland and Hungary lagged somewhat behind, together accounting for a further 35%.

Import Prices by Country

In 2018, the vinegar import price in the European Union amounted to $1,142 per thousand litres, jumping by 13% against the previous year. Over the period under review, the vinegar import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018, an increase of 13% y-o-y. Over the period under review, the import prices for vinegar attained their peak figure at $1,186 per thousand litres in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was France ($1,956 per thousand litres), while Hungary ($331 per thousand litres) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Margarine Market in the Middle East – Trends, Analysis and Forecast

IndexBox has just published a new report, the Middle East – Margarine And Shortening – Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report’s key findings.

The revenue of the margarine and shortening market in Middle East amounted to $1.1B in 2017, growing by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

The market value increased at an average annual rate of +2.8% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of 37% y-o-y. In that year, the margarine and shortening market attained its peak level of $1.4B. From 2012 to 2017, the growth of the margarine and shortening market remained at a somewhat lower figure.

Production in the Middle East

In 2017, approx. 837K tonnes of margarine and shortening were produced in Middle East; growing by 2.4% against the previous year. The margarine and shortening production continues to indicate a relatively flat trend pattern.

Exports in the Middle East

In 2017, exports of margarine and shortening in Middle East amounted to 165K tonnes, coming down by -22.4% against the previous year. Overall, the total exports indicated a modest expansion over the last decade, increasing at an average annual rate of +1.9% from 2007 to 2017. In value terms, margarine and shortening exports stood at $183M (IndexBox estimates) in 2017.

Exports by Country

Turkey prevails in margarine and shortening exports structure, recording 141K tonnes, which was approx. 85% of total exports in 2017. It was distantly followed by Oman (13K tonnes), achieving 7.6% share of total exports. The United Arab Emirates (7.1K tonnes) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of +2.3% from 2007 to 2017. At the same time, Oman (+22.5%) displayed positive paces of growth. Moreover, Oman emerged as the fastest growing exporter in Middle East, with a CAGR of +22.5% from 2007-2017. By contrast, the United Arab Emirates (-5.4%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the United Arab Emirates increased by 3.1% percentage points, while Oman (-6.6%) and Turkey (-17.6%) saw their share reduced.

In value terms, Turkey ($149M) remains the largest margarine and shortening supplier in Middle East, comprising 82% of global exports. The second position in the ranking was occupied by Oman ($15M), with a 8.1% share of global exports.

Export Prices by Country

The margarine and shortening export price in Middle East stood at $1.1 per kg in 2017, increasing by 7.4% against the previous year. The the margarine and shortening export price continues to indicate a relatively flat trend pattern.

Average export prices varied somewhat amongst the major exporting countries. In 2017, the country with the highest export price was the United Arab Emirates ($1.5 per kg), while Turkey ($1.1 per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+3.4% per year), while the other leaders experienced mixed trends in the export price figures.

Imports in the Middle East

In 2017, the amount of margarine and shortening imported in Middle East totaled 353K tonnes, waning by -5.1% against the previous year. The total imports indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +5.9% over the last decade. In value terms, margarine and shortening imports totaled $411M (IndexBox estimates) in 2017.

Imports by Country

In 2017, Iraq (99K tonnes), distantly followed by Saudi Arabia (64K tonnes), Syrian Arab Republic (41K tonnes), Turkey (38K tonnes), Iran (32K tonnes), the United Arab Emirates (21K tonnes) and Lebanon (16K tonnes) were the key importers of margarine and shortening, together comprising 88% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Lebanon (+19.4% per year), while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the margarine and shortening import price in Middle East amounted to $1.2 per kg, jumping by 4.7% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +1.3%.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Turkey ($1.4 per kg) and the United Arab Emirates ($1.4 per kg), while Iraq ($965 per tonne) and Syrian Arab Republic ($1 per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+4.0% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Animal Fats and Oils Market in Latin America and the Caribbean – Key Insights

IndexBox has just published a new report: ‘Latin America and the Caribbean – Animal Fats And Oils – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the animal fats market in Latin America and the Caribbean amounted to $770M in 2018, lowering by -7.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, animal fats consumption continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016, with an increase of 4.2% against the previous year. The level of animal fats consumption peaked at $1.2B in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Production in Latin America and the Caribbean

In 2018, approx. 206K tonnes of animal fats and oils were produced in Latin America and the Caribbean; falling by -2.6% against the previous year.

Exports in Latin America and the Caribbean

The exports amounted to 8.9K tonnes in 2018, rising by 49% against the previous year. The total exports indicated a remarkable increase from 2014 to 2018: its volume increased at an average annual rate of +13.9% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the animal fats exports increased by +85.0% against 2016 indices.

In value terms, animal fats exports totaled $45M (IndexBox estimates) in 2018.

Exports by Country

The exports of the three major exporters of animal fats and oils, namely Chile, Peru and El Salvador, represented more than half of total export. Colombia (1K tonnes) ranks next in terms of the total exports with a 12% share, followed by Argentina (11%), Brazil (6.8%) and Honduras (6.2%).

From 2014 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Peru (+343.2% per year), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($28M) remains the largest animal fats supplier in Latin America and the Caribbean, comprising 63% of total animal fats exports. The second position in the ranking was occupied by Colombia ($9.1M), with a 20% share of total exports. It was followed by Peru, with a 8.9% share.

Export Prices by Country

The animal fats export price in Latin America and the Caribbean stood at $5,093 per tonne in 2018, approximately mirroring the previous year. Over the period under review, the animal fats export price, however, continues to indicate a deep downturn.

Export prices varied noticeably by the country of origin; the country with the highest export price was Chile ($13,793 per tonne), while Honduras ($433 per tonne) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of export prices was attained by Chile, while the other leaders experienced mixed trends in the export price figures.

Imports in Latin America and the Caribbean

In 2018, approx. 4K tonnes of animal fats and oils were imported in Latin America and the Caribbean; surging by 14% against the previous year. The total imports indicated a strong increase from 2014 to 2018: its volume increased at an average annual rate of +11.0% over the last four year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the animal fats imports increased by +51.8% against 2014 indices.

In value terms, animal fats imports amounted to $6.2M (IndexBox estimates) in 2018.

Imports by Country

Guatemala (1.5K tonnes) and Chile (1.4K tonnes) dominates animal fats imports structure, together generating 72% of total imports. El Salvador (342 tonnes) ranks next in terms of the total imports with a 8.5% share, followed by Mexico (6.3%). Belize (153 tonnes), Colombia (87 tonnes) and Guyana (65 tonnes) occupied a little share of total imports.

From 2014 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Belize (+91.2% per year), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($2M), Guatemala ($1.3M) and Mexico ($580K) were the countries with the highest levels of imports in 2018, together accounting for 63% of total imports. El Salvador, Colombia, Belize and Guyana lagged somewhat behind, together comprising a further 13%.

Import Prices by Country

The animal fats import price in Latin America and the Caribbean stood at $1,539 per tonne in 2018, lowering by -2.1% against the previous year. In general, the animal fats import price continues to indicate a relatively flat trend pattern.

Import prices varied noticeably by the country of destination; the country with the highest import price was Colombia ($3,221 per tonne), while El Salvador ($872 per tonne) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of import prices was attained by Mexico, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Sausage Market in the USA – Key Insights

IndexBox has just published a new report, the U.S. Sausage, Canned Meat, And Meat By-Product Market. Analysis And Forecast to 2025. Here is a summary of the report’s key findings.

The revenue of the sausage market in the U.S. amounted to $4B in 2018, dropping by -7.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Overall, sausage consumption continues to indicate an abrupt reduction. The pace of growth was the most pronounced in 2014, when the market value increased by -0.8% y-o-y. Over the period under review, the sausage market reached its peak figure level at $6B in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

Sausage Exports

Exports from the USA

In 2018, the amount of sausage, canned meat, and meat by-product exported from the U.S. stood at 852K tonnes, growing by 15% against the previous year. Overall, the total exports indicated a prominent expansion from 2013 to 2018: its volume increased at an average annual rate of +4.4% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the sausage exports increased by +64.3% against 2015 indices.

In value terms, sausage exports totaled $527M (IndexBox estimates) in 2018.

Exports by Country

Indonesia (216K tonnes), Singapore (160K tonnes) and China (84K tonnes) were the main destinations of sausage exports from the U.S., with a combined 54% share of total exports.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Singapore (+763.0% per year), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($111M), Indonesia ($105M) and China ($58M) appeared to be the largest markets for sausage exported from the U.S. worldwide, together comprising 52% of total exports.

Export Prices by Country

The average sausage export price stood at $618 per tonne in 2018, reducing by -8.2% against the previous year. In general, the sausage export price continues to indicate a moderate slump. The growth pace was the most rapid in 2017, an increase of 6.6% year-to-year. Over the period under review, the average export prices for sausage, canned meat, and meat by-product reached their peak figure at $697 per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was Honduras ($901 per tonne), while the average price for exports to the Philippines ($419 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the UK (+13.3% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into the USA

Sausage imports into the U.S. stood at 258K tonnes in 2018, jumping by 26% against the previous year.

In value terms, sausage imports stood at $533M (IndexBox estimates) in 2018.

Imports by Country

In 2018, Australia (99K tonnes) constituted the largest supplier of sausage to the U.S., accounting for a 38% share of total imports. Moreover, sausage imports from Australia exceeded the figures recorded by the second largest supplier, New Zealand (46K tonnes), twofold. China (22K tonnes) ranked third in terms of total imports with a 8.6% share.

From 2013 to 2018, the average annual growth rate of volume from Australia amounted to +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-5.7% per year) and China (+22.3% per year).

In value terms, China ($135M), Australia ($121M) and New Zealand ($99M) appeared to be the largest sausage suppliers to the U.S., with a combined 67% share of total imports. Brazil, France, Belgium, India, Canada, Denmark, Italy and Chile lagged somewhat behind, together accounting for a further 22%.

Import Prices by Country

In 2018, the average sausage import price amounted to $2.1 per kg, going up by 10% against the previous year. Over the last five year period, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2018, an increase of 10% year-to-year. In that year, the average import prices for sausage, canned meat, and meat by-product reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was China ($6.1 per kg), while the price for Canada ($506 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Belgium (+21.0% per year), while the import prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Darling Ingredients, Griffin Industries, Baker Commodities, R U K Ltd, Neatsfoot Oil Refineries Corp, Geo. Pfau’s Sons Company, Inland Products, Hrr Enterprises, Ace Grease Service, Texas By-Products Partnership, Park West Enterprises, Tallowmasters, Kruger Commodities, Mendota Agri-Products, Riegel By-Products Co, Valley By Products, Marine Polymer Technologies, Kane-Miller Corp, Sanimax Ato, Hahn & Phillips Grease Company, Nupro Industries Corporation, W B Riggins Tallow Co, H.T.C. Industries, North State Rendering, Co., Nevada Byproducts, Istamer, Simmons Feed Ingredients

Source: IndexBox AI Platform