Vietnam's coffee market share in China's total imports decreased from 23.96% in the first quarter of 2022 to 13.9% in the first quarter of 2023. In the same period last year, Vietnam led the market share in China, followed by Ethiopia and Brazil.
The Import and Export Department (Ministry of Industry and Trade) recently cited data from the Chinese Customs Administration showing that China's coffee imports in the first quarter of 2023 reached approximately 23,250 tons, worth 135.17 million USD, up 24.5% in volume and 29.8% in value over the same period last year. China's average coffee import price reached 5,814 USD/ton, up 4.2% over the same period last year.
China mainly imported unroasted or decaffeinated coffee, accounting for 85.86% of the total volume, reaching 19.92 thousand tons, worth 88.72 million USD, up 40.5% in volume and 70% in value over the same period last year.
In contrast, China reduced its imports of roasted, decaffeinated coffee and roasted, decaffeinated coffee, down 26.7% and 18.6% in volume, respectively, and 11% and 7.6% in value compared to the same period last year.
In the first quarter of 2023, China imported 7.43 thousand tons of coffee from Brazil, worth 28.07 million USD, up 336.7% in volume and 322.8% in value over the same period in 2022.
Brazil's coffee market share in China's total imports increased sharply, from 9.12% in the first quarter of 2022 to 31.97% in the first quarter of 2023.
Data: China Customs, Import and Export Bureau (compiled by H.M.)
In contrast, China reduced coffee imports from Vietnam in the first quarter of 2023, down 33% in volume and 31.6% in value compared to the same period in 2022, reaching approximately 3,000 tons, worth 6.66 million USD.
Vietnam's coffee market share in China's total imports decreased from 23.96% in the first quarter of 2022 to 13.9% in the first quarter of 2023, ranking third after Brazil and Ethiopia.
Data: China Customs, Import and Export Bureau (compiled by H.M.)
In the same period last year, Vietnam led the market share in China, followed by Ethiopia and Brazil respectively.
Source
Comment (0)