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U.S. Decaffeinated Coffee Price Fluctuated Mildly over 2022

January 25, 2023
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U.S. Decaffeinated Coffee Import Price per Ton July 2022

In July 2022, the decaffeinated coffee price per ton amounted to $6,601, growing by 2% against the previous month. Over the period from January 2022 to July 2022, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in March 2022 an increase of 13% m-o-m. The import price peaked at $6,602 per ton in May 2022; afterwards, it flattened through to July 2022.

There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Colombia ($6,656 per ton), while the price for Vietnam ($3,492 per ton) was amongst the lowest. From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Colombia (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Decaffeinated Coffee Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was roasted decaffeinated coffee ($20,453 per ton), while the price for unroasted decaffeinated coffee stood at $5,687 per ton.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by unroasted decaffeinated coffee (+2.5%).

U.S. Decaffeinated Coffee Imports

Decaffeinated coffee imports into the United States amounted to 8.8K tons in July 2022, with an increase of 15% on the month before. Overall, imports continue to indicate a modest expansion. The most prominent rate of growth was recorded in April 2022 with an increase of 20% against the previous month. As a result, imports attained the peak of 9.1K tons. From May 2022 to July 2022, the growth of imports remained at a lower figure.

In value terms, decaffeinated coffee imports soared to $58M (IndexBox estimates) in July 2022. The total import value increased at an average monthly rate of +3.4% over the period from January 2022 to July 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in March 2022 when imports increased by 32% m-o-m. Imports peaked in July 2022.

U.S. Decaffeinated Coffee Imports by Type

In July 2022, unroasted decaffeinated coffee (8.2K tons) was the main type of decaffeinated coffee supplied to the United States, accounting for a 94% share of total imports. Moreover, unroasted decaffeinated coffee exceeded the figures recorded for the second-largest type, roasted decaffeinated coffee (543 tons), more than tenfold.

From January 2022 to July 2022, the average monthly rate of growth in terms of the volume of import of unroasted decaffeinated coffee was relatively modest.

In value terms, unroasted decaffeinated coffee ($47M) constituted the largest type of decaffeinated coffee supplied to the United States, comprising 81% of total imports. The second position in the ranking was held by roasted decaffeinated coffee ($11M), with a 19% share of total imports.

U.S. Decaffeinated Coffee Imports by Country

Brazil (1.8K tons), Germany (1.5K tons) and Mexico (1.3K tons) were the main suppliers of decaffeinated coffee imports to the United States, together accounting for 52% of total imports.

From January 2022 to July 2022, the biggest increases were in Brazil (with a CAGR of +7.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($9.6M), Germany ($8.8M) and Colombia ($8.5M) appeared to be the largest decaffeinated coffee suppliers to the United States, with a combined 47% share of total imports.

Colombia, with a CAGR of +10.3%, saw the highest growth rate of 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.

Source: https://www.indexbox.io/blog/decaffeinated-coffee-price-per-ton-july-2022/

Credit: Source link

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