Import News
27-08-2024
I. Market Size and Growth
Coffee is one of the most consumed beverages globally, with a trade network that spans from producing countries to consuming countries, forming a vast global supply chain. In recent years, the global coffee market has maintained steady growth. According to market research agencies, the global coffee market size exceeded $500 billion in 2023 and is expected to continue growing at a compound annual growth rate (CAGR) of approximately 6% in the coming years. This indicates that the demand for coffee as a global beverage continues to expand, driving the prosperity of global coffee trade.
In 2024, the global coffee market continues to show strong growth momentum, becoming a significant component of global agricultural trade. As consumer demand for high-quality coffee increases, the volume of coffee imports has also risen, particularly in regions such as Asia, Europe, and North America.
The main trends in global coffee trade include increased demand for specialty coffee beans (such as Arabica and Robusta) and growing interest in sustainability and fair trade-certified products. Additionally, price volatility and the impact of climate change on production have become key concerns for traders and coffee importers worldwide.
II. Major Trading Countries
Exporting Countries: Brazil, Vietnam, Colombia, and Ethiopia are the leading coffee exporters globally. These countries have abundant coffee resources and well-established coffee industries, providing a stable supply of high-quality coffee. Brazil, as the world’s largest coffee exporter, holds a significant position in the global market.
Importing Countries: North America, Europe, and Asia are the major coffee importing regions. The North American market, particularly the United States, is one of the largest coffee consumption markets globally, with demand continuously growing, driven by the rise of specialty coffee and coffee shop culture. The European market focuses more on ready-to-drink and premium coffee products, while the Asian market, especially in countries like China and Japan, has shown remarkable growth.
III. Major Coffee Importers in 2024
According to 2024 data from Tendata, the global coffee market is dominated by several large companies. These companies ensure the supply of coffee to global markets through extensive procurement networks and advanced supply chain management systems. The following are the major coffee importers and their market shares this year:
1. NESTLE: 3.1% of global coffee imports, with a trade value of $111.07 million.
2. NESTLE PHILIPPINES: 2.33% of global coffee imports, with a trade value of $83.52 million.
3. CÔNG TY TNHH IGUACU VIỆT NAM: 1.9% of global coffee imports, with a trade value of $67.92 million.
4. PT HARUM ALAM SEGAR: 1.62% of global coffee imports, with a trade value of $57.91 million.
5. PT SANTOS JAYA ABADI: 1.61% of global coffee imports, with a trade value of $57.51 million.
6. CAFIVER: 1.57% of global coffee imports, with a trade value of $56.11 million.
7. PT TORABIKA EKA SEMESTA: 1.45% of global coffee imports, with a trade value of $51.95 million.
8. ООО "НЕСТЛЕ КУБАНЬ": 1.36% of global coffee imports, with a trade value of $48.62 million.
9. UNIVERSAL ROBINA CORPORATION: 1.32% of global coffee imports, with a trade value of $47.32 million.
10. ECOSSENTIAL FOODS CORPORATION: 1.29% of global coffee imports, with a trade value of $46.33 million.
These companies are spread across the globe, covering markets from Asia to Europe and North America, reflecting the significant role of coffee as a global commodity. Understanding these key coffee importers helps coffee exporters better target their markets and optimize marketing and sales strategies.
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IV. Finding Global Coffee Importers Through Tendata
When searching for global coffee importers, Tendata is an extremely powerful tool. As a comprehensive global trade database, Tendata provides detailed customs data, including information on importers and exporters, product descriptions, transaction volumes, and more. This allows coffee exporters to accurately identify coffee importers active in global markets.
1. Conduct Targeted Searches
On the Tendata platform, you can enter relevant keywords (such as "coffee" or specific HS codes like 0901) and set search criteria such as country or region filters as needed to narrow down the search scope. By adjusting the time frame, you can view the most recent import activities, ensuring that the coffee importers you find are currently active.
2. Analyze and Identify Potential Coffee Importers
Using the detailed data provided by Tendata, you can deeply analyze each importer’s purchasing records, including import volumes, frequencies, and trading partners. This information helps you assess the scale and potential value of coffee importers. By clicking on specific companies, you can also view their detailed company profiles, helping you better understand their business models and market positioning.
3. Contact Coffee Importers
With the contact information obtained through Tendata, you can directly reach out to potential coffee importers. Before contacting them, prepare detailed product introductions, quotes, and samples to enhance the efficiency and effectiveness of your communication. Additionally, you can search for relevant contacts through company websites or LinkedIn using the information provided by Tendata.
4. Monitor and Follow Up
Regularly using Tendata to monitor the trading activities of coffee importers can help you stay informed about market changes and discover new opportunities. Following up on your communications with coffee importers and maintaining good business relationships will help establish long-term and stable partnerships.
Conclusion
Finding global coffee importers has become more efficient and precise through global trade databases like Tendata. Tendata not only provides detailed customs data but also helps coffee exporters identify and connect with key importers active in the global market. By effectively utilizing this data, coffee exporters can expand their markets and increase the success of their international business.
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