Uganda Dominates Coffee Export 2024: Market Surge

Global Coffee Export Market Landscape

Product Definition
In global trade, Coffee is classified under HS Code 0901, covering unroasted or roasted coffee beans. As a highly traded soft commodity, it serves as a critical raw material for the global beverage industry, with demand driven by both mass consumption and premium markets.

Strategic Insights

• Market Momentum: Global coffee exports surged in 2024, with total value exceeding $24 billion. Trade accelerated from $1.85 billion in January to $2.54 billion by December, reflecting strong demand growth.
• Geographic Power: Uganda dominates high-value exports (94% share), while Colombia and Vietnam lead in volume. Key buyers—Italy, Germany, and the U.S.—drive demand, with Europe and North America absorbing most shipments.
• Supply Chain Structure: The market is highly consolidated, with top exporters controlling 83% of trade value. Dominant buyers (50% of importers) secure 80% of volume, leaving little room for new entrants without scale or niche strategies.

Global Coffee Export Trend in 2024 Whole Year

Global coffee exports demonstrated strong growth in 2024, propelled by expanding market size and rising consumption [Grand View Research].

• Aggregate Performance: The sector exhibited robust performance, with total observed export value exceeding $24 billion across the year.
• Period Dynamics: Trade momentum accelerated significantly, climbing from $1.85 billion in January to $2.54 billion by December.

Table: Coffee Export Trend in 2024 Whole Year

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Coffee Global Market Structure: Supply vs. Demand

Top Origin Countries & Production Hubs

• Dominant Supplier: UGANDA leads by export value ($395.62B, 94.26% share), indicating a near-monopoly in high-value coffee shipments. Its quantity share (12.87%) is more moderate.
• Market Structure: Supply is monopolistic in value terms due to Uganda's extreme dominance. Quantity is more distributed, with Colombia (19.83%), Vietnam (13.19%), and Peru (14.12%) as significant volume producers.
• Key Challengers: COLOMBIA is the top volume exporter and ranks 3rd in value. VIETNAM is 2nd in both value and quantity, acting as a major volume challenger to Uganda's value position.

Top Destination Countries & Consumption Markets

• Key Buyers: ITALY is the top importer by value ($143.46B, 34.19% share), followed by GERMANY ($40.36B, 9.62%). The UNITED STATES dominates by quantity (19.12%) and weight (39.10%).
• Nature of Demand: Demand is driven by end-consumer consumption in wealthy nations. Top importers (Italy, Germany, US, Belgium, Switzerland, Spain) are major developed coffee-consuming markets.
• Emerging Markets: INDIA appears as both a top-10 exporter and importer (5th importer by value, $22.26B), signaling significant domestic consumption growth alongside its production role. MOROCCO and SUDAN also feature in the top 10 importers by value.

Supply-Demand Dynamics

• Balance Assessment: Highly concentrated value supply (Uganda) meets fragmented global demand. No single importer matches Uganda's value dominance.
• Geographic Trend: Primary value flows move from African (Uganda, Ethiopia) and Asian (Vietnam, Indonesia) producers to European (Italy, Germany, Belgium) and North American (US) consumers. Latin American producers (Colombia, Peru, Brazil) also feed these markets.
• Key Takeaway: UGANDA holds exceptional pricing power in the high-value segment due to its overwhelming export value share. Major consuming nations (Italy, US, Germany) wield significant influence in bulk/commodity segments due to their large import volumes.

Table: Global Coffee Export —— Top Destination Countries

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Table: Global Coffee Export —— Top origin Countries

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Global Coffee Export Analysis: Key Suppliers & Buyers

Suppliers Concentration & Strategy

• Power Center: Highly Consolidated. Dominators (33% of exporters) hold 83% of export value.
• Operational Style: Majority operate high-frequency (71% of shipments). Bulk Movers (14% frequency) handle 31% of volume.
• Risk/Opportunity: Buyers face heavy reliance on few giants for core supply. High-frequency suppliers offer stability; Bulk Movers provide spot volume. Fragmented low-value tiers offer niche options.

Oversea Buyers Procurement Patterns

• Procurement Behavior: Dominated by frequent restocking (Dominators: 50% frequency, 80% volume). Bulk Movers (10% frequency) handle 16% volume for large stockpiling.
• Market Tier: Driven by global giants. Dominators (50% of buyers) capture 79% of import value. Low-value buyers are numerous but marginal (0.25% combined value share).

Market Entry & Negotiation Strategy

• New exporters must meet Dominators' scale/logistics or target High-Frequency buyers needing smaller, regular shipments.
• Buyers seeking volume security should lock contracts with Dominator exporters. For spot needs, engage Bulk Movers.
• Import competition is fierce; new entrants need deep capital or niche strategies to challenge Dominator buyers.
• Negotiate firmly with Dominators; expect flexibility from High-Frequency suppliers.

Table: Global Coffee Export —— Top Buyers

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Table: Global Coffee Export —— Top Suppliers

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Frequently Asked Questions

What is the HS Code for Coffee?

The HS Code for Coffee is 0901, covering coffee beans (roasted or unroasted), husks, skins, and coffee-containing substitutes.

Which country is the largest exporter of Coffee in 2024 Whole Year?

Uganda is the largest exporter of Coffee in 2024, dominating global supply with exports valued at 395.62B.

Who are the top importers of Coffee in 2024 Whole Year?

Top importers include Italy (143.46B), Germany (40.36B), and the United States (33.67B). Italy and Germany serve as major processing hubs, while the U.S. is a key consumption market.

Who are the major suppliers and companies trading Coffee in 2024 Whole Year?

Leading buyers are SUCAFINA SA and Keurig Green Mountain, while top suppliers include Kyagalanyi Coffee Limited and Federacion Nacional de Cafeteros de Colombia.

Why do Coffee import rankings sometimes differ from export destination lists?

Discrepancies arise from Trade Asymmetries: export data reflects intended destinations (FOB value), while import data shows actual arrivals (CIF value). Trans-shipment hubs also cause mismatches between reported exports and received imports.

How to find reliable Coffee suppliers and exporters in 2024 Whole Year?

Access verified shipment records, bill of lading details, and active supplier lists for HS Code 0901 via the yTrade database, which identifies partners in key regions like Uganda.