HS Code:
The Roasted category primarily includes roasted coffee, roasted nuts, and other roasted food products under various HS Codes such as 0901.21 (roasted coffee, not decaffeinated) and 2008.19 (roasted nuts). This category is a significant segment of the global food and beverage trade, driven by consumer demand for ready-to-consume and value-added products. Roasted products are often associated with premium pricing due to the processing involved, which enhances flavor and shelf life. The trade in this category is influenced by agricultural production, regional preferences, and trade agreements that impact tariffs and market access.
Total Trade Volume
USD 25.6 billion
Data from 2022
Source
United Nations Comtrade Database
USD 5.2 billion
20.3% of total trade of total trade
Increasing
USD 4.8 billion
18.8% of total trade of total trade
Stable
USD 3.9 billion
15.2% of total trade of total trade
Increasing
USD 2.1 billion
8.2% of total trade of total trade
Decreasing
USD 1.5 billion
5.9% of total trade of total trade
Stable
Average Rate
5.7% ad valorem
Highest Rate
15% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for specialty roasted coffee
Increased exports from producing countries like Colombia and Ethiopia, with a focus on premium and single-origin products driving higher price points.
2021-2022
Growth in roasted nut consumption due to health trends
Boosted trade volumes for countries like the United States and Vietnam, with almonds and cashews seeing significant demand in Europe and Asia.
2020-2022
Sustainability and ethical sourcing
Consumers and importers are prioritizing sustainably sourced roasted products, leading to increased certifications and transparency requirements for exporters.
2019-2022
The European Union's Green Deal introduced stricter sustainability regulations, including deforestation-free supply chains for coffee, impacting exporters from Brazil and other major producers.
June 2023
Potential cost increases for exporters who must comply with new traceability and sustainability standards.
A revised trade agreement reduced tariffs on roasted nuts exported from the US to China, boosting market access for American producers.
March 2023
Increased export volumes of roasted almonds and walnuts to China, benefiting US farmers.
Ongoing disruptions due to geopolitical tensions and port delays have affected the roasted coffee supply chain, particularly impacting shipments from South America to Europe.
October 2022
Temporary price spikes and delays in delivery, prompting importers to diversify sourcing.