Forecast: Coffee Import Volume in Vietnam

Vietnam's coffee import volume increased significantly from 2014 to 2023, with notable fluctuations. In 2023, it stood at 73.0 thousand metric tons, reflecting a YoY growth of 4.29%. From 2014 to 2023, CAGR was 2.04%. The series depicts extreme volatility, particularly evident in 2016 and 2018, which saw sharp increases followed by significant drops in subsequent years. The 5-year CAGR forecast to 2028 is 2.97%, with an expected overall growth of 15.75% by 2028.

Future trends to watch for include potential impacts of climate change on coffee production, shifts in global supply chains, and evolving consumer preferences towards sustainable and specialty coffee products. Monitoring these will be critical for understanding and anticipating further fluctuations in Vietnam's coffee import volume.