Tridge summary
In 2024, the average price of Vietnamese coffee imported into China is expected to increase by 63% compared to 2023 to 4,176 USD/ton. Despite this increase, the price of coffee from other sources such as Colombia and Ethiopia has decreased. The overall price of coffee imported into China is also expected to decrease slightly. Vietnam will be the third largest supplier of coffee to China, with a volume of 24,000 tons valued at 101 million USD, marking a 66% increase in volume and 170% increase in value compared to 2023. Vietnam's coffee market share in China's total imports will also increase to 12.62% in 2024 from 9.44% in 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to the Import and Export Department (Ministry of Industry and Trade), information from China Customs shows that in 2024, the average price of Vietnamese coffee imported into China will reach 4,176 USD/ton, an increase of 63% compared to 2023. While the price of Vietnamese coffee imported into China increased sharply, the price of coffee from other sources such as Colombia, Ethiopia, etc. decreased. The price of coffee in general imported into China will also decrease slightly in 2024. Although it has increased, the price of Vietnamese coffee imported into China is still significantly lower than the average price of coffee imported into China in 2024 (5,095 USD/ton). Vietnam is the ...
Source: Agriculture
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