In 2023, Vietnam's coffee production stood at 1.68 million metric tons. Based on forecasted data for the upcoming years, the production is expected to increase steadily. In 2024, production will reach 1.69 million metric tons, marking a slight growth of 0.6% from the previous year. By 2025, it will grow by another 0.6% to 1.7 million metric tons. The trend continues with a 1.2% increase in 2026, a 0.6% rise in 2027, and a further 1.15% increase in 2028, culminating in a production value of 1.75 million metric tons.
Year-on-year variations show modest but steady growth, indicating a stable upward trend. Over the past two years, annual increments have hovered between 0.6% and 1.2%. The Compound Annual Growth Rate (CAGR) over the next five years is projected to be approximately 0.83%, reflecting consistent progress.
Future trends to watch for include potential impacts of climate change on coffee yields, advancements in agricultural technology, and shifts in global demand. Monitoring these factors will be crucial for anticipating further changes in production levels.
