Based on the forecast data for green coffee gross production in Vietnam, the production value in 2024 is expected to be 4.207 billion US dollars (PPP=2004–2006), with a projected increase to 4.7112 billion US dollars by 2028. In 2023, the production value stood at 4.080 billion US dollars.
From 2024 to 2025, the year-on-year increase is approximately 3.04%. The year-on-year variation from 2025 to 2026 is around 2.93%, followed by a 2.81% increase from 2026 to 2027, and a 2.71% rise from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.83%.
Future Trends to Watch For:
- Fluctuations in international coffee prices impacting production value.
- Changes in climate conditions affecting crop yields.
- Technological advancements in coffee farming and processing.
- Shifts in global demand for coffee, especially from emerging markets.
- Government policies and support for the agricultural sector in Vietnam.