Research Report on China's Coffee Machine Export 2023-2032
With the global economic development, consumers' income level increased and began to pursue a higher quality of life, the consumption structure gradually changed, and the demand for coffee gradually expanded from simple instant coffee to freshly ground coffee. Coffee has become a popular consumer demand, and the coffee machine industry has developed and expanded.
China is an important global producer and exporter of coffee machines, exporting a large number of coffee machines every year. According to CRI's analysis, in 2021, China's coffee machine exports reached 71.31 million units, up 11.22% year-on-year, with an export value of US$2.056 billion, up 31.17% year-on-year.
In 2022, China's coffee machine exports declined due to COVID-19. From January to October 2022, China exported 49,482,800 coffee machines, down 15.34% year-on-year, with an export value of US$1.605 billion, down 1.00% year-on-year.
In 2021, China exported coffee machines to more than one hundred and sixty countries and regions around the world. CRI analysis, by export volume, the United States, Germany, Brazil, France, Italy, Canada, Mexico, the United Kingdom, Japan and the Netherlands are the main export destinations for Chinese coffee machines. Among them, the U.S. is the largest destination for China's coffee machine exports. In 2021, China exported 27,066,700 coffee machines to the U.S., accounting for 37.96% of the total export volume of coffee machines in that year, with an export value of US$630 million, accounting for 30.64% of the total export value.
China is a major global producer and exporter of coffee machines, and CRI expects global coffee machine sales to continue to rise from 2023-2032, helping to fuel the rise in Chinese coffee machine exports.
Topics covered:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook