There are two main types of coffee beans: Arabica and Robusta. Arabica beans are known for their mild taste, high acidity, and complex flavor profile, whereas Robusta beans contain more caffeine, have a bitter taste, and are more resilient.
Coffee beans are primarily used to make or process coffee and alike beverages. Green beans can also be processed into green coffee extract, which is used in food and health products. Coffee drinks are widely popular globally, with different roasting and brewing methods catering to various taste preferences.
According to the publisher, major coffee bean exporters in the Asia-Pacific region and globally include Brazil, Vietnam, Colombia, and Ethiopia. Vietnam is a major supplier of Robusta coffee, holding a significant position in the global market for Green Coffee Beans.
In Vietnam, the coffee industry is a crucial agricultural sector, especially for the production and export of Robusta coffee. With favorable climate and soil conditions, Vietnam has become the world's second-largest coffee producer. According to the publisher, Vietnam exports large volumes of Green Coffee Beans, primarily to major coffee-consuming countries such as the United States, Germany, and Italy.
According to the publisher, Coffee is one of the top six agricultural products in Vietnam, generating over US$ 3 billion in revenue, with most of the coffee exported as green beans. In 2023, Vietnam's total export value of Green Coffee Beans exceeded US$ 3.2 billion. In 2024, the estimated coffee cultivation area in Vietnam is 600,000 hectares. Due to climate change and extreme weather, global coffee-producing regions face reduced yields, leading to higher coffee prices. Despite these challenges, Vietnam's annual coffee production remains around 1.3 million tons. In 2024, international demand for Vietnamese Green Coffee Beans surged, with total export revenues surpassing US$ 2.4 billion from January to May.
According to the publisher, from 2021 to 2024, the primary destinations for Vietnam's green coffee bean exports included Switzerland, Singapore, and the Netherlands. Major companies importing these products from Vietnam include BERO COFFEE SINGAPORE PTE LTD, LOUIS DREYFUS COMPANY SUISSE S.A., and SUCAFINA S.A. Numerous international distributors have subsidiaries in Vietnam and play an important role in exporting coffee beans. Leading green coffee bean exporters in Vietnam include INTIMEX GROUP, VINH HIEP CO., LTD, and SIMEXCO DAKLAK LTD.
Overall, due to supply shortages and low coffee reserves, global prices for Green Coffee Beans, especially Robusta, have reached their highest levels in 15 years, showing a supply-demand imbalance and continuous market demand growth.
The publisher forecasts that with the increasing global population and changing dietary habits, more countries are gradually embracing coffee beverages. Vietnam's production and export of Green Coffee Beans are becoming increasingly significant in international trade. By continuously optimizing cultivation and processing technologies to enhance product quality, Vietnam has further solidified its competitive edge in the international market. In the coming years, the export of Vietnamese Green Coffee Beans is expected to continue its growth trend.
Topics covered:
- The Import and Export of Green Coffee Beans in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Green Coffee Beans in Vietnam (2021-2024)
- Total Export Value and Percentage Change of Green Coffee Beans in Vietnam (2021-2024)
- Total Export Volume and Percentage Change of Green Coffee Beans in Vietnam (January-May 2024)
- Total Export Value and Percentage Change of Green Coffee Beans in Vietnam (January-May 2024)
- Average Export Price of Green Coffee Beans in Vietnam (2021-2024)
- Top 10 Export Destinations for Vietnam Green Coffee Beans and Their Import Volume
- Top 10 Suppliers in the Export Market of Green Coffee Beans in Vietnam and Their Export Volume
- Top 10 Buyers in the Export Market of Green Coffee Beans in Vietnam and Their Import Volume
- How to Find International Distributors and End Users of Green Coffee Beans in Vietnam
- How Foreign Enterprises Enter the Green Coffee Beans Export Market of Vietnam
- Forecast for the Export of Green Coffee Beans in Vietnam (2024-2033)
Table of Contents
Companies Mentioned
- BERO COFFEE SINGAPORE PTE LTD
- LOUIS DREYFUS COMPANY SUISSE S.A.
- SUCAFINA S.A.
- INTIMEX GROUP
- VINH HIEP CO LTD
- SIMEXCO DAKLAK LTD
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | August 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 3.16 Billion |
| Forecasted Market Value ( USD | $ 4.05 Billion |
| Compound Annual Growth Rate | 2.8% |
| Regions Covered | Vietnam |
| No. of Companies Mentioned | 6 |
