How big is the coffee market in Vietnam?

How big is the coffee market in Vietnam?

Euromonitor estimated that Vietnam’s coffee market was valued at $460 million in 2023 and forecasts it will grow to $490 million in 2024. The coffee industry is expected to grow at a 7. CAGR) in coming years, surpassing $660 million by 2028. The fastest growing origins for Coffee imports in Vietnam between 2022 and 2023 were: Brazil ($19. M), Germany ($8. M), and Indonesia ($3. M).Coffee plays a sizeable role in Vietnam’s economy, bringing in over 10 per cent of its revenues from agricultural exports and 3 per cent of its gross domestic product. Last year, Vietnam exported 1. US$4.Once known for its affordability, Vietnamese Robusta has now become the most expensive in the world. In early 2025, the Central Highlands, Vietnam’s coffee capital, is in the peak of its harvest season. The price of green coffee beans remains at an all-time high of $4.Why? Basic economics: lower supply + higher demand = soaring prices. Most of the action is in Robusta, Vietnam’s specialty and the backbone of the country’s coffee economy. Robusta beans are known for their punchy strength and lower acidity, and they’re crucial for instant coffee blends.

Is Vietnam the largest coffee exporter?

Vietnam is the world’s second-largest coffee exporter, boasting an export value of US$5. This achievement signifies the first time Vietnam’s coffee exports have exceeded the US$5 billion revenue milestone. Distinctive details: Brazil is the top coffee-producing country in the world by volume, growing both arabica and robusta. With hundreds of thousands of coffee plantations across many states, a third of all the world’s coffee comes from Brazil.Ethiopian coffee is celebrated globally for its wide range of unique and diverse flavor profiles. It is exported primarily to Saudi Arabia, the United States, Germany and Japan.Brazil leads the way in coffee exports & production according to the coffee export data of Brazil, followed by Vietnam and Colombia.Coffee is one of the world’s most popular beverages. Brazil is the world’s top coffee producer, followed by Vietnam and Colombia. Indonesia and Ethiopia round out the list of top five coffee producers.Uganda Becomes Africa’s Top Coffee Exporter, Surpassing Ethiopia. Uganda has overtaken Ethiopia to become Africa’s leading coffee exporter, marking a pivotal moment for the continent’s agricultural landscape.

What percent of the world’s coffee is produced in Vietnam?

Vietnam produces mostly Robusta coffee. Today, it is estimated that Vietnam produces 20 percent of the world’s coffee and 40 percent of all robusta. Food Industry – Major Industry in Vietnam Vietnam is known for its diverse agricultural products, including rice, coffee, seafood, and tropical fruits, which contribute significantly to both domestic consumption and export revenue.From small alleyway cafés to high-end coffee chains, Việt Nam now boasts over 500,000 coffee shops.Trung Nguyen is the best-selling brand of coffee in Vietnam, with 800 coffeeshops throughout Southeast Asia. Travelers returning from Vietnam often remember their Trung Nguyen cafe experience and long to recreate it.Coffee production has been a major source of income for Vietnam since the early 20th century. First introduced by the French in 1857, the Vietnamese coffee industry developed through the plantation system, becoming a major economic force in the country.

What is the biggest coffee company in Vietnam?

Trung Nguyên is the largest domestic coffee brand within Vietnam, and exports its products to more than 60 countries, including major markets such as the United States, the European Union, the United Kingdom, Germany, China, Canada, Russia, Japan, Dubai, Australia, and ASEAN countries, including its international hub . Currently, Vietnam is the world’s second-largest coffee exporter, following Brazil. Towards the end of 2024, global coffee prices continue to rise due to increased investor purchases and concerns about supply disruptions. In Brazil, coffee producers are holding back supplies, anticipating higher prices.Fun fact: Vietnam is the world’s second-largest coffee exporter behind Brazil. A testament to the beans, there’s certainly a lot more to the local stuff than the usual lattes and cappuccinos! Explore Vietnam’s coffee culture with us and learn about the unique drink styles you must try.If you’re wondering why Vietnamese coffee is so strong, well, that’s all thanks to the mighty robusta coffee bean. These beans are stronger and more full-bodied than arabica beans, which is what’s used when preparing Turkish coffee.Vietnamese coffee is high quality when grown, harvested and processed with care. The industry has perpetually stigmatized all coffee in Vietnam as low quality, because Vietnam grew lots of cheaply-produced robusta for instant application driven by market demand.

What is the cost of one coffee in Vietnam?

Average Price of Coffee in Vietnam In a cafe where almost all the backpackers can be found, a Vietnamese iced coffee will cost you VND 12,000 – VND 22,000. Then there are big brand restaurants, resorts, and tourist traps, where a glass of Vietnamese iced coffee can cost you around VND 40,000. If you remove the condensed milk, Vietnamese coffee is a pretty healthy drink. Black Vietnamese coffee is low in calories, fat, and carbohydrates while being high in caffeine and antioxidants. Our Vietnamese Instant Coffee Range is ideal if you want to introduce healthier choices to your life.When ordering traditional iced coffee in Vietnam, use the phrase cà phê sữa đá, (pronounced “kah-fey-suh-dah”), which literally translates to “Vietnamese iced coffee with milk. For black Vietnamese coffee, you would use the term cà phê đen (pronounced “kah-fey-dehn”).

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