Vietnam.vn - Nền tảng quảng bá Việt Nam

China reduces coffee imports from Vietnam

Báo Công thươngBáo Công thương15/12/2023


The Import and Export Department ( Ministry of Industry and Trade ) cited data from the Chinese Customs Administration, saying that the country's coffee imports in the first 10 months of 2023 reached 113.54 thousand tons, worth 624.79 million USD, up 10.7% in volume and 4.8% in value over the same period last year.

Giá cà phê 15/12, giá cà phê trong nước ngày 15/12/2023
China reduces coffee imports from Vietnam

In the first 10 months of 2023, China imported mainly coffee, unroasted or decaffeinated (HS 0901.1100), reaching 101.44 thousand tons, worth over 464 million USD, up 14.6% in volume and 12.3% in value over the same period last year.

The market share of coffee types, unroasted or decaffeinated, accounted for 89.34% of total coffee imports into China in the first 10 months of 2023.

In contrast, China reduced imports of roasted, decaffeinated coffee (HS 0901.2100), down 12.6% in volume and 10.9% in value compared to the same period last year, reaching 11.51 thousand tons, worth approximately 153.2 million USD.

Coffee supply for China is mainly concentrated from markets including: Brazil, Ethiopia, Colombia, Vietnam, Indonesia, Malaysia...

In the first 10 months of 2023, China sharply increased coffee imports from Brazil, up 153.6% in volume and 151.1% in value over the same period last year, reaching approximately 39.8 thousand tons, worth 152.88 million USD.

Brazil's coffee share in China's total coffee imports increased from 15.29% in the first 10 months of 2022 to 35.05% in the first 10 months of 2023.

In contrast, China reduced coffee imports from Vietnam in the first 10 months of 2023, down 29.2% in volume and 17.3% in value compared to the same period last year, reaching approximately 13.55 thousand tons, worth over 34 million USD.

Vietnam's coffee market share in China's total coffee imports decreased from 18.65% in the first 10 months of 2022 to 11.93% in the first 10 months of 2023.

Beverage consumption trends in China have shifted from tea to coffee in recent years. Although per capita consumption remains low, coffee sales in the Chinese market have increased.

Coffee has the potential to become one of China’s favorite drinks. Therefore, China is considered a potential market for coffee exporting countries, with much room to be exploited in the coming years.



Source link

Comment (0)

No data
No data
Magical scene on the 'upside down bowl' tea hill in Phu Tho
3 islands in the Central region are likened to Maldives, attracting tourists in the summer
Watch the sparkling Quy Nhon coastal city of Gia Lai at night
Image of terraced fields in Phu Tho, gently sloping, bright and beautiful like mirrors before the planting season
Z121 Factory is ready for the International Fireworks Final Night
Famous travel magazine praises Son Doong cave as 'the most magnificent on the planet'
Mysterious cave attracts Western tourists, likened to 'Phong Nha cave' in Thanh Hoa
Discover the poetic beauty of Vinh Hy Bay
How is the most expensive tea in Hanoi, priced at over 10 million VND/kg, processed?
Taste of the river region

Heritage

Figure

Business

No videos available

News

Political System

Local

Product