Coffee export prices increased by 45%

VTV.vn - Coffee export prices globally, including in Vietnam, are increasing due to scarce global supply.

The roasted coffee industry in the US is facing difficulties due to tariffs.

Export coffee prices increased by 45%.

Global export coffee prices, including those from Vietnam, are rising due to a global supply shortage. Over the first nine months, the average export price of coffee reached over $5,600 per ton, 45% higher than the same period last year and also the highest level in many years, reflecting the strong competitiveness of Vietnamese coffee in a volatile global market.

Major producing countries are heavily impacted by extreme weather and unstable trade policies in many countries. In this context, Vietnamese Robusta coffee has become the preferred choice for importers due to its stable supply, competitive pricing, and continuously improving quality. Vietnamese coffee continues to assert its position, with exports reaching a new record of $7 billion in just nine months, and projected to reach $8 billion for the whole year. This is an unprecedented figure in the history of the Vietnamese coffee industry.

The roasted coffee industry in the US is facing difficulties due to tariffs.

According to the National Coffee Association, retail coffee prices in the U.S. rose nearly 21% in August compared to the same period last year, putting pressure on both roasters and consumers. Part of the reason stems from the tax policies of President Donald Trump's administration.

The US imports over 99% of its coffee consumption, primarily from Brazil (30.7%), Colombia (18.3%), and Vietnam (6.6%). Brazil, the largest coffee exporter to the US, is currently facing drought conditions that have significantly reduced coffee bean production, while also bearing a 50% tariff on exports to the US.

Source: https://vtv.vn/gia-ca-phe-xuat-khau-tang-45-100251021182205229.htm