Vietnam's coffee export prices increase sharply again

After falling at the end of 2024, Vietnam's coffee export prices increased sharply again in the first two months of 2025 due to limited supply.

The Import-Export Department (Ministry of Industry and Trade) cited statistics from the Customs Department ( Ministry of Finance ) saying that Vietnam's coffee exports in February 2025 were estimated at 150 thousand tons, worth 854 million USD, up 11.9% in volume and 17.2% in value compared to January 2025. Compared to February 2024, it decreased by 5.6% in volume but increased by 61.7% in value.

In the first two months of 2025, Vietnam exported 284 thousand tons of coffee, worth 1.58 billion USD, down 28.4% in volume but up 26.2% in value compared to the same period in 2024, due to increased export prices.

In the first two months of 2025, the average coffee export price reached 5,575 USD/ton, an increase of 76.3% over the same period in 2024.

After falling at the end of 2024, Vietnam's coffee export prices increased sharply again in the first two months of 2025 due to limited supply. In February 2025, the average coffee export price reached 5,695 USD/ton, up 4.7% compared to January 2025 and up 71.3% compared to February 2024.

In the first two months of 2025, the average coffee export price reached 5,575 USD/ton, an increase of 76.3% over the same period in 2024.

In the first month of 2025, Robusta coffee exports decreased by 47.9% in volume and 8.3% in value compared to January 2024, reaching 112.7 thousand tons, worth 562.5 million USD. The proportion of Robusta coffee exports accounted for 77.16% of the total value of Vietnam's coffee exports in the first month of 2025, lower than the proportion of 84.47% in January 2024.

In January 2025, Vietnam exported 8.3 thousand tons of Arabica coffee, worth 49.8 million USD, up 58.2% in volume and 147.2% in value compared to January 2024. The proportion of Arabica coffee exports in the total value of Vietnam's coffee exports increased to 6.83% in January 2025, higher than the proportion of 2.77% in January 2024.

Notably, processed coffee exports increased by 26.0% compared to January 2024, reaching 116.7 million USD. The proportion of processed coffee exports increased to 16.00% of Vietnam's total coffee export value in the first month of 2025, higher than the proportion of 12.75% in January 2024. This is a positive signal in Vietnam's coffee exports, with the proportion of processed coffee exports increasing.

In late February 2025, coffee prices on the world market fluctuated in opposite directions, with Robusta coffee prices decreasing while Arabica coffee prices increased sharply.

Robusta coffee prices fell on forecasts of a slight increase in global Robusta production and increased selling pressure from Vietnam amid ample supplies. Meanwhile, investment funds are reducing long positions and demand from roasters is also somewhat reduced. In contrast, Arabica coffee prices were supported by forecasts of a lower output in Brazil.

The 2024 drought and heavy pruning will reduce Arabica production by 16% to 36.46 million bags. Brazil’s coffee exports are forecast to fall by 22% in 2025-26 to 39.24 million bags due to a fifth consecutive year of poor Arabica production and low inventories. Meanwhile, the outlook for Robusta is more positive, with production expected to increase by 8% to 23.29 million bags. With these factors, coffee prices may continue to fluctuate strongly in the coming time.

In February 2025, Robusta coffee prices in the domestic market increased to their highest on February 22, 2025, then adjusted due to weaker purchasing demand as businesses completed short-term export orders.

In the domestic market, coffee prices today, March 8, 2025, in the Central Highlands region continued to decrease sharply, the decrease was about 3,500 VND/kg, currently the average purchase price is at 130,400 VND/kg.

Specifically, today's coffee price in Dak Lak is 130,500 VND/kg, coffee price in Lam Dong is 129,500 VND/kg, coffee price in Gia Lai is 130,300 VND/kg and coffee price in Dak Nong today is 130,500 VND/kg.

Source: https://congthuong.vn/gia-ca-phe-xuat-khau-cua-viet-nam-tang-manh-tro-lai-377358.html