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COFFEE

Arabica coffee was the first coffee tree introduced to Vietnam by the French in the nineteenth century and is now one of the world’s two most popular coffee types. Despite being an early imported coffee variety, Robusta coffee production is a popular type of coffee cultivated in Vietnam, accounting for approximately 93 percent of the area.

Nowadays, Vietnam is the world’s second-largest coffee exporter behind Brazil; moreover, Vietnamese Robusta coffee leads in export volume worldwide. Vietnamese coffee is currently available in more than 80 countries and territories. On the other hand, according to the Ministry of Agriculture and Rural Development, coffee is a vital commodity and one of Vietnam’s top ten exports.

Percentage of coffee production in the world's top ten nations (average of 6 crop years from 2011-2017)

COFFEE PRODUCTION

According to the International Coffee Organization (ICO), within 30 years, from 1986 to 2016, Vietnam’s coffee output rose from 18,400 tons to 1.76 million tons, a roughly 100-fold increase, with up to 90-95 percent of production being exported. In 2020, Vietnam had 680,000 hectares of coffee with an average yield of 1.5 million tons/year, exported 1.57 million tons in the year with the average price was 1,751.2 USD/ton and export value reached more than 2.74 billion US dollars.

Coffee export volume per month in the years 2018-2020

COFFEE HARVEST SEASON

Overall, coffee output and value dropped by 8.8 percent in volume and 7.2 percent in value in 2020 compared to 2019 due to the numerous effects of the covid-19 epidemic, which disrupted supply chains worldwide. However, this epidemic element has a positive impact on coffee prices, with the export price of coffee reaching $ 1,839 per ton in the first six months of 2021, an 8.8 percent rise over the same time in 2020. 

Coffee produced in various nations have distinct characteristics and do not have the same harvest. The coffee harvest season in Vietnam typically lasts from the end of October to the end of the next year, depending on the region. Harvesting Arabica coffee usually takes place 1-2 months before Robusta coffee.

Coffee harvest schedule

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Update pepper price from January 30 to February 5, 2023

Update pepper price from January 30 to February 5, 2023

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On February 05, Vietnamese pepper price fluctuates between 56,000 - 59,000 VND/kg in the domestic market. The pepper market had a slight fluctuation last week, and the main provinces experienced increases of 500 to 1,000 VND/kg compared to the beginning of the week. Update domestic pepper prices According to VPA, With the exception of Thursday (Feb 2) and Friday (Feb 3),...

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Latest update on pepper prices 2023 in Vietnam market

Latest update on pepper prices 2023 in Vietnam market

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The domestic pepper market still has not had a positive signal as the price of pepper continued to move sideways and did not see many positive changes, stabilizing in the range of 55,500 - 58,000 VND/kg in key provinces in the country. Although it is difficult to forecast, pepper prices are expected to recover by the end of 2023. Domestic pepper prices are below the global...

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Global coffee market report in November 2022

Global coffee market report in November 2022

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For global coffee market, consumption is expected to rise by 3.3% to 170.3 million bags (60 kg/bag) in the 2022-2023 harvest, rising from 164.9 million bags in the 2020-2021 crop. Thus, consumption is predicted to exceed supply by 3.1 million bags. Production report of the coffee market in November 2022 The International Coffee Organization (ICO) anticipates global coffee...

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