Australia’s green coffee market is set to maintain a steady growth trajectory, with a projected CAGR of +0.1% in volume and +0.2% in value from 2024 to 2035. The market is expected to reach 91K tons and $408M by 2035. This growth is primarily attributed to the rising demand for green coffee in the country.
In 2024, Australia witnessed a decrease in green coffee consumption by -3.8% to 90K tons, following two years of growth. Despite this decline, the market value remained stable at $400M. Over the years, the market had shown positive growth, with an average annual increase of +5.0% from 2013 to 2024. However, there were fluctuations in consumption patterns, with a peak in 2022 at 103K tons.
Imports of green coffee into Australia also saw a decrease in 2024, dropping by -3.8% to 91K tons. The value of imports slightly declined to $436M. The main suppliers were Brazil, Vietnam, and Colombia, accounting for 52% of total imports. Brazil led in value terms, followed by Colombia and Honduras. Import prices varied by country, with Colombia having the highest average price per ton.
Australia’s green coffee exports in 2024 amounted to 749 tons, a modest reduction from the previous year. However, exports experienced an overall increase over the years, with an average annual growth rate of +6.8% from 2013 to 2024. New Zealand was the primary destination for Australian exports, followed by the United States and Singapore. New Zealand also led in terms of export value.
The average export price of green coffee from Australia rose to $7,103 per ton in 2024, indicating a steady upward trend. Export prices varied across countries, with Singapore commanding the highest price per ton. The overall trend in export prices showed growth over the years, with fluctuations in certain periods.
Looking ahead, the Australian green coffee market is poised for further expansion, driven by evolving consumer preferences and global market dynamics. The forecasted growth indicates a positive outlook for the industry, offering opportunities for stakeholders to capitalize on emerging trends and market demands.
In conclusion, the green coffee market in Australia presents a mix of challenges and opportunities for industry players. Understanding consumption patterns, import dynamics, and export markets will be crucial for businesses looking to navigate the evolving landscape of the coffee industry in the country. With strategic insights and informed decision-making, stakeholders can position themselves for success in this dynamic market.
