The market is dominated by Trung Nguyen, Vinacafe Bien Hoa and Nestle with its diversified coffee product offering. | Source: Statista, based on Economist, Displayed is the standard rate. The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year. 74.8% of domestic coffee consumption is roast and ground coffee products, and 10.2% are instant coffee products. | Source: Statista, based on WHO, Per-capita consumption of alcohol (all types) in litres of pure alcohol in the selected region | Source: Statista, based on WHO, Share of men in the selected region (15+ years) who smoke at least occasionally | Source: Statista, based on World Bank, WHO, Share of women in the selected region (15+ years) who smoke at least occasionally | Source: Statista, based on World Bank, WHO, Number of years a newborn in the selected region can expect to live if prevailing patterns of mortality were to stay the same throughout its life. Reading Support The indicator is valued at the current exchange rate of the respective year versus the US$. Coffee is very cheap in Vietnam and is a favorite drink of the Vietnamese. Overview information of coffee industry Vietnam locates in the tropical belt of Northern Hemisphere, where the climate is suitable for developing coffee trees, and brings Vietnamese coffee … The market for Alcoholic, Non-Alcoholic and Hot Drinks not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). Trends in the Coffee Market. To understand key trends, Download Sample Report. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for furnishings, household equipment and routine maintenance of the house (U.S.=100). In 1976, Brazilian coffee beans underwent poor harvest so that the price of coffee rose suddenly and sharply. Vietnam is the world’s second largest producer and exporter of coffee. In the year 2020 a share of 55.7% of consumers is male. in percent Vietnam shipped 1.56 million tons of coffee, including more than 36,000 tons of processed coffee, in the 2018-19 season that ended Sept. 30, a … Reading Support By 2025 21% of volume consumption in the Coffee segment will be attributable to the out of home market (e.g. The coffee retail market in Vietnam reached $ 127.33 million in 2008 and increased to $ 287.34 million in 2012. Vinacafe developed four product lines, namely Vinacafe 100 percent coffee, Vinacafe 2 in 1, Vincafe 3 in 1 and Vinacafe 4 in 1. You can find the source in the data box in the lower left corner. The definitions of labor force and unemployment differ by country. The indicator is valued at the current exchange rate of the respective year versus the US$. in kilograms. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for miscellaneous goods and services. A substantial demand for the cheap Vietnam coffee has been witnessed in the emerging markets of Asia where the consumer is shifting from the traditional beverage, tea. supermarkets and convenience stores). The indicator is valued at the current exchange rate of the respective year versus the US$. in percent About 90%of the output from this facility will be exported to other markets in Asia including Thailand, the Philippines, Malaysia, Singapore, Hong Kong, Taiwan and Indonesia. New, Figures and insights about the advertising and media world, Industry Outlook | Source: Statista, based on World Bank, IMF, OECD, Net barter terms of trade are calculated as the percentage ratio of the export unit value to the import unit value, measured relative to the base year 2000. The data source is specified individually for each data set. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . in the Coffee market These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models. The weights of the components vary by country according to local consumption patterns. Instant Coffee Market Overview: According to the International Coffee Organization, coffee exports in the initial half of coffee year 2018 to 2019 (October 2018 to March 2019) witnessed an increment of 4.1% over the same period in 2017 to 2018, taking the total shipment to 63.15 million bags compared to the 60.63 million bags shipped during the same tenure in 2017 to 2018. Due to local sales taxes, the overall tax rate may vary within the country. bars and restaurants). According to International Coffee Orgnisation, Veitnam showed a steady  per capita soluble coffee consumption  among millinneal when compared to other Asian Countries over the last decade. The indicator is valued at the current exchange rate of the respective year versus the US$. The credit is shown in gross terms with the exception of credit to central governments which is shown in net terms. -12.9% Premimuization trends is expected to boost the growth of the market in the country. Likewise, a decline would indicate a deterioration of terms of trade that would put pressure on the country to export more goods to sustain the level of imports. © 2020. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Revenue in the Coffee segment is projected to reach US$4,845m in 2020. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for recreation and culture. Reading Support It covers all private household spendings meant for consumption at home. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for other goods and services (U.S.=100). Vietnam Coffee Market - Growth, Trends and Forecasts (2020 - 2025), Phuc Long Trading Production Company Limited. Get a Sample Copy of the Vietnam Coffee Market Report 2020. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for housing, water, electricity, gas and other fuels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for furnishings, household equipment and routine maintenance of the house (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for health (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Data are expressed in the base year of each country's national accounts. This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. The indicator is valued at the current exchange rate of the respective year versus the US$. Values shown are only based on survey respondents who answered the question regarding their income. The ""Average Revenue per Capita"" box shows the average market value of the selected market (market segment, region) per person in US dollars for each year. The market's largest segment will be the segment Roast Coffee with a market volume of US$4,407m in 2020. Out of home consumption encompasses all sales via food service establishments(e.g. in million US$. Due to local taxes, the overall tax rate may vary within the country. yoy, -13.7% Farmers in the Central Highlands, Vietnam’s coffee-growing capital, sold coffee COFVN-DAK at VND33,000-33,400 ($1.43-$1.45) per kg, up from VND31,500-32,000 last week, and tracking higher London prices. Vietnam Coffee Market - Growth, Trends and Forecasts (2018 - 2023) The Vietnam coffee market value is expected to witness a growth rate of 8.2% during the forecast period with an average per capita coffee consumption of 1.1 Kg in 2018. New, Everything you need to know about the industry development, Find studies from all around the internet. Reading Support Vietnam's coffee industry is expected to grow strongly in the coming years as the population continues to expand at a rate of about one million people a year and the country and the tastes of its people become more sophisticated. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. The timeline has been stabilised for currency effects by using a constant exchange rate. Both out of home and at home consumption are valued at consumer prices including all sales taxes and excise duties. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for clothing and footwear. The country’s coffee industry is expected to grow strongly over the forecast period, as the population continues to expand at a rate of about one million people a year. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The indicator is valued at the current exchange rate of the respective year versus the US$. from Asia (Vietnam and Indonesia) and Africa (Ethiopia, Tanzania and Uganda).9,11 The market advisory firm Mordor Intelligence predicts that the global market (retail) value of the coffee sector will experience a 5.5 per cent compound annual growth rate (CAGR) from 2018 to 2023, yet this positive outlook “Market is dull due to lower international prices, scarce supplies and adverse weather,” said a trader based in the coffee belt. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for furnishings, household equipment and routine maintenance of the house. March robusta coffee settled up $6, or 0.44%, at $1,378 per metric ton on Wednesday. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for health. It covers all private household spendings meant for consumption at home. Vietnam's coffee industry took off after the Vietnam War ended in 1975, especially after East Germany signed the coffee procurement agreement with Vietnam. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for alcoholic beverages, tobacco and narcotics (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Reading Support | Source: Statista, based on IMF, The indicator shows the share of unemployed people in the selected region, defined as persons without work that seek employment, as a percentage of the total labor force. The Coffee segment is expected to show a revenue growth of 20.0% in 2021. Vincafe holds 40% of the market share which is equal to the combined market share of Trung Nguyen and Nescafe. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Coffee drinking in western cafes has becomes the vogue across Vietnam. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for housing, water, electricity, gas and other fuels. Business facilities as well as institutional housholds (like unversity dormitories or retire homes) are not counted as households. [1] in the Coffee market The segment does not include Ready-to-Drink coffee beverages which are included in the Soft Drinks segment of the Non-Alcoholic Drinks market instead. 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