- Post revised Vietnam's 2021/22 coffee production estimate up to 31.58 million bags due to higher yields from favorable weather. Exports were revised up to 27 million bags due to increased first quarter exports and potential demand and logistics improvements.
- Production is forecasted to be 30.93 million bags for 2022/23, slightly lower due to higher input costs leading farmers to use less fertilizer. Exports are forecasted at 26.65 million bags due to strong competition and uncertain logistics.
- Weather conditions were generally favorable for flowering and cherry setting of the 2022/23 crop, though skyrocketing input prices may impact yields. Production area has remained stable as farmers prioritize sustainability certification.
Improved weather conditions in Vietnam's Central Highlands coffee growing region led to higher coffee production forecasts for MY2021/2022. Coffee exports in MY2020/2021 were revised down to 23.65 million bags due to strong competition and logistical issues, resulting in higher stockpiles of 7.23 million bags. Domestic consumption was also revised down for MY2020/2021 but is expected to increase in MY2021/2022 alongside the expansion of coffee shops.
- Post forecasts Vietnam’s coffee production in marketing year 2020/2021 to be 30.2 million bags, down 3.5% from the previous year due to unfavorable weather conditions. Exports in marketing year 2019/2020 are estimated to be 23.5 million bags, lower than the USDA official estimate due to strong competition from Brazil and Indonesia. Ending stocks are forecasted to be high due to low prices in 2019/2020 resulting in a large carryover.
Vietnam's coffee production for MY 2015/16 is initially forecast at 28.7 million bags, a 1.8% increase from MY 2014/15. Coffee area expanded in some provinces but decreased in others. Exports for MY 2015/16 are forecast at 27.04 million bags, up 2.3% due to larger supplies. Production for MY 2014/15 was revised down to 28.2 million bags, 4% lower than estimated, as farmers described it as a "down year." Exports for MY 2014/15 were revised to 26.43 million bags due to smaller available supplies.
- Vietnam's coffee production for MY 2018/19 is forecast to increase slightly to 29.9 million bags due to favorable weather conditions earlier in the year. Bean exports are also expected to increase slightly to 25.2 million bags.
- While some farmers had switched to crops like black pepper in recent years, pepper prices have fallen and some farmers are returning to coffee or switching to other crops like avocado. Coffee remains important due to its storage and price stability.
- Domestic coffee consumption continues to rise slowly, reaching an estimated 2.6 million bags in MY 2018/19, while exports account for over 90% of production.
Vietnam's coffee production for MY2016/17 is revised down to 26 million bags due to damage from unusual late rains during harvest. Production is forecast to increase by 10% to 28.6 million bags for MY2017/18 due to favorable early year weather. Coffee areas are expected to remain stable as the decreased profitability of black pepper has reduced farmers' incentive to switch crops. Exports for MY2016/17 are revised up to 26.55 million bags due mainly to higher green bean shipments. Exports are forecast to be similar for MY2017/18 due to limited production and carryover stocks.
11th february,2021 daily global regional local rice e newsletterRiceplus Magazine
This document is the February 11, 2021 issue of the Daily Global, Regional & Local Rice E-Newsletter. It includes the following:
- An editorial discussing recent declines in Pakistan's rice exports and issues with the country's monetary and fiscal policies.
- Brief summaries of several rice industry news stories from around the world, including the distribution of farm machinery to rice farmers in the Philippines and the invention of an eco-friendly material for removing heavy metals from water created from rice husks.
- Information about the editorial board and contact details for the newsletter.
11th february,2021 daily global regional local rice e newsletterRiceplus Magazine
This document is the February 11, 2021 issue of the Daily Global, Regional & Local Rice E-Newsletter. It includes the editorial board and advisory board members. The main stories summarized are:
1) Exports of rice from Pakistan declined 9.89% in January 2021 compared to December 2020, with the trade deficit narrowing slightly. Continued contractionary monetary policies have had a greater negative impact on imports and the economy than boosting exports.
2) The Department of Agriculture in the Philippines provided over 42 million pesos worth of farm equipment like tractors and harvesters to rice farmers' groups in Agusan del Norte province to increase productivity and reduce losses.
3) Researchers at an
Improved weather conditions in Vietnam's Central Highlands coffee growing region led to higher coffee production forecasts for MY2021/2022. Coffee exports in MY2020/2021 were revised down to 23.65 million bags due to strong competition and logistical issues, resulting in higher stockpiles of 7.23 million bags. Domestic consumption was also revised down for MY2020/2021 but is expected to increase in MY2021/2022 alongside the expansion of coffee shops.
- Post forecasts Vietnam’s coffee production in marketing year 2020/2021 to be 30.2 million bags, down 3.5% from the previous year due to unfavorable weather conditions. Exports in marketing year 2019/2020 are estimated to be 23.5 million bags, lower than the USDA official estimate due to strong competition from Brazil and Indonesia. Ending stocks are forecasted to be high due to low prices in 2019/2020 resulting in a large carryover.
Vietnam's coffee production for MY 2015/16 is initially forecast at 28.7 million bags, a 1.8% increase from MY 2014/15. Coffee area expanded in some provinces but decreased in others. Exports for MY 2015/16 are forecast at 27.04 million bags, up 2.3% due to larger supplies. Production for MY 2014/15 was revised down to 28.2 million bags, 4% lower than estimated, as farmers described it as a "down year." Exports for MY 2014/15 were revised to 26.43 million bags due to smaller available supplies.
- Vietnam's coffee production for MY 2018/19 is forecast to increase slightly to 29.9 million bags due to favorable weather conditions earlier in the year. Bean exports are also expected to increase slightly to 25.2 million bags.
- While some farmers had switched to crops like black pepper in recent years, pepper prices have fallen and some farmers are returning to coffee or switching to other crops like avocado. Coffee remains important due to its storage and price stability.
- Domestic coffee consumption continues to rise slowly, reaching an estimated 2.6 million bags in MY 2018/19, while exports account for over 90% of production.
Vietnam's coffee production for MY2016/17 is revised down to 26 million bags due to damage from unusual late rains during harvest. Production is forecast to increase by 10% to 28.6 million bags for MY2017/18 due to favorable early year weather. Coffee areas are expected to remain stable as the decreased profitability of black pepper has reduced farmers' incentive to switch crops. Exports for MY2016/17 are revised up to 26.55 million bags due mainly to higher green bean shipments. Exports are forecast to be similar for MY2017/18 due to limited production and carryover stocks.
11th february,2021 daily global regional local rice e newsletterRiceplus Magazine
This document is the February 11, 2021 issue of the Daily Global, Regional & Local Rice E-Newsletter. It includes the following:
- An editorial discussing recent declines in Pakistan's rice exports and issues with the country's monetary and fiscal policies.
- Brief summaries of several rice industry news stories from around the world, including the distribution of farm machinery to rice farmers in the Philippines and the invention of an eco-friendly material for removing heavy metals from water created from rice husks.
- Information about the editorial board and contact details for the newsletter.
11th february,2021 daily global regional local rice e newsletterRiceplus Magazine
This document is the February 11, 2021 issue of the Daily Global, Regional & Local Rice E-Newsletter. It includes the editorial board and advisory board members. The main stories summarized are:
1) Exports of rice from Pakistan declined 9.89% in January 2021 compared to December 2020, with the trade deficit narrowing slightly. Continued contractionary monetary policies have had a greater negative impact on imports and the economy than boosting exports.
2) The Department of Agriculture in the Philippines provided over 42 million pesos worth of farm equipment like tractors and harvesters to rice farmers' groups in Agusan del Norte province to increase productivity and reduce losses.
3) Researchers at an
Vietnam's coffee production for MY2015/16 remained unchanged at 29.3 million bags. Production for MY2016/17 is forecast to drop 7% to 27.3 million bags due to dry weather conditions from El Nino. Exports of green beans, roasted coffee, and soluble coffee are estimated to increase to 28.07 million bags in MY2015/16, driven by strong global demand. Domestic consumption is also rising due to growing coffee shop sales. Drought conditions and lower rainfall are causing concerns for the MY2016/17 crop.
Post forecasts Vietnam's coffee production in MY 2019/2020 to be 30.5 million bags, slightly higher than the previous year, due to favorable weather conditions. Post also forecasts exports of green coffee beans to remain steady at 25.5 million bags. Domestic consumption is expected to increase to 3.4 million bags on the strength of the growing coffee shop market. Ending stocks are forecasted to remain at high levels of over 2 million bags due to low prices discouraging sales in the previous year.
Global sugar production is forecast to reach a record 185 million tons in MY 2017/18, up 13 million tons from the previous year. This record production is driven by large increases in Brazil, India, the EU, and China and will support record global consumption of 174 million tons and exports of 62 million tons. China has implemented a safeguard measure limiting sugar imports, causing China to drop from the largest sugar importer to the second largest behind Indonesia.
Global and-spanish economic perspectives Q3 2021 Quarterly Report December 2021JoseLuisSanz9
Global economic situation
The world economys recovery continues although its sustainability isn tassured in a context of pandemic outbreaks and uncertainty about its future evolution, disruptions in supply chains and inflationary pressures on raw materials and energy. The differing vaccination rates and the support policies applied in each country to lessen the pandemic s impact have deepened divergences in growth, mainly between advanced economies and low income countries.
A positive performance is expected in all world regions in 2021, although growth in sub Saharan Africa and the Middle East will be lower than in the rest of the regions. Inadequate access to vaccines and regional political instability are two of the causes of this worse performance.
Provisional estimates of GDP for fy 2018 19 and final estimates of GDP for fy...Md. Mamun Hasan Biddut
According to the Bangladesh Bureau of Statistics (BBS), Bangladesh GDP grew by 5.24 per cent during 2019-20 raising the per capita income by US$155 to US$2,064. This growth rate has been achieved when the global economy is contracting, in particular the whole developed world where according to the Organization for Economic Cooperation and Development (OECD) major economies are expected to contract by 2.4 per cent in 2020. The World Bank GDP projection for 2020 predicts a fall by 2.5 per cent for developing countries and 1.8 per cent for developed countries. Even the neighboring country India recorded a contraction of the economy by 23.9 per cent during the April-June quarter of 2020.
This growth rate is also much above the economic growth forecast provided for Bangladesh by the World Bank (WB) at 1.6 percent, International Monetary Fund (IMF) at 3.8 percent and Asian Development Bank (ADB) at 4.5 percent for 2020. While these forecast figures are for the calendar year 2020, but the BBS growth figure is for the 2019-20 financial year. In fact, the Bangladesh government believes that the economy is on track to achieve 8.2 per cent growth rate in 2020-21 and also expects the economy to rebound at a higher pace than before after the pandemic is over (FE, August, 28). There is an implicit message that the economy is not only trekking back to pre-pandemic levels but also will surpass that.
The document summarizes regional economic prospects in the EBRD (European Bank for Reconstruction and Development) regions. It finds that while the regional economy contracted 2.3% in 2020, the recovery is now gathering pace. Industrial production and retail sales have largely recovered. Vaccination rates have increased and mobility has returned to pre-pandemic levels. The recovery is supported by strong exports and rising commodity prices, though tourism-dependent economies remain challenged. Growth of 4.2% is projected for 2021.
21 august,2020 daily global regional local rice digital editionRiceplus Magazine
- Rice prices in India have increased this week as exporters struggle with floods and coronavirus impacting supply and logistics. Export volumes have been reduced due to limited workers and containers at major ports in Andhra Pradesh, which has been hit by floods and rising COVID cases.
- Bangladesh has also experienced rice crop damage from floods, increasing reliance on imports. Vietnam and Thailand prices are at multi-year highs due to tight supplies.
- Despite higher acreage, bountiful monsoons and an expected record harvest in India, farmers are not optimistic as historical data shows they earn less as production increases, due to oversupply issues.
More analysis on environment protection and sustainable agriculture - A case ...AI Publications
This study presents a case of tea and coffee crops , esp. environment protection and sustainable agriculture in Son La and Thai Nguyen of Vietnam. Research results show us that The process of having an agricultural product goes through many steps such as planting, planning, harvesting, packing, transporting, storing and distributing. - The State adopts policies to encourage innovation of agricultural production models and methods towards sustainability, adapting to climate change, saving water, and limiting the use of inorganic fertilizers and pesticides. chemicals and products for environmental treatment in agriculture; develop environmentally friendly agricultural models. Our research limitation is that we can expand for other crops, industries and markets as well.
The Quarterly Regional Economic Situationer (QRES) provides a rapid assessment of the region’s performance based on key indicators, such as production, investments, prices, security situation, and critical incidents, among others, that could affect economic activities. It also presents a development outlook for the succeeding two quarters.
This document provides an overview of the juice market in India in 2022, including key developments in 2021 and prospects going forward. Some of the key points include:
- Off-trade juice sales saw volume and value growth of 10% and 18% respectively in 2021, driven by increased at-home consumption during COVID-19 waves. On-trade sales grew 15% but remained below pre-pandemic levels.
- Leading companies focused on highlighting the immunity benefits of juice through packaging claims and messaging to boost sales during the pandemic.
- While on-trade sales are expected to take several years to fully recover, 100% juice represents an area of opportunity for future growth as consumer awareness of health benefits increases
Mercer Capital's Value Focus: Agribusiness | Q3 2019 | Segment: Agriculture R...Mercer Capital
Mercer Capital's Agribusiness Industry newsletter provides perspective on valuation issues. Each newsletter also includes a sector focus, commodity pricing, comparable public company metrics, and key indices of the top agribusinesses.
This document summarizes the growth in area and production of plantation and horticulture crops in India from 2012-13 to 2016-17:
- Horticulture production in India surpassed food grain production in 2016-17, reaching 300.54 million tonnes from an area of 24.85 million hectares.
- Fruit production grew at an average rate of 2.9% annually during this period, reaching 92.92 million tonnes in 2016-17. Vegetable production grew at 3.6% annually, reaching 178.17 million tonnes.
- The highest growth in area was seen in flower crops (11.4% annually), followed by fruits (2.8%) and vegetables (2
9th march,2015 daily global rice e newsletter by riceplus magazineRiceplus Magazine
This document summarizes:
1) The National Food Authority of the Philippines approved deals to import 500,000 metric tons of rice from Vietnam and Thailand to boost stockpiles ahead of the lean harvest season.
2) Vietnam will supply 300,000 tons and Thailand will supply 200,000 tons of rice by May under the agreements.
3) Rice production in Indonesia declined 450,000 tons in 2014 compared to the previous year, presenting a challenge to the country's goal of food self-sufficiency.
7th july ,2020 daily global regional and local rice e newsletterRiceplus Magazine
Rice farming in Southeast Asia has been impacted by COVID-19 in several ways. Labor shortages caused by migration and the pandemic have made farming more difficult. The drought and pandemic have added stress and uncertainty for farmers and farm workers. Government assistance to farmers has been limited. Food insecurity has increased in urban areas as incomes have declined. Access to clean water, credit, and agricultural inputs is also a growing problem for some farmers. The pandemic has exposed vulnerabilities in food systems and security across the region.
7th july ,2020 daily global regional and local rice e newsletterRiceplus Magazine
Rice farming in Southeast Asia has been impacted by COVID-19 in several ways. Labor shortages caused by migration and the pandemic have made farming more difficult. The drought and pandemic have added stress and uncertainty for farmers and farm workers. Government assistance to farmers has been limited. Food insecurity has increased in urban areas as incomes have declined. Access to clean water, credit, and agricultural inputs is also a growing problem for some farmers. The pandemic has exposed vulnerabilities in food systems and security across the region.
The document provides background on the tea market, discussing its economics, politics, and policy responses. Key points:
- The price of tea has declined 15% since 1980 while production costs have risen, squeezing farmer and laborer incomes.
- Production has grown faster than demand, contributing to price volatility and downward pressure on prices.
- Developing tea-producing countries rely heavily on its export, but have little power in the global market.
- Policy responses aim to boost consumption, manage supply and risks, and capture more value in the supply chain.
The Consumer Price Index for Uganda increased to 3.7% for the 12 months ending in March 2022, up from 3.2% in February. This was driven by price increases in furnishings, clothing, recreation, transport, housing, restaurants, and personal care. However, information and communication and health prices decreased. Monthly inflation rose to 0.8% in March from 1% in February due to higher food and furnishings prices. Core inflation, which excludes volatile food and energy prices, increased to 3.6% annually in March. Annual goods inflation rose to 5.3% while services inflation increased to 1.4%. By region, Gulu saw the highest annual inflation of 5.5% and Kampala the lowest
Macroeconomic Developments Report. March 2021Latvijas Banka
Based on data from Latvijas Banka, Central Statistical Bureau of Latvia, Ministry of Finance, and Financial and Capital Market Commission, this publication assesses developments of the external sector and exports, financial market, domestic demand and supply, prices and costs, and balance of payments, and provides forecasts for the economic development and inflation.
- UNCTAD expects India's GDP to have contracted 6.9% in 2020 but grow 5% in 2021 due to the deeper downturn in 2020 and stronger recovery projected for 2021. However, Covid restrictions severely affected incomes and consumption.
- India's business activity picked up modestly in mid-March after a sharp fall in February, according to Nomura's business resumption index. Mobility remained largely unaffected despite rising Covid cases in some states.
- Moody's Analytics estimates India's economy will grow by 12% in 2021 following a 7.1% contraction in 2020, with domestic and external demand improving manufacturing output in recent months.
Chiến lược Digital Marketing của Vinamilk năm 2019Vu Dang Chung
This document summarizes a case study on Vinamilk's online video marketing strategy in Vietnam. It finds that social media and online video are increasingly important marketing channels as customers interact more with brands online. Vinamilk successfully uses online video marketing on platforms like YouTube to engage customers, create brand awareness and popularity, and drive sales of its FMCG products in Vietnam. The study collected secondary data on Vinamilk's video strategy and content to examine how FMCG brands can improve digital marketing efforts through online video.
Veeba is an Indian food brand that offers a wide range of 65+ low-fat sauce, dressing, and spread varieties. It was founded in 2013 and has experienced 40% annual growth. The brand targets health-conscious urban consumers aged 25-42 through social media campaigns promoting healthy and customizable Indian recipes. It partners with celebrity chefs and health influencers on Instagram, Facebook, YouTube, and podcasts. The document provides a brand, website, social media, target audience, and competitive analysis, along with past campaign details and recommendations to improve the brand's digital presence and SEO.
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Vietnam's coffee production for MY2015/16 remained unchanged at 29.3 million bags. Production for MY2016/17 is forecast to drop 7% to 27.3 million bags due to dry weather conditions from El Nino. Exports of green beans, roasted coffee, and soluble coffee are estimated to increase to 28.07 million bags in MY2015/16, driven by strong global demand. Domestic consumption is also rising due to growing coffee shop sales. Drought conditions and lower rainfall are causing concerns for the MY2016/17 crop.
Post forecasts Vietnam's coffee production in MY 2019/2020 to be 30.5 million bags, slightly higher than the previous year, due to favorable weather conditions. Post also forecasts exports of green coffee beans to remain steady at 25.5 million bags. Domestic consumption is expected to increase to 3.4 million bags on the strength of the growing coffee shop market. Ending stocks are forecasted to remain at high levels of over 2 million bags due to low prices discouraging sales in the previous year.
Global sugar production is forecast to reach a record 185 million tons in MY 2017/18, up 13 million tons from the previous year. This record production is driven by large increases in Brazil, India, the EU, and China and will support record global consumption of 174 million tons and exports of 62 million tons. China has implemented a safeguard measure limiting sugar imports, causing China to drop from the largest sugar importer to the second largest behind Indonesia.
Global and-spanish economic perspectives Q3 2021 Quarterly Report December 2021JoseLuisSanz9
Global economic situation
The world economys recovery continues although its sustainability isn tassured in a context of pandemic outbreaks and uncertainty about its future evolution, disruptions in supply chains and inflationary pressures on raw materials and energy. The differing vaccination rates and the support policies applied in each country to lessen the pandemic s impact have deepened divergences in growth, mainly between advanced economies and low income countries.
A positive performance is expected in all world regions in 2021, although growth in sub Saharan Africa and the Middle East will be lower than in the rest of the regions. Inadequate access to vaccines and regional political instability are two of the causes of this worse performance.
Provisional estimates of GDP for fy 2018 19 and final estimates of GDP for fy...Md. Mamun Hasan Biddut
According to the Bangladesh Bureau of Statistics (BBS), Bangladesh GDP grew by 5.24 per cent during 2019-20 raising the per capita income by US$155 to US$2,064. This growth rate has been achieved when the global economy is contracting, in particular the whole developed world where according to the Organization for Economic Cooperation and Development (OECD) major economies are expected to contract by 2.4 per cent in 2020. The World Bank GDP projection for 2020 predicts a fall by 2.5 per cent for developing countries and 1.8 per cent for developed countries. Even the neighboring country India recorded a contraction of the economy by 23.9 per cent during the April-June quarter of 2020.
This growth rate is also much above the economic growth forecast provided for Bangladesh by the World Bank (WB) at 1.6 percent, International Monetary Fund (IMF) at 3.8 percent and Asian Development Bank (ADB) at 4.5 percent for 2020. While these forecast figures are for the calendar year 2020, but the BBS growth figure is for the 2019-20 financial year. In fact, the Bangladesh government believes that the economy is on track to achieve 8.2 per cent growth rate in 2020-21 and also expects the economy to rebound at a higher pace than before after the pandemic is over (FE, August, 28). There is an implicit message that the economy is not only trekking back to pre-pandemic levels but also will surpass that.
The document summarizes regional economic prospects in the EBRD (European Bank for Reconstruction and Development) regions. It finds that while the regional economy contracted 2.3% in 2020, the recovery is now gathering pace. Industrial production and retail sales have largely recovered. Vaccination rates have increased and mobility has returned to pre-pandemic levels. The recovery is supported by strong exports and rising commodity prices, though tourism-dependent economies remain challenged. Growth of 4.2% is projected for 2021.
21 august,2020 daily global regional local rice digital editionRiceplus Magazine
- Rice prices in India have increased this week as exporters struggle with floods and coronavirus impacting supply and logistics. Export volumes have been reduced due to limited workers and containers at major ports in Andhra Pradesh, which has been hit by floods and rising COVID cases.
- Bangladesh has also experienced rice crop damage from floods, increasing reliance on imports. Vietnam and Thailand prices are at multi-year highs due to tight supplies.
- Despite higher acreage, bountiful monsoons and an expected record harvest in India, farmers are not optimistic as historical data shows they earn less as production increases, due to oversupply issues.
More analysis on environment protection and sustainable agriculture - A case ...AI Publications
This study presents a case of tea and coffee crops , esp. environment protection and sustainable agriculture in Son La and Thai Nguyen of Vietnam. Research results show us that The process of having an agricultural product goes through many steps such as planting, planning, harvesting, packing, transporting, storing and distributing. - The State adopts policies to encourage innovation of agricultural production models and methods towards sustainability, adapting to climate change, saving water, and limiting the use of inorganic fertilizers and pesticides. chemicals and products for environmental treatment in agriculture; develop environmentally friendly agricultural models. Our research limitation is that we can expand for other crops, industries and markets as well.
The Quarterly Regional Economic Situationer (QRES) provides a rapid assessment of the region’s performance based on key indicators, such as production, investments, prices, security situation, and critical incidents, among others, that could affect economic activities. It also presents a development outlook for the succeeding two quarters.
This document provides an overview of the juice market in India in 2022, including key developments in 2021 and prospects going forward. Some of the key points include:
- Off-trade juice sales saw volume and value growth of 10% and 18% respectively in 2021, driven by increased at-home consumption during COVID-19 waves. On-trade sales grew 15% but remained below pre-pandemic levels.
- Leading companies focused on highlighting the immunity benefits of juice through packaging claims and messaging to boost sales during the pandemic.
- While on-trade sales are expected to take several years to fully recover, 100% juice represents an area of opportunity for future growth as consumer awareness of health benefits increases
Mercer Capital's Value Focus: Agribusiness | Q3 2019 | Segment: Agriculture R...Mercer Capital
Mercer Capital's Agribusiness Industry newsletter provides perspective on valuation issues. Each newsletter also includes a sector focus, commodity pricing, comparable public company metrics, and key indices of the top agribusinesses.
This document summarizes the growth in area and production of plantation and horticulture crops in India from 2012-13 to 2016-17:
- Horticulture production in India surpassed food grain production in 2016-17, reaching 300.54 million tonnes from an area of 24.85 million hectares.
- Fruit production grew at an average rate of 2.9% annually during this period, reaching 92.92 million tonnes in 2016-17. Vegetable production grew at 3.6% annually, reaching 178.17 million tonnes.
- The highest growth in area was seen in flower crops (11.4% annually), followed by fruits (2.8%) and vegetables (2
9th march,2015 daily global rice e newsletter by riceplus magazineRiceplus Magazine
This document summarizes:
1) The National Food Authority of the Philippines approved deals to import 500,000 metric tons of rice from Vietnam and Thailand to boost stockpiles ahead of the lean harvest season.
2) Vietnam will supply 300,000 tons and Thailand will supply 200,000 tons of rice by May under the agreements.
3) Rice production in Indonesia declined 450,000 tons in 2014 compared to the previous year, presenting a challenge to the country's goal of food self-sufficiency.
7th july ,2020 daily global regional and local rice e newsletterRiceplus Magazine
Rice farming in Southeast Asia has been impacted by COVID-19 in several ways. Labor shortages caused by migration and the pandemic have made farming more difficult. The drought and pandemic have added stress and uncertainty for farmers and farm workers. Government assistance to farmers has been limited. Food insecurity has increased in urban areas as incomes have declined. Access to clean water, credit, and agricultural inputs is also a growing problem for some farmers. The pandemic has exposed vulnerabilities in food systems and security across the region.
7th july ,2020 daily global regional and local rice e newsletterRiceplus Magazine
Rice farming in Southeast Asia has been impacted by COVID-19 in several ways. Labor shortages caused by migration and the pandemic have made farming more difficult. The drought and pandemic have added stress and uncertainty for farmers and farm workers. Government assistance to farmers has been limited. Food insecurity has increased in urban areas as incomes have declined. Access to clean water, credit, and agricultural inputs is also a growing problem for some farmers. The pandemic has exposed vulnerabilities in food systems and security across the region.
The document provides background on the tea market, discussing its economics, politics, and policy responses. Key points:
- The price of tea has declined 15% since 1980 while production costs have risen, squeezing farmer and laborer incomes.
- Production has grown faster than demand, contributing to price volatility and downward pressure on prices.
- Developing tea-producing countries rely heavily on its export, but have little power in the global market.
- Policy responses aim to boost consumption, manage supply and risks, and capture more value in the supply chain.
The Consumer Price Index for Uganda increased to 3.7% for the 12 months ending in March 2022, up from 3.2% in February. This was driven by price increases in furnishings, clothing, recreation, transport, housing, restaurants, and personal care. However, information and communication and health prices decreased. Monthly inflation rose to 0.8% in March from 1% in February due to higher food and furnishings prices. Core inflation, which excludes volatile food and energy prices, increased to 3.6% annually in March. Annual goods inflation rose to 5.3% while services inflation increased to 1.4%. By region, Gulu saw the highest annual inflation of 5.5% and Kampala the lowest
Macroeconomic Developments Report. March 2021Latvijas Banka
Based on data from Latvijas Banka, Central Statistical Bureau of Latvia, Ministry of Finance, and Financial and Capital Market Commission, this publication assesses developments of the external sector and exports, financial market, domestic demand and supply, prices and costs, and balance of payments, and provides forecasts for the economic development and inflation.
- UNCTAD expects India's GDP to have contracted 6.9% in 2020 but grow 5% in 2021 due to the deeper downturn in 2020 and stronger recovery projected for 2021. However, Covid restrictions severely affected incomes and consumption.
- India's business activity picked up modestly in mid-March after a sharp fall in February, according to Nomura's business resumption index. Mobility remained largely unaffected despite rising Covid cases in some states.
- Moody's Analytics estimates India's economy will grow by 12% in 2021 following a 7.1% contraction in 2020, with domestic and external demand improving manufacturing output in recent months.
Chiến lược Digital Marketing của Vinamilk năm 2019Vu Dang Chung
This document summarizes a case study on Vinamilk's online video marketing strategy in Vietnam. It finds that social media and online video are increasingly important marketing channels as customers interact more with brands online. Vinamilk successfully uses online video marketing on platforms like YouTube to engage customers, create brand awareness and popularity, and drive sales of its FMCG products in Vietnam. The study collected secondary data on Vinamilk's video strategy and content to examine how FMCG brands can improve digital marketing efforts through online video.
Veeba is an Indian food brand that offers a wide range of 65+ low-fat sauce, dressing, and spread varieties. It was founded in 2013 and has experienced 40% annual growth. The brand targets health-conscious urban consumers aged 25-42 through social media campaigns promoting healthy and customizable Indian recipes. It partners with celebrity chefs and health influencers on Instagram, Facebook, YouTube, and podcasts. The document provides a brand, website, social media, target audience, and competitive analysis, along with past campaign details and recommendations to improve the brand's digital presence and SEO.
The document provides details about the digital marketing strategy of Réal Fruit Juice in India. It includes an analysis of Réal's strengths, weaknesses, opportunities and threats. It also analyzes Réal's digital presence, including its website and social media accounts. Competition from other fruit juice brands like Tropicana and Paperboat is discussed. The document then proposes a digital campaign called "Real Pal" along with organic and paid content ideas. It recommends influencer collaborations and improvements to Réal's website, search engine optimization and social media strategy.
Vietnamese consumers are showing signs of renewed optimism and confidence as the COVID-19 pandemic comes under control. A survey found 56% were optimistic about the short-term economic outlook and 77% about the mid-term outlook, up from 45% and 60% a year ago. While most consumers will maintain cautious spending, there are indications spending will rebalance from necessities toward discretionary categories. The survey also uncovered geographic differences in sentiment, with southern cities like Can Tho and Ho Chi Minh City more upbeat than northern cities like Hanoi. Overall the data points to a rebound in consumer confidence alongside a rebalancing of spending priorities and a renewal of the retail landscape in Vietnam.
This document provides an overview and analysis of Vietnam's FMCG market in 2021. Key points include:
- Vietnam's economy grew in 2021 despite COVID-19 challenges, however inflation and unemployment remained high.
- FMCG growth slowed compared to 2020 but prices increased significantly. Sugar saw especially strong growth driven by higher prices.
- Online shopping and minimarkets continued gaining popularity among consumers during social distancing periods.
- Looking to 2022, health concerns remain top of mind for consumers while confidence in the economy and personal finances is improving but not back to pre-pandemic levels. Rational spending and convenience-driven retail are expected trends.
This document provides a summary of Vietnam's FMCG market in Q1 2022. Key points include:
- GDP growth was stable at 0.3% while inflation was under 2%, but challenges are expected in coming months.
- Consumer demand for home FMCG remained low as volume consumption decreased, but price increases drove overall market growth.
- Modern sauces like ketchup and mayonnaise saw volume gains.
- 22% of FMCG spending in major cities occurred through emerging channels like online and mini-stores.
- Smaller "nuclear" households are becoming more common, impacting purchasing behaviors.
End-to-end pipeline agility - Berlin Buzzwords 2024Lars Albertsson
We describe how we achieve high change agility in data engineering by eliminating the fear of breaking downstream data pipelines through end-to-end pipeline testing, and by using schema metaprogramming to safely eliminate boilerplate involved in changes that affect whole pipelines.
A quick poll on agility in changing pipelines from end to end indicated a huge span in capabilities. For the question "How long time does it take for all downstream pipelines to be adapted to an upstream change," the median response was 6 months, but some respondents could do it in less than a day. When quantitative data engineering differences between the best and worst are measured, the span is often 100x-1000x, sometimes even more.
A long time ago, we suffered at Spotify from fear of changing pipelines due to not knowing what the impact might be downstream. We made plans for a technical solution to test pipelines end-to-end to mitigate that fear, but the effort failed for cultural reasons. We eventually solved this challenge, but in a different context. In this presentation we will describe how we test full pipelines effectively by manipulating workflow orchestration, which enables us to make changes in pipelines without fear of breaking downstream.
Making schema changes that affect many jobs also involves a lot of toil and boilerplate. Using schema-on-read mitigates some of it, but has drawbacks since it makes it more difficult to detect errors early. We will describe how we have rejected this tradeoff by applying schema metaprogramming, eliminating boilerplate but keeping the protection of static typing, thereby further improving agility to quickly modify data pipelines without fear.
We are pleased to share with you the latest VCOSA statistical report on the cotton and yarn industry for the month of March 2024.
Starting from January 2024, the full weekly and monthly reports will only be available for free to VCOSA members. To access the complete weekly report with figures, charts, and detailed analysis of the cotton fiber market in the past week, interested parties are kindly requested to contact VCOSA to subscribe to the newsletter.
Codeless Generative AI Pipelines
(GenAI with Milvus)
https://ml.dssconf.pl/user.html#!/lecture/DSSML24-041a/rate
Discover the potential of real-time streaming in the context of GenAI as we delve into the intricacies of Apache NiFi and its capabilities. Learn how this tool can significantly simplify the data engineering workflow for GenAI applications, allowing you to focus on the creative aspects rather than the technical complexities. I will guide you through practical examples and use cases, showing the impact of automation on prompt building. From data ingestion to transformation and delivery, witness how Apache NiFi streamlines the entire pipeline, ensuring a smooth and hassle-free experience.
Timothy Spann
https://www.youtube.com/@FLaNK-Stack
https://medium.com/@tspann
https://www.datainmotion.dev/
milvus, unstructured data, vector database, zilliz, cloud, vectors, python, deep learning, generative ai, genai, nifi, kafka, flink, streaming, iot, edge
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- - -
This is the webinar recording from the June 2024 HubSpot User Group (HUG) for B2B Technology USA.
Watch the video recording at https://youtu.be/5vjwGfPN9lw
Sign up for future HUG events at https://events.hubspot.com/b2b-technology-usa/
1. THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY
STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY
Required Report: Required - Public Distribution Date: June 08, 2022
Report Number: VM2022-0032
Report Name: Coffee Annual
Country: Vietnam
Post: Hanoi
Report Category: Coffee
Prepared By: Thanh Vo
Approved By: Jane Luxner
Report Highlights:
Post revised the Vietnam marketing year 2021/2022 (MY 2021/22) coffee production estimate up to
31.58 million bags, green bean equivalent (GBE), on higher yield. Post revised MY 2021/22 exports up
to 27 million bags thanks to increased exports in the first quarter of 2022, potentially steady demand,
and the possibility of logistics improvements. In MY 2022/23, Post forecasts total coffee production at
30.93 million bags (GBE). Although production is slightly lower than the previous year, MY 2022/23 is
also considered a good year for coffee production thanks to favorable weather conditions. Post forecasts
exports at 26.65 million bags on strong competition and an uncertain logistics situation.
2. Executive Summary:
Favorable weather conditions in the Central Highland’s coffee growing areas during the 2021 dry season
combined with timely precipitation contributed to higher yield, and therefore higher production of the
MY 2021/22 crop. Post raised Vietnam MY 2021/22 coffee production by almost 2 percent from its last
estimate. Rains came early in 2022, but timely for coffee planting, as it supported irrigation as well as
the growth of coffee trees. However, skyrocketing input prices prompted farmers to use less inorganic
fertilizers and supplement with organic fertilizers, which triggered concerns of lower yield in MY
2022/23. Post forecasts MY 2022/23 coffee production at 2 percent lower than the previous year.
Post revised MY 2021/22 exports up as shipping constraints have been easing with some shippers
successfully shipping in bulk, and demands are potentially strong for roasted blends. A recently
weakened Brazilian Real and potentially coming on-year crop which could be favorable for Brazil
exports, and unclear status of global logistics could affect Vietnam coffee exports in MY 2022/23.
Commodities:
Coffee, Green
PRODUCTION
Results of the harvest of the MY 2021/22 coffee crop, which was completed in January 2022, clearly
showed higher production compared to the previous year. Improved weather conditions during the 2021
dry season combined with timely precipitation contributed to higher yield, with bigger bean size and/or
higher number of cherries per branch reported in the major coffee growing areas in the Central
Highlands. At the end of the coffee harvest, coffee traders estimated MY 2021/22 production was from 5
to 11 percent higher than MY 2020/21. Due to favorable weather conditions, and trader estimates of the
completed harvest, Post revised its estimate for MY 2021/22 Robusta production up to 30.48 million
bags (GBE) and raised the total coffee production estimate to 31.58 million bags - an increase of almost
9 percent from MY 2020/21 (Table 1).
Table 1: Robusta Green Bean Coffee Production MY 2020/21-2022/23
MY 2020/21
Estimate
MY 2021/22
Estimate
MY 2022/23
Forecast
Marketing year begins Oct. 2020 Oct. 2021 Oct. 2022
Cultivation area (hectare) 620,000 620,000 620,000
Production (thousand bags) 28,000 30,480 29,830
Average yield (MT/HA) 2.71 2.95 2.88
Source: Post estimates
Rains have arrived earlier this year, supporting growth of the MY 2022/23 coffee crop in the Central
Highlands. According to the Vietnam Meteorological and Hydrological Administration’s forecasts, there
is a 50-60 percent chance that the La Niña phenomenon will remain until this summer, and then
transition to ENSO (El Niño–Southern Oscillation) neutral conditions. This led to wetter than normal
weather in the first four months of 2022, and therefore higher than average precipitation in many parts of
the country, including the major coffee growing areas. The USDA Global Agricultural and Disaster
Assessment System’s (GADAS) data showed that monthly accumulated rainfall from January to March
3. 2022 was higher than last year and higher than normal in Dak Lak, Dak Nong and Lam Dong Provinces.
Although it was at the same level or lower than last year, it was still higher than normal in Gia Lai and
Kon Tum Provinces (Figure 1).
Figure 1: Monthly Accumulative Precipitation in the Main Coffee Growing Provinces
Source: USDA Global Agricultural and Disaster Assessment System
Contacts, including coffee farmers, confirmed rains were early but timely for coffee planting, reducing
irrigation needs for the MY 2022/23 crop, and therefore lowering costs and supporting the growth of
coffee trees. In addition, farmers have steadily replanted coffee trees in recent years, taking advantage of
new varieties with good productivity and disease resistance capability, which helped to maintain yield.
Farmers told Post that productivity and disease resistance capability are the two major characteristics
that they consider when selecting new varieties for replanting.
Farmers in Dak Lak and Gia Lai Provinces forecast that MY 2022/23 will be another good crop (Photo 1
and 2), but do not expect to see higher yield than MY 2021/22 which had been the second highest year
in USDA’s records. Some industry contacts pointed to the rising cost of fertilizers and plant protection
products as one of the biggest challenges for the MY 2022/23 crop. Contacts reported that prices of
fertilizers increased by approximately 70 percent compared to last year, while farm-gate prices of coffee
did not rise in the past six months. Due to higher input costs, farmers tended to apply less chemical
fertilizers, and partially switched to organic fertilizers such as manure composts. Some industry contacts
said this could negatively affect the yield of the MY 2022/23 coffee crop.
4. Photo 1: A coffee farm in Gia Lai Province
Source: Post
Photo 2: Coffee cherries in Dak Lak Province
Source: Post
According to the Vietnam Meteorological and Hydrological Administration’s observations and
forecasts, temperatures in the Central Highlands in the first months of 2022 were slightly lower than
average, which was favorable for coffee flowering and cherry setting stages. Temperatures will be at the
average level in May-September, and slightly higher in October. Rainfall will be at the average level in
May-September, and slightly lower in October. These weather forecasts may be favorable for MY
2022/23 coffee harvests.
5. Contacts in the Central Highlands said the area of coffee planting has been stable over the recent years.
Instead of expanding the area of cultivation, producers are shifting their priority to sustainable, certified
production and improving bean quality to obtain higher incomes for farmers. According to contacts,
certified production, most often with a certification focused on sustainability, provides numerous
benefits, including but not limited to:
- Protecting the environment and soil through reduced and more precise use of chemical fertilizers.
- Increasing farmers’ income as certified coffee yields a higher price which usually more than
offsets lower yield.
- Coping with climate change impacts by using production methods, including sprinkler or drip
irrigation or planting shading trees, that use less water and preserve soil moisture.
- Coping with volatile commodity prices as intercropping provides farmers with an additional
source of income (Photo 3).
Photo 3: Intercropping (coffee, pepper, durian) farms in Dak Lak Province
Source: Post
According to provincial Departments of Agriculture and Rural Development, there are approximately
171 thousand hectares (THA), out of approximately 590THA, in Gia Lai, Dak Lak, Lam Dong and Dak
Nong Provinces that are certified by internationally recognized sustainability certification systems,
including 4C, UTZ, Fair Trade and Rainforest Alliance, and the area continues to expand. Industry and
government contacts noted that international roasters are acquiring more for sustainability certified
coffee beans, driving producers to gradually shift to sustainable production. However, prices volatility
and cost of inputs could sometimes affect farmers’ decision in type of inputs they use. According to
some farmers, there would likely be more farmers’ interests in certified sustainable production should
there be higher market demand.
Considering abundant rainfall during the flowering and cherry setting stages, and favorable climate
forecasts for the harvesting stage in the Central Highlands, against increased costs of inputs, Post
forecasts Vietnam MY 2022/23 total coffee production at 30.93 million bags (GBE), 2 percent lower
than MY 2021/22, including 29.83 million bags of Robusta (Table 1). Post forecasts MY 2022/23
Arabica production at 1.10 million bags, unchanged from last year, with expansion in the Northern
region offsetting contraction in Lam Dong province where farmers had switched to Robusta and other
6. crops due to low prices of Arabica. Some industry contacts forecast that MY 2022/23 coffee production
will remain on the high side, but at 2-5 percent lower than the previous year.
CONSUMPTION
Vietnam’s agricultural sector was heavily hit by COVID-19 outbreaks which led to severe supply chain
disruptions in 2021. General Statistics Office’s (GSO) figures note Vietnam’s annual GDP growth rate
in 2021 at 2.58 percent - its lowest level in ten years. Lockdowns and restrictions on both domestic and
international tourism hampered growth in the food and beverage, and the travel service sectors in 2021.
According to GSO, the accommodation and food and beverage service sectors declined 19 percent, and
the travel industry saw a 60 percent decline in revenue compared with 2020.
Beginning in October 2021, most business and production activities resumed as Vietnam slowly
reopened its economy, and international tourism just resumed in mid-March 2022. As the number of
COVID detections dropped significantly from over 100,000 cases/day in March to a few thousands in
early May 2022, dining-out business and domestic tourism were recently back to normal. Therefore,
Post revised MY 2021/22 domestic consumption forecast slightly up to 3.20 million bags.
Sources also noted increasing domestic demands for instant coffee products, as consumers value its
convenience. Post noticed that more capital was poured into the coffee processing sector in recent years,
both from local and foreign direct investments. According to contacts, the expansion of instant and
ground coffee production serves both domestic and export markets. The COVID pandemic drove
consumers’ shopping behaviors towards e-commerce, with more people getting food and beverage
products online. Some local coffee processors noted that their retail sale in 2021 and the beginning
months of 2022 increased by 40-50 percent, with significant contribution from the online sales, as
consumers reduced out-of-home coffee drinking during the peak of COVID community transmission.
As the number of daily COVID detections started to decline in April 2022, Post noticed strong revival of
domestic tourism and dining-out, which signals increasing demands for out-of-home coffee drinking as
well. Industry contacts noted that the domestic coffee market still shows positive growth with the
expansion of both local and international coffee chains, and there are more demands for specialty and
fine coffee. In addition to imported specialty coffee, many local producers are prioritizing quality over
quantity to supply fine coffee products to the domestic market. Therefore, Post forecasts that Vietnam
coffee consumption in MY 2022/23 will increase to 3.30 million bags.
TRADE
Exports
Local media reported that the Vietnam Coffee and Cocoa Association (VICOFA) aims to double the
value of Vietnam coffee exports to $6 billion by 2030 by increasing the share of processed coffee
exports from 10 percent to 25 percent. As Vietnam entered into numerous free trade agreements (FTA),
the local coffee industry expects to take advantage of tariffs phasing-out under these FTAs to boost
exports. As mentioned in the Consumption section, local and foreign companies have ramped up
investment into coffee processing factories, especially instant coffee processing, to serve not only
domestic but also export markets.
7. Vietnam coffee exports in the first six months of MY 2021/22 increased by 11 percent to 14.17 million
bags, according to Vietnam Customs’ data (Figure 2). Note: Vietnam Customs’ data include stocks in
bonded warehouses which will be shipped out at a later time. As a result, the Vietnam Customs’
numbers are usually higher than physical export volumes in a report cycle.
Some industry contacts noted that Vietnam coffee exports were strong in the first six months of MY
2021/22, especially in March 2022 when exports jumped over 40 percent higher than the same period
last year, as logistics constraints were gradually improved. High container freights and prolonged
container shortages had hampered exports and led to stock build-up in the past year (VM2021-0096). In
order to cope with container shipping constraints, international coffee traders recently started to ship
green beans out of Vietnam destined for European markets in bulk vessels. The amount of bulk
shipment could reach 5,000-12,000 tons each sailing. Coffee traders reported that average shipping costs
in March 2022 were still nearly double the costs of the same period last year, although they slightly
reduced from the past year’s peak. Spot container freights to Europe are currently declining, supporting
exports, while those to the United States are still at high levels.
Last but not least, high prices of Arabica resulted in Robusta being added more generously into roasted
blends, driving up demands for Vietnam Robusta. Therefore, Post revised its forecast of Vietnam MY
2021/22 exports up to 27 million bags. While the Vietnamese Dong has been stable, the Brazilian Real
recently weakened. As Brazil will start their harvest of an on-year crop soon, these currency dynamics
could prompt Brazil to sell more in the coming months, competing with Vietnam Robusta in MY
2022/23. In addition, coffee traders noted that the upcoming Indonesia coffee crop is developing well
and offers for delivery in 2022 are currently competitive. Post forecasts MY 2022/23 total coffee exports
at 26.65 million bags, lower than the previous year.
Figure 2: Coffee Exports to Major Destinations October - March
Source: Vietnam Customs
0
0.5
1
1.5
2
2.5
8
9
10
11
12
13
14
15
16
MY16/17 MY17/18 MY18/19 MY19/20 MY20/21 MY21/22
Exports
by
Country
(Million
bags
of
60kg)
Total
(Million
bags
of
60kg)
Germany USA Italy Japan Spain
Russia Belgium Algeria Total
8. Green Bean Exports
Vietnam green bean exports increased approximately 14 percent to 12.13 million bags in the first half of
MY 2021/22 (Figure 3). As mentioned above, improved logistics with initial bulk shipments, high
stocks and increased demands for Robusta in roasted blends supported exports of Vietnam green bean in
the first quarter of 2022. Therefore, Post revised its forecast of Vietnam MY 2021/22 green bean exports
up to 24 million bags. Post forecasts MY 2022/23 green bean exports at 23.50 million bags, slightly
lower than MY 2021/22 but higher than MY 2020/2021 on steady global demands and competition.
Figure 3: Monthly Volume of Green Bean Coffee Exports
Source: Vietnam Customs, Coffee Traders
Soluble and Roasted Exports
Post revised forecasts of MY 2021/22 soluble and roasted coffee exports up to 3 million bags, and
forecasts MY 2022/23 soluble and roasted coffee exports at 3.15 million bags, higher than the previous
year, on expansion in processed coffee production as noted above.
Imports
In MY 2022/23, the revival of coffee chains, and emerging demands for specialty coffee will continue to
support imports of high-quality Arabica beans from Columbia, Kenya, Indonesia, Ethiopia etc., and
processed products from Europe and other countries. Based on Trade Data Monitor, LLC’s statistics,
world exports of coffee beans to Vietnam in the beginning months of MY 2021/22 reduced sharply. The
downtrend could be the impact of last year’s down economy which led to temporarily lower demands
for premium products. Post revised its forecast of Vietnam MY 2021/22 coffee imports down to 550
thousand bags and forecasts MY 2022/23 coffee imports at 580 thousand bags.
0.50
1.00
1.50
2.00
2.50
3.00
3.50
Million
bags
(60kg)
MY 2018/19 MY 2019/20 MY 2020/21 MY 2021/22
9. PRICES
Export prices in the first half of MY 2021/22 rallied in line with futures prices and were much higher
than the previous year (Figure 4). Local prices were also higher in the first half of MY 2021/22, which
encouraged farmers to put increased husbandry efforts into the new crop (Figure 5). According to
farmers, production costs increased significantly in MY 2021/22 due to rising prices of inputs, with
fertilizer prices having risen by 70-80 percent in prices compared with the same period last year.
Figure 4: Export Prices for Green Bean Robusta Coffee, MY 2016/17 to MY 2021/22
Source: Coffee traders
Figure 6: Local Prices of Green Bean Robusta Coffee, MY 2016/17 to MY 2021/22
Source: Coffee traders
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400
Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept.
US$/MT
MY 2016/17 MY 2017/18 MY 2018/19 MY 2019/20
MY 2020/21 MY 2021/22 Average
28,000
30,000
32,000
34,000
36,000
38,000
40,000
42,000
44,000
46,000
48,000
Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept.
VND/kg
MY 2016/17 MY 2017/18 MY 2018/19 MY 2019/20
MY 2020/21 MY 2021/22 Average
10. STOCKS
Post revised MY 2021/22 stocks down to 5.59 million bags on higher exports which is more than
offsetting higher production in MY 2021/22. According to industry contacts, Vietnam coffee visible
stocks by March 2022 were historically high at 10.5-11.8 million bags, including 3-4 million bags sitting
in bonded warehouses. Lower stocks in Europe and higher stocks in Vietnam show that demand and
supply are strong. Provided that logistics bottle necks continue to improve, Vietnam will be able to keep
the current exporting and destocking pace in MY 2021/22. Post forecasts MY 2022/23 stocks at 7.15
million bags due to high carry-over and competition amongst the key exporting countries.
11. Table 2
Production, Supply and Distribution
Coffee, Green 2020/2021 2021/2022 2022/2023
Market Begin Year Oct 2020 Oct 2021 Oct 2022
USDA
Official
New
Post
USDA
Official
New
Post
USDA
Official
New
Post
Beginning Stocks 2130 2130 3280 3660 0 5590
Arabica Production 950 950 1100 1100 0 1100
Robusta Production 28050 28050 30000 30480 0 29830
Other Production 0 0 0 0 0 0
Total Production 29000 29000 31100 31580 0 30930
Bean Imports 250 250 300 250 0 280
Roast & Ground Imports 200 200 200 200 0 200
Soluble Imports 100 100 100 100 0 100
Total Imports 550 550 600 550 0 580
Total Supply 31680 31680 34980 35790 0 37100
Bean Exports 22450 22040 26000 24000 0 23500
Rst-Grnd Exp. 550 550 550 600 0 650
Soluble Exports 2300 2330 2350 2400 0 2500
Total Exports 25300 24920 28900 27000 0 26650
Rst,Ground Dom. Consum 2600 2600 2620 2660 0 2710
Soluble Dom. Cons. 500 500 520 540 0 590
Domestic Consumption 3100 3100 3140 3200 0 3300
Ending Stocks 3280 3660 2940 5590 0 7150
Total Distribution 31680 31680 34980 35790 0 37100
Exportable Production 25900 25900 27960 28380 0 27630
(1000 60 KG Bags)