21/03/2025
VIETNAMESE COFFEE EXPORTS IN THE FIRST TWO MONTHS OF 2025 GROW POSITIVELY
✅ Coffee export prices in the first 2 months of the year increased sharply by 75.9% over the same period
Statistics from the Customs Department show that Vietnam's coffee exports in February 2025 reached 169.8 thousand tons, worth 964.3 million USD, a sharp increase of 26.7% in volume and 32.2% in value compared to January 2025; Compared to February 2024, it increased by 6.9% in volume and 82.6% in value.
✅ In the first 2 months of 2025, coffee exports reached 309.5 thousand tons, worth 1.72 billion USD, down 22% in volume but up 37.2% in value compared to the same period in 2024 thanks to a sharp increase in export prices.
Regarding price, in February 2025, Vietnam's average coffee export price increased to 5,678 USD/ton, up 4.4% compared to January 2025 and up 70.8% compared to February 2024. Thus, the average export price of this product in the first 2 months of 2025 reaches 5,561 USD/ton, an increase of 75.9% over the same period in 2024.
It is forecasted that world coffee prices will continue to increase
Expert analysis said that since the beginning of March 2025, coffee prices on the world market have remained high because investors have stepped up buying with the expectation that prices will continue to increase. In addition, coffee inventories at ICE floors decreased sharply, with Arabica inventories reaching their lowest level in 9 months.
At the same time, supply from Brazil and Vietnam also affects prices. Brazilian farmers have limited sales due to the devaluation of the Real, while in Vietnam, coffee is entering the final stages of the harvest, causing supply to slow down.
Recently, the Brazilian Coffee Industry Association (ABIC) predicted that world coffee prices will continue to increase in the near future because coffee farming in Brazil has been affected by adverse weather over the past 4 years.
Brazil is the world's largest coffee producer and exporter, accounting for nearly half of the world's output. Brazil's next harvest begins in July 2025. It is forecasted that this country's coffee output will be the lowest in the past 3 crops, only about 60 million bags (60 kg each), down 4.4% compared to the previous crop.
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