中国咖啡市场动态监测（2024年10月）

Investment Rating - The report does not explicitly state an investment rating for the coffee industry in China Core Insights - The coffee market in China is primarily concentrated in Yunnan province, which accounts for approximately 98.59% of the national coffee bean production [8][10] - In October 2024, the national coffee bean production reached about 0.71 million tons, reflecting a year-on-year increase of 2.90% [7][10] - The average market price for Yunnan coffee beans was approximately 39.0 yuan per kilogram, which is a decrease of 2.7% month-on-month but an increase of 57.9% year-on-year [8][10] Production and Market Price Summary - National coffee bean production in October 2024: 0.71 million tons, with Yunnan province contributing 0.70 million tons [5][10] - Average market prices for major production areas in October 2024: - Pu'er: 39.0 yuan/kg - Baoshan: 38.8 yuan/kg - Dehong: 39.0 yuan/kg - Lincang: 39.0 yuan/kg [8][10] - Historical price trends show that the price of coffee beans in Yunnan has increased from 22.0 yuan/kg in January 2023 to 39.0 yuan/kg in October 2024 [10][21] Trade Data Summary - In September 2024, China imported approximately 9,585.9 tons of coffee beans, significantly exceeding the export volume of 3,511.4 tons [22][24] - The import value for coffee beans was about 5,198.9 million USD, while the export value was 1,470.9 million USD [22][24] - For roasted coffee, imports were around 933.1 tons with an import value of 1,338.5 million USD, compared to exports of 202.1 tons valued at 123.9 million USD [25][27] - Coffee beverages and products saw imports of approximately 3,429 tons valued at 3,043.6 million USD, while exports were 1,079.6 tons valued at 644.9 million USD [28][30]