Coffee Industry Analysis In China

The coffee industry in china.

Coffee industry analysis in china. The annual growth rate of china coffee consumption is 15 20 while the global average coffee consumption in china growth is only 2. That puts the growth rates of coffee industries in the us 5 and brazil 9 6 to shame. China is both a major exporter and a major importer of roasted coffee and green coffee. Economic environment policies supply demand major sources and price trends press release pr newswire sep.

Data shows that in 2015 china coffee consumption is about 70 billion yuan. China coffee bean industry import forecast 2020 2024. Coffee production in china is rising. 8 2020 09 30 pm.

Currently 95 of the coffee produced in china comes from yunnan province and over 100 000 tons of coffee are produced annually. Only about 1 are coffee beans products. Features such as one time use and easy disposability of coffee when used in the form of pods and capsules are propelling the popularity of coffee. Worth more than 8 billion in 2019 china s coffee industry is still far from the world s largest.

Their growing coffee knowledge contributes to higher demand in terms of taste and aroma. Leading coffee shop chains in china by share in. The increasing number of coffee shops familiarise chinese consumers with the origins of beans and various coffee making processes. The retail coffee market has long been driven by instant coffee products which make up of 99 of the market in china stated by the euromonitor report.

The quantities produced and consumed are not that high in a global context for example china produced around 40 000 tons of green coffee per year 0 5 of world production. The instant coffee segment dominates the chinese coffee market. By 2015 the output value of the china coffee market was about 1 billion 355 million yuan. Yunnan province shares some of the same characteristics that enable producers in south america and africa.

The coffee industry in china has grown substantially over the past 30 years with a 15 year on year growth rate in 2019. Cold consumption revitalises summer sales. Tracking the evolution of coffee industry.