The average export price of Vietnamese coffee to the UK in the first half of 2024 reached US$3,941 per tonne, marking an increase of 68.4 per cent year-on-year.
Cactus, a young Vietnamese enterprise investing in Canada, decided to set up a store in the bustling city of Toronto to introduce Vietnamese coffee, towards exploring and expanding the export market for Vietnamese coffee products.
A surge in domestic coffee prices was attributed to the fact that traders actively purchased coffee before the Lunar New Year (Tết) holiday while exporters were afraid of supply shortages like last year so they tended to buy more.
Việt Nam’s coffee export volume in the 2023-24 season is likely to be lower than a year ealier due to a in output, no carry-over stock and growing local demand, and export prices will remain high, according to the Việt...
Vietnamese coffee exporters need to build appropriate marketing and branding strategies and develop products that are suitable to consumers’ taste to further capitalise on advantages from the UK-Việt Nam Free Trade Agreement to increase coffee exports to the UK market,...
Việt Nam''s coffee export turnover reached US$4.08 billion in the 2022-23 crop year, a year-on-year increase of 3.4 per cent, driven by the highest coffee export prices in the last 30 years.
Việt Nam exported nearly 1.2 million tonnes of coffee over the past eight months of this year, earning nearly $3 billion, down 5.7 per cent in volume but up 32.3 per cent in value thanks to increased selling prices.
Vietnamese coffee export could reach a record level this year thank to domestic and world prices climbing to the highest level in the past 15 years on scarce supply, low coffee reserve and strong increase in the world demand for...
According to Mercantile Exchange of Viet Nam (MXV), Robusta averaged US$2,564 per tonne as of April 24 on ICE Futures Europe, the highest level since the end of May which increased by nearly 40 per cent compared to the beginning...
Viet Nam was Spain''s largest supplier of coffee (by volume) in 2022, with 113,550 tonnes worth 269 million EUR (US$287 million), up 21.6 per cent in volume and 78.9 per cent in value against 2021.
The export volume of the 2022-23 crop is also forecast to decrease sharply compared to the previous crop due to little inventory from the 2021-2022 crop.