European Coffee Market Situation. Mick Wheeler



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Transcription:

European Coffee Market Situation Mick Wheeler

The UN classifies Europe as comprising 49 countries, with an estimated population of 728 million, but wikipedia lists 50 countries with a population of over 800 million, while others go as high as 53 depending upon your definition of a sovereign state 27 countries belong to the European Union with an estimated population of 497 million. So there is a need to be careful with generalisations about Europe. In the main I will concentrate on the EU plus Switzerland and Norway, but will also cover Eastern Europe where I can.

So let me start by giving you a snapshot of the coffee situation in Europe Consumption in Western Europe amounts to 40.3 million bags (2.4 million tons). Consumption in Eastern Europe amounts to 6.6 million bags (396,000 tons)

Coffee Consumption in Europe 2005 2006 2007 2008 2009 Western 42,124 42,863 42,479 41,571 40,302 Europe Of which France 5,113 5,278 5,628 5,152 5,568 Germany 8,913 9,151 8,627 9,535 8,897 Italy 5,484 5,593 5,821 5,892 5,835 Eastern 6,120 6,195 7,211 7,589 6,586 Europe Total 48,244 49,058 49,690 48,160 46,888

Gross Imports of all forms of coffee into Western Europe totalled 51.6 million bags including inter regional trade; However re exports to countries outside this area totalled approximately 4.5 million bags. Cross boarder trade within the EU makes individual country statistics somewhat suspect, although Eurostat and ICO figures are reasonably good, but you must always accept are never complete. Inter EU trade of all forms of coffee total around 12 million bags

EU IMPORTS AND EXPORTS OF GREEN COFFEE AND (SEMI) FINISHED PRODUCTS FROM NON EU ORIGINS TO NON EU DESTINATIONS 2009 ( 000 Bags) Import Export Green Coffee 44,756 256 Green Coffee Decaffeinated 42 1,350 Roasted Coffee 409 1,175 Roasted Coffee Decaffeinated 42 54 Soluble 684 654 Total 45,934 3,498

Consumption in Western Europe is dominated by roasted coffee, which accounts for around 85% of consumption. Soluble coffee consumption has remained relatively steady at around 6 million bags for the past 10 years

Consumption in Western Europe 50 45 40 million bags 35 30 25 20 15 10 5 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 Soluble Roasted Diappearance

Consumption varies from country to country; As does blending, preparation, and usage; Depends on tradition, habits taste and historical ties; However the situation is changing as smaller roasters become larger and challenge established market brands throughout Europe.

Disappearance 12000 10000 8000 Coffee Consumption in Europe France 6000 4000 Coffee Consumption in Europe Germany Coffee Consumption in Europe Italy Coffee Consumption in Europe Eastern Europe 2000 0 2005 2006 2007 2008 2009

Per Capita Consumption in Europe 2000 2003 2006 2008 2009 European Community 5.14 5.05 5.00 4.83 4.67 Finland 11.26 11.19 11.94 12.62 11.92 Denmark 8.81 8.08 9.09 7.71 7.89 Sweden 8.00 7.91 8.66 8.29 7.35 Germany 6.70 6.64 6.66 6.95 6.50 France 5.50 5.45 5.16 4.98 5.36 Italy 5.36 5.73 5.69 5.98 5.85 Latvia 2.84 4.38 4.76 3.06 2.35 United Kingdom 2.37 2.21 3.03 3.01 3.14

Retail Prices in selected markets June 2000 1800 1600 1400 1200 1000 800 600 France Germany Italy Sweden UK 400 200 0 2008 2009 2010

The statistics clearly show that consumption in the Western European coffee market is at best stagnating, but at worst, in a state of real decline. Nevertheless the situation is mixed and there are some bright spots, unfortunately too few. Many analysts argue that the decline in consumption can be attributed to a deterioration in quality. And the evolution of retail prices suggests that quality is being compromised in the pursuit of lower Prices.

However is there any evidence to support this claim?

Percentage of European Imports by type 40 35 Percentage 30 25 20 15 10 5 0 Colombian Milds Other Milds Brazilian Naturals Robustas 2000 2004 2009

60 Supply by Groups 50 40 30 20 2000 2004 2009 10 0 Colombian Milds Other Milds Brazilian Naturals Robustas

Yes, the pattern of consumption in Europe has reflected changes in the pattern of supply, but only partially so, for there can also be no doubt that at the same time there has been a definite shift towards the greater use of robusta and Brazilian Natural coffees. But this is not the whole story.

The market has in fact become more divided with an increase in the consumption of lower priced mainstream products but at the same time a clear move towards more value added products.

European Market Shares 1993 2008 20% 15% 10% 5% 0% 1993 2005 2008

The evidence that there has been a clear shift towards valued added products or maybe I could use the term speciality, is, unfortunately, not particularly concise. In fact, it is a bit of a mish mash, but put together, they help to paint a picture of a sector, which is showing clear signs of vibrant growth, mainly at the expense of mainstream.

So what statistics are actually available Individual country statistics Market Segments in Germany Coffee Bar trends in the UK Speciality Coffee company data Organic Coffee Imports Decaffeinated coffee

Let me start off by highlighting some interesting fact about consumption in Russia. Consumption of Roasted coffee now accounts for 20% of total consumption up from 15% in 2005 Soluble coffee consumption accounts for the remaining 80%, but freeze dried accounts for 40% of that consumption up from 25% in 2005. But per capita consumption has fallen from 1.73 kg in 2007 to 1.33kg in 2009 So they are drinking less, but those who are consuming are drinking better quality coffee

German Coffee Market 500,000 450,000 400,000 350,000 tons 300,000 250,000 200,000 150,000 2004 2006 2008 2009 100,000 50,000 0 Roasted coffee Soluble coffee Overall market

tons 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 Germany Roasted Coffee Segment 2004 2006 2008 2009 Speciality Mainstream

Germany: Roasted Coffee Speciality segments 60,000 50,000 40,000 tons 30,000 20,000 10,000 0 2004 2006 2008 2009 Espresso/Caffe Crema Coffeepods

THE LEADING COFFEE SHOP GROUPS IN THE UK, 2008 2008 2007 2006 Owner outlets outlets outlets Selected brands 1 Whitbread 750 600+ 405 Costa Coffee 2 Starbucks 650 549 506 Starbucks 3 Caffè Nero 360 292 261 Caffè Nero 4 Marks & Spencer 239 213 202 Café Revive 5 BB's 172 140 110 BB's 6 Segafredo Zanetti 130 91 94 Puccino's 7 SSP 124 179 135 Caffè Ritazza 8 Nestlé 103 75 103 Caffé Nescafé 9 Tchibo 84 74 38 Tchibo 10 Welcome break 71 64 - Coffee Primo 11 Coffee Republic 48 40 36 Coffee Republic 12 Druckers 40 44 33 Druckers 13 Esquire 22 20 14 Esquire Source: Horizons/Wordsmith & Company

UK Continued Dec 2009, Costa Coffee reported that it had increased its number of outlets to 970; 2009, Caffe Nero reported that ( it had increased its number of stores to 404 and that sales had increased 10%; According to Allegra Strategies there will be in excess of 4700 branded coffee outlets in the UK in 2012 up 7% p.a.; Anecdotal evidence suggests UK Coffee bar sales in 2010 are holding up well

Elsewhere Nespresso report a 30% increase in sales year on year since 2006 Starbucks report a 10% growth in sales volume worldwide during ( FY09/10 and a 6% increase in the number of stores in Europe Allegra report that an additional 734 branded coffee shops opened up in Europe during the course of 2009 McDonalds McCafe now has 889 outlets in Europe and is the market leader in Austria, France, Germany, Hungary and Italy.

Sales of Fairtrade certified products in the UK Estimated UK retail sales by value 1998 2009 ( million) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Coffee 15.5 18.6 23.1 34.3 49.3 65.8 93.0 117.0 137.3 157.0 Tea 5.1 5.9 7.2 9.5 12.9 16.6 25.1 30.0 64.8 68.1 Cocoa products* 3.6 6.0 7.0 10.9 16.5 21.9 29.7 25.5 26.8 44.2 Honey products* 0.9 3.2 4.9 6.1 3.4 3.5 3.4 2.7 5.2 4.6 Bananas 7.8 14.6 17.3 24.3 30.6 47.7 65.6 150.0 184.6 209.2 Total 32.9 50.5 63.0 92.3 140.8 195.0 286.3 493.0** 712.6 799.0

Consumption of Decaffeinated Coffee as a Percentage of Total Consumption 2000/01-2007/08 Country 2000 2009 Country 2000 2009 Austria 12% 9% Netherlands 12% 14% Belgium/Luxembourg 12% 10% Norway Low 1% Denmark Low 3% Portugal Low 4% Finland 1% 1% Russia Low 1% France 9% 7% Spain 10% 17% Germany 11% 8% Sweden Low 1% Greece Low 1% Switzerland 5% 4% Italy 3% 7% United Kingdom 13% 13%

Trends in Decaffeinated Coffee Consumption in Europe have been mixed, but overall relatively static. What is interesting is that there is no clear pattern. Consumption in Austria, Belgium and Germany all high consumers of decaffeinated coffees has fallen but in the Netherlands and Spain, again high consumers in 2000, it has increased

Speciality Coffee in Europe Exports of Organic Coffee to Europe Country 2005/06 2008/09 Increase Austria 426 316-26% Belgium 15,002 44,424 196% Denmark 2,580 3,114 21% Finland 1,601 1,319-18% France 9,755 3,449-65% Germany 46,667 91,398 96% Italy 4,718 5,870 24% Netherlands 16,649 8,121-52% Norway 600 1,626 171% Spain 9,286 1,040-89% Sweden 16,762 40,773 143% UK 13,493 22,904 70% Others* 622 5,797 63% Total 138,661 230,151 66% * Ireland, Poland, Portugal, Slovakia, Slovenia & Switzerland

These are ICO figures and certainly not complete, Other analysts put the figure 3 times higher at around 700,000 bags, Nevertheless assuming the data is consistent (and that cannot be guaranteed) they do show a positive upward trend. However it is not uniform across Europe.

To Summarise Consumption is declining in Europe, but the situation varies from country to country Nevertheless, as a general trend, there have been radical changes in the pattern of consumption in most European countries over the last 10 years; where market divisions are becoming more pronounced Greater consumption of lower quality blends; But also significant growth in higher value coffee products.

THANK YOU Coffee in Europe