Domestic coffee prices continued their downward trend in the morning of December 3, marking the third consecutive decline since the start of the week. This domestic slide mirrors a global slump, driven by significant losses on both the London and New York exchanges overnight (Vietnam time).
Despite recent price volatility, export performance remains robust. According to the General Department of Vietnam Customs, exports from the beginning of the year through November 15 reached nearly 1.35 million tons, valued at $7.64 billion. This represents a 14.6% increase in volume and a massive 62.3% surge in value compared to the same period in 2024.
The Vietnam Coffee and Cocoa Association (VICOFA) estimates that export turnover for the first 11 months hit $7.85 billion and forecasts that full-year revenue for 2025 will surpass the $8 billion mark.
Notably, processed coffee has become a new growth driver with $1.46 billion, up 58 per cent compared to the same period in 2024. This shift shows that the industry is moving from growth based on volume to growth based on quality.
Addressing the Asia International Coffee Conference - Coffee Outlook (AICC) in Ho Chi Minh City on December 2-3, Deputy General Director of Simexco Dak Lak, Nguyen Tien Dung, stated that not only the EU but also demanding markets like Japan are beginning to require agricultural products to comply with deforestation-free and low-emission standards.
Therefore, he advised farmers to strongly shift towards sustainable production, develop organic coffee, circular economy, and continuously innovate to maintain added value and competitiveness.
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