Bolivia - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Bolivia - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Coffee Extract Price in Bolivia - 2023

Contents:

  1. Coffee Extract Price in Bolivia (CIF) - 2023
  2. Coffee Extract Price in Bolivia (FOB) - 2022
  3. Coffee Extract Imports in Bolivia
  4. Coffee Extract Exports in Bolivia

Coffee Extract Price in Bolivia (CIF) - 2023

In October 2023, the average coffee extract import price amounted to $7,973 per ton, waning by -18.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 19% m-o-m. Over the period under review, average import prices hit record highs at $11,138 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($13,114 per ton), while the price for China ($7,313 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Brazil (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Coffee Extract Price in Bolivia (FOB) - 2022

The average coffee extract export price stood at $6,506 per ton in 2022, falling by -40.8% against the previous year. Overall, the export price, however, saw moderate growth. The growth pace was the most rapid in 2021 when the average export price increased by 112%. As a result, the export price reached the peak level of $10,991 per ton, and then contracted sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($20,626 per ton), while the average price for exports to Denmark ($1,096 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.

Coffee Extract Imports in Bolivia

In 2022, after three years of growth, there was significant decline in overseas purchases of coffee extracts, essences and concentrates, when their volume decreased by -8.5% to 2.2K tons. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 29%. As a result, imports attained the peak of 2.4K tons, and then shrank in the following year.

In value terms, coffee extract imports contracted to $19M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $22M, and then shrank in the following year.

Import of Coffee Extract in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7.17.26.49.08.2%
Malaysia6.37.86.76.61.6%
Colombia1.81.42.32.38.5%
Chile0.40.50.30.614.5%
Mexico0.30.20.10.2-12.6%
Others0.40.26.50.826.0%
Total16.317.322.319.56.2%

Top Suppliers of Coffee Extract to Bolivia in 2022:

  1. Malaysia (1032.9 tons)
  2. Brazil (813.3 tons)
  3. Colombia (218.0 tons)
  4. Chile (90.1 tons)
  5. Mexico (32.2 tons)

Coffee Extract Exports in Bolivia

In 2022, shipments abroad of coffee extracts, essences and concentrates decreased by -27.6% to 5.6 tons, falling for the second year in a row after two years of growth. In general, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, coffee extract exports declined remarkably to $37K in 2022. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 37% against the previous year.

Export of Coffee Extract in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States36.814.63.510.6-34.0%
PeruN/A2.640.310.4100.0%
MexicoN/AN/AN/A6.30%
Japan6.11.86.73.6-16.1%
SwitzerlandN/AN/A0.92.0122.2%
Canada1.21.81.51.610.1%
DenmarkN/AN/AN/A0.30%
Spain4.1N/A4.6N/A5.9%
United Arab EmiratesN/AN/A4.5N/A0%
Australia4.455.85.5N/A11.8%
Others6.64.617.91.8-35.2%
Total59.181.285.636.7-14.7%

Top Export Markets for Coffee Extract from Bolivia in 2022:

  1. United States (2583.0 kg)
  2. Mexico (776.0 kg)
  3. Peru (506.0 kg)
  4. Switzerland (500.0 kg)
  5. Japan (450.0 kg)
  6. Denmark (240.0 kg)
  7. Canada (205.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coffee extract market in Bolivia. 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:

  • Bolivia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bolivia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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