Vietnam Coffee popular Information Vietnam Coffee Export is expected to achieve good results in 2021!
2020 is a special year. For many enterprises, most people may describe this year as "bad". Fortunately, this year has passed, and there will be new hopes in the new year. For example, Vietnam's coffee export is expected to achieve new achievements this year.
In 2020, due to the impact of the COVID-19 epidemic, the global market demand for coffee dropped sharply, and Vietnam's coffee exports also performed poorly. Compared with 2020, Vietnam's coffee exports are expected to break through last year's bottleneck in 2021.
Vietnam is the world's second largest coffee producer and the largest Robusta coffee producer. According to Vietnam People's Daily, statistics from the Agricultural Processing and Market Development Bureau of Vietnam Ministry of Agriculture and Rural Development show that Vietnam's coffee exports in 2020 will be 1.51 million tons, earning US $2.66 billion, down 8.8% and 7.2% year-on-year respectively.
APMA said coffee stocks in global port warehouses had fallen to their lowest level in years, following four consecutive years of declining coffee markets. However, the country said it is expected to achieve good results for Vietnam's coffee exports this year!
In 2020, the average export price per ton of coffee will reach about $1759, and coffee prices are expected to rise this year.
Vietnam's main coffee export markets continue to take social distance measures, the chairman of Vietnam Coffee Cocoa Association said: tourism is a huge coffee consumption industry, coffee export prices can rise largely depends on the tourism industry in the post-epidemic era recovery level.
On the other hand, the Vietnam-EU Free Trade Agreement (EVFTA) may push Vietnamese coffee to the world, which will also help promote coffee exports.
Compared with other countries exporting coffee to the EU, the EU's commitment to protect coffee in Vietnam's 39 geographical indications after EVFTA came into effect has become a competitive advantage for Vietnam's coffee industry.
Europe is a large export market for Vietnamese coffee, accounting for 40% of total exports. Under the Vietnam-EU Free Trade Agreement (EVFTA), the EU abolished tariffs on all unroasted or roasted coffee products and processed coffee, which came into effect on August 1, 2020. In addition to preferential tariffs, coffee exports to Europe will also be larger.
In addition, the country stated that by 2030, it aimed to generate $6 billion in coffee export revenues.
* Image source: Internet
- Prev
Luckin Coffee's current situation and solution Ruixing re-promote to join the business because of what?
The road ahead of Luckin Coffee is not yet clear. On January 18th, a piece of news from Luckin Coffee attracted everyone's attention. Luckin Coffee released a recruitment plan for new retail partners on his official Wechat official account and other platforms. Luckin Coffee disclosed the details of the cooperation shows that the new retail partner recruitment program does not charge any form of franchise fee, that is, the franchise plan is still 0 franchise fee.
- Next
Cross-border products of time-honored brands century-old drugstores have also entered the field of milk tea and coffee!
▲ click to follow | Daily boutique coffee culture magazine coffee workshop cross-border business in different areas has become a popular trend. Tongrentang, a century-old Chinese medicine store, sold coffee across the border. Recently, another century-old Chinese medicine store began to sell drinks across the border. According to reports, this century-old brand is called Tonghan Spring Hall.
Related
- The design principle of the V60 filter cup! Why is the V60 filter cup called V60? What is the difference between a V60 hand-brewed coffee filter cup and a cake filter cup? Who invented the V60?
- Why does mocha pot coffee smell burnt? How to adjust the coffee extract in the mocha pot? What should I do if the coffee in the mocha pot is burnt? Why is mocha pot coffee so easy to overpower?
- Why can't cappuccinos be made takeout? What is the ratio of coffee to milk in a cappuccino? How thick is the milk foam in capuccino? What does Capuccino mean?
- How to make silky and strong salty mocha coffee? How to make a delicious mocha latte? What is the difference between latte and mocha coffee?
- How to use the Aiyue coffee press machine? Who invented Aiyue Pressure? What is the difference between Aiyue brewed coffee and hand-brewed coffee? What is the principle of coffee extraction from Aiyue Pressure?
- How to make the world's top coffee Yejia Xuefei? What are the characteristics of Yejia Shefi coffee? What is the flavor of Yejia Shefei? How to solve the blockage during lightly baked beans?
- What does long extract coffee mean? What is the difference between long-extract coffee and American coffee? What is the difference between Lungo and American coffee? What is Lungo Coffee?
- What does under-extracted coffee taste like? What are the characteristics of over-extracted coffee? How to tell if coffee is over-extracted or under-extracted?
- Why isn't Dirty hot? What is Dirty in espresso? What should I do with hot Dirty?
- Share the correct way to make hanging ear coffee! How much water should I use to make my ear coffee? How many stages does the water injection of hanging ear coffee need to be divided into? How much water does it take to put in hanging ear coffee? How to m