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SAO PAULO, Aug 3 (Reuters) - China has approved 183 new Brazilian coffee companies to export products to the Chinese market, according to a social media post of the Chinese embassy in Brazil on Saturday. The measure, a boon to local exporters after the United States government's announcement of steep tariffs on Brazilian coffee and other products, took effect on July 30.
US coffee consumption : 1.7 mln tonnes (2022)
China coffee consumption : 262k tonnes (2022)
I dont think china can make up the demand, im actually surprised how little coffee is consumed in china
I've heard that there's currently a trend in Asia towards a new "coffee culture". Coffee is becoming more and more popular there, and this trend seems to be rising almost vertically. With Chinese coffee companies like Luckin Coffee rising in popularity, I could definitely see that consumption number going up. I wouldn't be surprised if it's quite a bit higher by now since 2022.
I think coffee use is growing pretty rapidly, but it’s definitely a tea culture, so coffee is a small piece of the market. But basically a decade or two ago they probably didn’t much coffee at all, and now there are Starbucks and local chains that have coffee all over the place in Beijing (this could be money and Olympic effect though, haven’t been anywhere else). I did get a great coffee at a local chain in Xian though, and you could only pay through WeChat. The cashier was really nice to us (you can’t pay with WeChat unless you have a Chinese bank acct, so no dice for tourists) and she paid for us and we gave her cash.
But yeah—won’t replace US consumption. Maybe the Brazilians are looking to hedge—assuming that their sales will drop somewhat to US because of tariffs but not entirely, and making up difference by sending to China, which could also grow over time.
I was in Sichuan just this Lunar New Year for a tour and the whole time I have to have my caffeine addiction fixed by either instant coffee I bagged myself or tea. Almost nobody drink coffee over there. There are some coffee shops here and there in tourist attractions but I wasn't able to locate a place that can make a stiff cup of Joe, most are bland instant coffee like water with milk. Supposedly you would have more luck with that going somewhere more south east and closer to Vietnam