Planting Area of Coffee Beans in Vietnam Expands Continuously, States CRI in Its In-demand Report Published at MarketPublishers.com
10 May 2017 • by Natalie Aster
LONDON – To date, Vietnam enjoys strong coffee bean rough processing and deep processing capacity. The designed production capacity of rough processing stands at 1.5 million tonnes per year, coffee bean baking and coffee powder processing capacity amounts to 52,000 tonnes per annum, whilst production capacity of instant coffee is estimated at 36,500 tonnes per year.
The share of baking and instant coffee deep processing with high added-value is on the rise. Vinacafe, An Thai, Trung Nguyen, Phuong Vy and Me Trang are widely known coffee brands. Meantime, Vietnamese coffee processing devices and facilities are sold to the local and foreign markets.
Coffee from Vietnam is in good demand from pole to pole. The export volume and value follow an upward trend. From 1991 to 1995, the annual export volume of the country’s coffee beans stood at only 142,000 tonnes, while the yearly export value was only USD 210 million. From 2006 to 2016, the export volume surpassed the 1 million tonnes mark with the highest annual export value reaching more than USD 3 billion.
The planting area of coffee beans expands on a continuous basis in the country. The output volume posts respective growth, which gives a boost to the processing, sales and export of the product.
Over the foreseeable future, the output volume of local coffee beans is expected to continue to gain momentum, resulting in the upsurge of domestic demand and export volume alike.
In-demand research report “Research Report on Coffee Industry in Vietnam, 2017-2021” elaborated by CRI provides an insightful, unbiased analysis of the coffee industry nation-wide.
The study gives an all-round overview of the development environment of Vietnam’s coffee industry. It offers details about the coffee beans planting and processing in the country; provides information on the local demand for coffee; offers data on coffee exports. The report casts light on key drivers and market opportunities, as well as identifies major threats and challenges in the country’s coffee sector. It analyses major domestic coffee brands in Vietnam. The research study provides granular forecasts on supply of, and demand for Vietnamese coffee, alongside providing granular projections on exports of domestic coffee beans.
Historical data are provided for 2011-2017, and forecast figures are offered for 2017-2021.
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