Vietnam's green coffee supply is projected to grow steadily from 2024 to 2028. Starting at 34.53 million units in 2024, it will increase to 36.45 million units by 2028. Comparing with the actual data of 2023, which was recorded at 34.00 million units, the market demonstrates an annual growth rate. The variations in percentage year-on-year are as follows:
- 2024: +1.56%
- 2025: +1.42%
- 2026: +1.37%
- 2027: +1.35%
- 2028: +1.31%
On average, the CAGR over the five-year forecast period is approximately 1.4%.
Future trends to watch include global coffee demand fluctuations, climate change impact on coffee production, and technological advancements in coffee farming that could potentially enhance productivity.
