China increases coffee imports from Vietnam

Published 2024년 7월 16일

Tridge summary

In the first five months of 2024, China's coffee imports surged by 155.1% year-on-year to 109,850 tons, with an import value of US$490 million, up 104.3%. The average price per ton of imported coffee decreased by 19.9% to US$4,461. Despite the overall decline in average import prices, Vietnam and Ethiopia maintained stable prices. China sourced coffee from around 60 countries, with major suppliers being Brazil, Colombia, Vietnam, and Ethiopia. Notably, imports from Vietnam increased by 25% to 9.78 million tons, valued at US$31.63 million, an 80.4% increase, although Vietnam's share in China's total coffee imports dropped from 18.18% to 8.91%.

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Original content

According to statistics from China's General Administration of Customs and Maritime Affairs, in the first five months of 2024, China's coffee imports reached 109,850 tons, a year-on-year increase of 155.1%; the import value reached US$490 million, a year-on-year increase of 104.3%. In the first five months of 2024, the average price of China's imported coffee reached US$4,461 per ton, a year-on-year decrease of 19.9%. In particular, except for Vietnam and Ethiopia, China's average import prices to many major coffee suppliers have declined. In the first five months of 2024, China imported coffee from about 60 countries and regions around the world. Coffee. The main coffee suppliers include: Brazil, Colombia, Vietnam, Ethiopia, Tanzania, Uganda, Indonesia, the United States, Italy, etc. In the first five months of 2024, China increased its imports of Vietnamese coffee, with ...

Source: Foodmate