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EU imports are dominated by unroasted green coffee beans, which accounts for about 90 percent of trade
05.01.2024 17:21 "Agro Perspectiva" (Kyiv) —
According to the report of the USDA Coffee: World Markets and Trade (December 2023), European Union (EU) imports are dominated by unroasted green coffee beans, which accounts for about 90 percent of trade. Top suppliers in 2022/23 (October through September) included Brazil (32 percent), Vietnam (26 percent), Uganda (7 percent), and Honduras (6 percent). Imports reached a record 49.1 million bags the previous year but slipped 2.6 million bags this year as lower imports from Brazil more than offset gains from Vietnam. These two countries accounted for 54 to 58 percent of EU green coffee imports over the last 10 years, leaving limited market share for other suppliers. During this same period, Uganda gained 1.2 million bags to total 3.4 million on rising production while Colombia lost 500,000 bags to total 1.8 million on falling output. EU imports of roasted coffee totaled just 1.4 million bags in 2022/23, down from a record 2.1 million bags 4 years earlier on reduced imports from Switzerland. Top suppliers included Switzerland (77 percent) and the United Kingdom (13 percent). Because coffee beans begin to lose flavor and aroma shortly after being roasted, these imports are mostly limited to neighboring non-producing countries. Imports of soluble coffee rebounded 300,000 bags to 3.7 million in 2022/23. Top suppliers included the United Kingdom (34 percent), Vietnam (12 percent), India (12 percent), and Ecuador (10 percent). While imports from the United Kingdom have been nearly flat at 1.3 million bags for a decade, imports from India and Vietnam gained about 300,000 bags to each total over 400,000. EU green coffee imports are forecast to rebound slightly in 2023/24 to 47.0 million bags primarily due to stronger shipments from Brazil, while roasted and soluble coffee imports remain flat at 1.4 million bags and 3.7 million bags, respectively.
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