Vietnam’s coffee export industry is witnessing unprecedented growth in 2024, setting new records for both volume and value. According to data from the Ministry of Agriculture and Rural Development, Vietnam exported 1.12 million tons of coffee in the first nine months of the year, generating an impressive $4.37 billion. This represents a 39.6% increase in export value, despite a 10.5% decrease in volume compared to the same period in 2023. The total export value has already surpassed the $4.24 billion mark recorded for all of 2023, solidifying Vietnam’s position as one of the world’s leading coffee exporters.
Vietnam Coffee: Leading the Global Market in 2024
Vietnam remains the world’s top exporter of Robusta coffee, which accounts for 94% of the country’s coffee cultivation, as highlighted by the Vietnam Coffee-Cocoa Association (VICOFA). Robusta coffee from Vietnam is increasingly in demand globally, driven by its strong flavor profile and high caffeine content, essential for espresso blends and instant coffee production.
As prices surge, September 2024 saw the average export price reach a record high of $5,469 per ton, while the nine-month average stood at $3,897 per ton, marking a 56% increase compared to the same period in 2023. This price hike is a result of growing demand and limited supply, with global shortages exacerbated by climate-related challenges affecting production.
New Coffee Harvest Season: A Golden Opportunity for Buyers
As we move into the 2024-2025 coffee harvest season, the Ministry of Agriculture and Rural Development predicts that coffee exports could reach a new all-time high, potentially hitting $5 billion to $5.5 billion. While climate factors, such as the El Niño phenomenon, are expected to challenge supply, the upcoming harvest is projected to bring better prices for buyers as supply increases.
This is the ideal time to secure premium Vietnamese coffee for your business, as prices are anticipated to stabilize with the new harvest.
Exclusive Offers: Mid-Month Hub Sale
To celebrate the new harvest season and Vietnam’s coffee export success, we are excited to announce our Mid-Month Hub Sale from the 15th to the 22nd of this month! This exclusive promotion offers unbeatable deals on our premium coffee beans, alongside cassia, star anise, and pepper. During the sale, you can take advantage of:
- Competitive pricing on freshly harvested coffee
- Free shipping for large orders
- Custom packaging tailored to your business needs
Why Choose Our Coffee?
Partnering with us guarantees:
- High-quality Robusta and Arabica beans, rigorously tested to meet international standards
- Competitive pricing, especially as the new harvest season brings more favorable market conditions
- Stable and reliable supply of premium coffee beans
- Sustainable sourcing, supporting local farmers and environmentally friendly practices
Don’t Miss Out on the Best Deals of the Season!
The new harvest season is the perfect time to place your orders for high-quality Vietnamese coffee at competitive prices. Secure your supply today and benefit from our exclusive Mid-Month Hub Sale! Whether you’re a roaster, wholesaler, or coffee distributor, we offer customized solutions tailored to your business needs.
Contact us now to take advantage of the fresh coffee harvest and our unbeatable promotional offers!