Coffee exports to New Zealand market grow by 3 digits

The Import-Export Department (Ministry of Industry and Trade) cited data from the General Department of Customs saying that in July 2023, Vietnam's coffee exports to the New Zealand market reached 194 tons, worth 583.71 million USD, up 44.8% in volume and 48.0% in value compared to June 2023, and up 73.2% in volume and 108.2% in value compared to July 2022.

Coffee exports to New Zealand market grew by triple digits. Photo by Nguyen Hanh

In the first 7 months of 2023, Vietnam's coffee exports to the New Zealand market reached 1.2 thousand tons, worth 3.2 million USD, up 106.5% in volume and 144.2% in value over the same period last year.

In July 2023, the average export price of Vietnamese coffee to the New Zealand market reached 3,009 USD/ton, up 2.2% compared to June 2023 and up 20.2% compared to July 2022. In the first 7 months of 2023, the average export price of Vietnamese coffee to the New Zealand market reached 2,638 USD/ton, up 18.3% over the same period last year.

Types of coffee exported In the first 7 months of 2023, Vietnam exported Robusta, Arabica and processed coffee to the New Zealand market. Of which, Vietnam sharply increased exports of Robusta and processed coffee to the New Zealand market, up 186.1% and 58.5% respectively over the same period last year, accounting for 76.48% and 23.03% respectively. On the contrary, Vietnam reduced exports of Arabica coffee to the New Zealand market, down 17.2% over the same period last year, accounting for 0.49%.

Coffee exports to the New Zealand market by month in the period 2021 - 2023 (Unit: thousand USD). Source: General Department of Customs

According to data from the International Trade Center (ITC), in the first 6 months of 2023, New Zealand imported over 8 thousand tons of coffee, worth nearly 48.39 million USD, down 7.9% in volume and 15.6% in value compared to the same period in 2022. The difficult economy and changes in consumer tastes, the habit of eating at home is maintained more, leading to a decrease in coffee consumption in the food service industry.

In the first 6 months of 2023, New Zealand reduced imports of all types of coffee. Of which, coffee imports, excluding roasted and decaffeinated coffee (HS 090111), decreased by 5.1% in volume and 15.0% in value compared to the same period last year, reaching over 7 thousand tons, worth 34.75 million USD.

Similarly, New Zealand reduced its imports of roasted coffee, excluding decaffeinated coffee (HS 090121), down 18.3% in volume and 13.1% in value, to 7,836 tonnes, worth US$12.3 million.

In the first 6 months of 2023, New Zealand reduced coffee imports from Brazil and Colombia, but increased imports sharply from Vietnam, Honduras, and Papua New Guinea.

According to the ITC, Brazil was the largest source of coffee for New Zealand in the first half of 2023, reaching 1.72 thousand tons, worth 8.19 million USD, down 20% in volume and 27.7% in value compared to the same period last year. Brazil's share of total coffee imports to New Zealand decreased from 24.73% in the first half of 2022 to 21.49% in the first half of 2023.

In contrast, New Zealand increased its coffee imports from Vietnam, up 23.4% in volume and 19% in value over the same period last year, reaching approximately 1,140 tons, worth 2.54 million USD. Vietnam's coffee market share in New Zealand's total imports increased from 10.58% in the first 6 months of 2022 to 14.19% in the first 6 months of 2023.

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