Coffee review

The general situation and prospect of Vietnam's coffee industry on the basis of ranking second in output and export volume in the world.

Published: 2024-06-03 Author: World Gafei
Last Updated: 2024/06/03, The overall goal is: on the basis of ranking second in output and export volume in the world, Viet Nam will double its export and output value, change its growth mode, improve its competitiveness and added value in the direction of modernization and diversification, and steadily achieve economic, social and environmental benefits. The 2020 target is to control the total area of coffee cultivation at 600000 hectares, with a unit yield of 2.7t / ha, with a total output of 2.7t / ha.

The overall goal is: on the basis of ranking second in output and export volume in the world, Viet Nam will double its export and output value, change its growth mode, improve its competitiveness and added value in the direction of modernization and diversification, and steadily achieve economic, social and environmental benefits.

The 2020 target is to control the total area of coffee cultivation at 600000 hectares, the unit yield at 2.7t / ha, the total output at 1.6 million tons / year, and the average output value per hectare at 120 million dong (about 36000 yuan). The proportion of coffee processing has increased from the current 10% to 30%, instant and roasted coffee has reached 25% of the total output, and exports have reached 38-4.2 billion US dollars.

According to the USDA, the global instant coffee market rose from $3.65 billion in 2007 to $5.5 billion in 2014, accounting for 14% of global coffee consumption. Vietnam's instant coffee exports rank fifth behind Brazil, Indonesia, Malaysia and India, accounting for 9.1% of the market share. At present, Vietnam has about 150 coffee export enterprises and 3000 agents, of which 13 are foreign-funded enterprises.

Vietnamese coffee is very popular in the world. Coffee beans are exported to more than 80 countries and regions. Export volume and export volume show an overall rapid upward trend. Exports account for 14% of the world coffee market share, and exports account for 10.4%, ranking second only to Brazil. From 1991 to 1995, the average annual export volume of coffee was 142000 tons, the average annual export volume was US $210 million, and the average export price was US $1224.5 per ton. from 1996 to 2000, the average annual export volume was 404000 tons, the average annual export value was US $510 million, and the average export price was US $1346 / ton. from 2001 to 2005, the average annual export volume was 814000 tons, the average annual export volume was US $490 million, and the average export price was US $541.6 / ton. From 2006 to 2010, the average annual export volume was 1.114 million tons, the average annual export volume was 1.73 billion US dollars, and the average export price was 1551.4 US dollars per ton; from 2011 to 2012, the average annual export volume was 1.494 million tons, the average annual export volume was 3.21 billion US dollars, and the average export price was 2155.5 US dollars per ton.

At present, Vietnam has formed a strong coffee bean rough processing and coffee deep processing capacity. Among them, the design capacity of rough processing of coffee beans is 1.5 million tons / year, that of roasting coffee powder is 52000 tons / year, and that of instant coffee is 36500 tons / year. The total production capacity of 11 large-scale coffee processing manufacturers is 140000 tons / year, and the actual capacity is 81.6% of the designed capacity. The storage design capacity of coffee products is 2.36 million tons / year.

The proportion of high value-added roasting and deep processing of instant coffee is increasing. Vietnam Coffee (Vinacafe), Central Plains (Trung Nguyen), Antai (An Thai), Me Trang, Phuong Vy and other major coffee brands have been deeply recognized by consumers, gradually giving full play to the advantages and potential of Vietnamese coffee products. All the special machinery and equipment for coffee processing made in Vietnam have been made in China and exported to other countries.

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