Vietnam - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Coffee Price in Vietnam - 2021
Contents:
- Green Coffee Price in Vietnam (FOB) - 2021
- Green Coffee Price in Vietnam (CIF) - 2022
- Green Coffee Exports in Vietnam
- Green Coffee Imports in Vietnam
Green Coffee Price in Vietnam (FOB) - 2021
The average green coffee export price stood at $2,109 per ton in December 2021, rising by 5.5% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2021 an increase of 7.2% m-o-m. Over the period under review, the average export prices hit record highs at $2,344 per ton in December 2020; however, from January 2021 to December 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was South Korea ($2,528 per ton), while the average price for exports to China ($1,451 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Green Coffee Price in Vietnam (CIF) - 2022
In 2022, the average green coffee import price amounted to $3,202 per ton, with a decrease of -9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2020 an increase of 26%. The import price peaked at $3,532 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,566 per ton), while the price for Cote d'Ivoire ($2,488 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Green Coffee Exports in Vietnam
In 2022, shipments abroad of coffee (green) was finally on the rise to reach 1.2M tons after two years of decline. Over the period under review, exports, however, recorded a noticeable descent.
In value terms, green coffee exports shrank modestly to $2B in 2022. In general, exports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.2% against the previous year.
| Export of Green Coffee in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 337 | 316 | 381 | 342 | 0.5% |
| Italy | 213 | 213 | 213 | 243 | 4.5% |
| United States | 203 | 199 | 219 | 213 | 1.6% |
| Spain | 184 | 122 | 86.3 | 150 | -6.6% |
| Japan | 141 | 145 | 179 | 148 | 1.6% |
| Russia | 116 | 89.0 | 125 | 86.0 | -9.5% |
| United Kingdom | 70.7 | 37.6 | 47.9 | 75.0 | 2.0% |
| Algeria | 108 | 91.3 | 96.5 | 67.1 | -14.7% |
| Philippines | 35.7 | 46.1 | 40.7 | 64.3 | 21.7% |
| Belgium | 112 | 109 | 108 | 54.9 | -21.2% |
| South Korea | 45.6 | 45.7 | 54.7 | 47.4 | 1.3% |
| Malaysia | 54.4 | 50.2 | 54.6 | 37.6 | -11.6% |
| Thailand | 52.6 | 47.0 | 51.9 | 35.7 | -12.1% |
| Others | 460 | 377 | 401 | 409 | -3.8% |
| Total | 2,135 | 1,887 | 2,060 | 1,974 | -2.6% |
Top Export Markets for Green Coffee from Vietnam in 2022:
- Germany (202.6K tons)
- Italy (131.9K tons)
- United States (117.0K tons)
- Japan (92.2K tons)
- Spain (82.3K tons)
- Russia (65.1K tons)
- Algeria (54.4K tons)
- Philippines (50.1K tons)
- United Kingdom (46.3K tons)
- Malaysia (30.5K tons)
- Thailand (29.0K tons)
- South Korea (27.5K tons)
- Belgium (25.5K tons)
Green Coffee Imports in Vietnam
Green coffee imports into Vietnam surged to 24K tons in 2022, growing by 19% compared with 2021 figures. Overall, imports, however, continue to indicate a perceptible slump.
In value terms, green coffee imports expanded significantly to $77M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, imports attained the peak of $83M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Green Coffee in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 39.0 | 58.8 | 46.7 | 46.8 | 6.3% |
| Indonesia | 12.1 | 10.9 | 10.1 | 10.2 | -5.5% |
| Brazil | 1.7 | 4.0 | 5.4 | 4.5 | 38.3% |
| China | 3.3 | 1.6 | 2.3 | 3.2 | -1.0% |
| Cote d'Ivoire | 1.0 | 1.8 | 0.3 | 3.2 | 47.4% |
| Germany | N/A | 0.1 | 0.8 | 2.1 | 358.3% |
| Uganda | 0.2 | 0.6 | 1.3 | 1.3 | 86.6% |
| Others | 6.8 | 5.0 | 4.4 | 5.9 | -4.6% |
| Total | 64.2 | 82.8 | 71.4 | 77.1 | 6.3% |
Top Suppliers of Green Coffee to Vietnam in 2022:
- Lao People's Democratic Republic (14.6K tons)
- Indonesia (3.4K tons)
- Brazil (1.3K tons)
- Cote d'Ivoire (1.3K tons)
- China (0.9K tons)
- Germany (0.4K tons)
- Uganda (0.4K tons)
This report provides an in-depth analysis of the green coffee market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 656 - Coffee green
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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