February 21, 2025 | 10:45 GMT +7
February 21, 2025 | 10:45 GMT +7
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Arabica coffee price reaches its the highest average exporting to Thailand. Photo: TL.
According to the General Department of Customs, in July 2021, the average export price for Arabica coffee reached 3,080 USD/ton, up by 7.2% compared to June 2021 and by 53.3% compared to July 2020. This is the highest level in the past 3 years.
Thanks to high export prices, in July 2021, although the amount of Arabica coffee exported only reached 2.6 thousand tons, down by 24.3% in volume compared to July 2020, the value increased by 10% reaching 8.1 million USD.
On average, for the first 7 months of 2021, the Arabica coffeeexport price reached USD2,758/ton, up by 19.2% over the same period in 2020.
The average export price of Arabica coffee to all major markets increased in the first 7 months of the year. In which, the average price reached its highest level in the Thai market at USD3,188/ton. Followed by Belgium at USD2,883/ton, Canada at USD2,875/ton...
In the first 7 months of 2021, Arabica coffee exports reached 40.1 thousand tons, valued at 110.66 million USD, down by 23% in volume and by 8.2% in value over the same period in 2020.
Translated by Nguyen Hai Long
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