Vietnam: Robusta coffee prices are higher than Arabica

게시됨 2024년 9월 26일

Tridge 요약

In July 2024, Vietnam saw an unusual occurrence where the export price of Robusta coffee surpassed that of Arabica coffee, a trend that continued from the previous months. Robusta coffee exports exceeded 58 thousand tons, earning over 263 million USD with an average price of 4,528 USD per ton, while Arabica coffee exports totaled over 5 thousand tons, bringing in 22 million USD at 4,350 USD per ton. This result in Robusta coffee being 178 USD per ton more expensive than Arabica coffee on average. This situation is attributed to the high demand for Vietnamese Robusta coffee, which is valued for its unique flavors and lower cost compared to other origins, despite the usual price disparity between the two types of coffee. This demand is further fueled by the EU's increasing regulations on food safety and anti-deforestation, as Vietnamese coffee exporting companies are better compliant with these regulations. This compliance, coupled with the higher quality and taste of Vietnamese Robusta coffee, is expected to sustain strong market interest and good prices in the future. Overall, Vietnam's coffee exports from January to August 2024 saw a decrease in volume but a significant increase in value, with the average export price reaching 3,800 USD per ton, a 54.3% increase from the same period in 2023.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Looking back at Vietnam's coffee export prices in July 2024, it is clear that the export price of Robusta coffee was at times higher than the export price of Arabica coffee this year. Specifically, according to the General Department of Customs, in July, the export volume of Robusta coffee was more than 58 thousand tons, worth more than 263 million USD, corresponding to an average export price per ton of Robusta coffee of 4,528 USD. Meanwhile, also in July, the export volume of Arabica coffee was more than 5 thousand tons, worth more than 22 million USD, corresponding to 4,350 USD/ton. Thus, in July, the average export price of Robusta coffee was 178 USD/ton higher than the export price of Arabica coffee. Not only in July, but also in the previous months of 2024, there were months when the export price of Robusta coffee was higher than Arabica. Therefore, in the first 7 months of this year, the average export price of Robusta coffee (3,379 USD/ton) is slightly higher than the ...
출처: Vinanet

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