Forecast: Coffee Export Volume in Vietnam

Vietnam's coffee export volume stood at 1.92 million metric tons in 2023. Observing the year-on-year variations, there have been significant fluctuations, with notable increases in 2016 (21.08%) and 2018 (16.67%), and slight decreases in 2015 (-8.12%) and 2017 (-3.23%). Over the last five years, the compound annual growth rate (CAGR) averaged 0.69%, reflecting a relatively stable growth pattern.

The forecast suggests a gradual increase, projecting the volume to reach 2.06 million metric tons by 2028. The forecasted five-year CAGR is 1.13%, indicating steady but slow growth, with a total growth rate of 5.78% over this period.

Future trends to watch for include:

• Potential impacts of climate change on coffee yields.
• Shifts in global coffee demand and consumption patterns.
• Technological advancements in coffee production and processing.
• Vietnam's potential improvements in coffee quality and branding efforts.
• Economic and trade policies affecting export dynamics.