February 24, 2025 | 23:02 GMT +7
February 24, 2025 | 23:02 GMT +7
Hotline: 0913.378.918
Arabica coffee export price increased sharply compared to the first half of 2020. Photo: TL.
According to the Import-Export Department (Ministry of Industry and Trade), in the early months of 2021, due to the negative impact of the Covid-19 pandemic, Vietnam's Arabica coffee export decreased sharply compared to the same period in 2020.
Statistics from the General Department of Customs show that, in the first 6 months of 2021, Arabica coffee exports reached 37.24 thousand tons, which is worth US$101.86 million, down by 61.7% in volume and 54.9% in value over the same period in 2020.
However, the export price of Arabica coffee increased significantly over the same period. In June 2021, the average export price of Arabica coffee reached $2,873/ton, the highest level in recent years, up by 33% compared to June 2020.
On average in the first 6 months of this year, the export price of Arabica coffee reached 2,735 USD/ton, up by 17.5% over the same period in 2020. In which, the average export price of Arabica coffee sees a high growth rate to some markets such as: Germany, Belgium, France, Russia.
Translated by Nguyen Hai Long
(VAN) Pepper prices on February 24, 2025, remain stable in domestic and global markets. Domestic pepper prices are holding high around VND 160,000 - 162,000/kg.
(VAN) Coffee prices on February 24, 2025, remain unchanged in domestic and global markets. Domestic coffee prices continue to trade at VND 132,800 - 134,000/kg.
(VAN) A discussion about global soybean exports cannot proceed without mention of Brazil or the United States, because together they fuel 85% of total shipments each year.
(VAN) Retail fertilizer prices tracked by DTN for the second week of February 2025 continued to show most nutrients are more expensive with three fertilizers noticeably higher.
(VAN) Coffee prices on February 21, 2025, saw a sharp decline globally. Domestic coffee prices dropped by VND 1,500, trading at VND 130,700 - 132,000/kg.
(VAN) Pepper prices on February 21, 2025, slightly decreased in Indonesia, while domestic prices remained stable, trading around VND 160,000 - 162,500/kg.
(VAN) Pepper harvest in Gia Lai has commenced, and the producers are filled with optimism as prices continue to increase. Local authorities have recommended that development remain consistent without the expansion of cultivation areas.