The United States has become the largest export market for China's coffee machine industry in 2020! Future trend of coffee machine

Coffee is one of the three major drinks in the world, and there is a great demand for coffee drinks and coffee utensils. As an important production base of coffee machine in China, with the continuous expansion of Chinese coffee market, the demand for coffee machine is also increasing. According to the data compiled by prospective economic research, from 2017 to September 2020, both the number and amount of coffee machines exported in China showed an overall upward trend. in terms of the export market of coffee machines in 2020 alone, the export volume of coffee machines in China in the first three quarters was 63.72 million, with an export value of 1.313 billion US dollars.

According to the data of forward-looking economic collation, the main exporters of China's coffee machine in the first three quarters of 2020 are the United States, Germany, Canada and Brazil. Coffee culture is very popular all over the world, and per capita consumption is very high. According to Luckin Coffee's prospectus, the per capita coffee consumption in Chinese mainland in 2018 was only 0.71% of that of Germany and 1.6% of that of the United States, which is enough to prove that the level of foreign coffee consumption is very high. Among them, the United States became the largest exporter of China's coffee machine, with an export output of 23.22 million; Germany became the second largest exporter of China's coffee machine market, with an export volume of 4.67 million; followed by Canada, with an export volume of 2.13 million, and Brazil, with an export volume of 2.08 million.

The coffee mechanism for making coffee is very simple and convenient, which can realize the functions of automatic grinding and brewing of coffee, and is easy to operate. Compared with hand-brewed coffee, it saves many tedious production links, and is mostly used in homes, offices and boutique coffee shops. Among them, the continuous entry of various industries into China's coffee market has also promoted the development of the coffee machine industry, such as the increasing number of hot Xi Tea and Nai Xue Tea stores in recent years, and the increasing coverage of Luckin Coffee and Starbucks stores. In addition, fast food industries such as Nongfu Springs, KFC and McDonald's have also joined the coffee market, and the demand for various types of coffee machines is growing. Among them, pump coffee machine imports the largest, up to 485000, accounting for about 86%, followed by "other electric coffee machines or teapots", accounting for about 10%.

The demand for coffee machine imports from all parts of our country is also growing. As Chinese consumers' demand for coffee is getting higher and higher, it has gradually changed from consumer demand to social needs, and coffee has gradually infiltrated into the lives of young people. The growth of coffee consumption has brought a wider market to Chinese coffee machine enterprises. Guangdong has become the second largest import province, with 122900 imports, Zhejiang Province the third, and coffee machine imports 30800. Overall, China's coffee machine import and export trade is still dominated by export trade.

Photo Source: Internet