- 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.
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.
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.
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.
- 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.
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.
Coffee Market Report of ICO - January 2018Luiz Valeriano
The coffee market recovered slightly in January 2018 after prices reached their lowest level in 22 months in December 2017. The monthly average price of coffee increased by 1.4% in January, with prices rising for all coffee types. While global coffee shipments increased by 0.7% in December 2017 compared to the previous year, shipments in the first quarter were down 6.7% year-over-year. Global coffee production is estimated to increase slightly by 0.8% for the 2017/18 crop year.
- The price of Arabica coffee fell in April 2018, while the price of Robusta coffee rose slightly. Exports of Arabica, especially Colombian milds, decreased from March-April 2018 and in the first six months of the crop year.
- Analysis of export data found that average export prices tracked ICO indicator prices closely for Brazil, Colombia, and Vietnam coffees, but Honduran coffee exported at a lower average price. However, large variations existed between minimum and maximum export prices within countries.
- Factors like world market fluctuations, forward selling, quality differences, and freight costs contributed to price variations for green Arabica exports.
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.
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.
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.
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.
- 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.
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.
Coffee Market Report of ICO - January 2018Luiz Valeriano
The coffee market recovered slightly in January 2018 after prices reached their lowest level in 22 months in December 2017. The monthly average price of coffee increased by 1.4% in January, with prices rising for all coffee types. While global coffee shipments increased by 0.7% in December 2017 compared to the previous year, shipments in the first quarter were down 6.7% year-over-year. Global coffee production is estimated to increase slightly by 0.8% for the 2017/18 crop year.
- The price of Arabica coffee fell in April 2018, while the price of Robusta coffee rose slightly. Exports of Arabica, especially Colombian milds, decreased from March-April 2018 and in the first six months of the crop year.
- Analysis of export data found that average export prices tracked ICO indicator prices closely for Brazil, Colombia, and Vietnam coffees, but Honduran coffee exported at a lower average price. However, large variations existed between minimum and maximum export prices within countries.
- Factors like world market fluctuations, forward selling, quality differences, and freight costs contributed to price variations for green Arabica exports.
- 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.
Vietnam’s coffee industry is expected to grow strongly in the coming years as the population continues to expand at a rate of about one million people a year and the country and the tastes of its people become more sophisticated. Increased activity at both consumer and trade levels from local and international players is another factor that is expected to fuel the industry’s growth.
In this Research Note from Ipsos Business Consulting, we explore the Vietnamese coffee drinking habits, Vietnam’s coffee value chain and how the country is gearing up for sustainable growth.
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.
Uganda has developed a Coffee Roadmap to increase production from the current 3-4 million bags annually to 20 million bags by 2030. Smallholder farmers currently produce 85% of Uganda's coffee but have low average yields of 0.6 tons per hectare. The Coffee Roadmap aims to increase yields through improved varieties, extension services, and organizing farmers into cooperatives. Research is also developing new varieties and working to scale up the production of coffee seedlings. If successful, the Coffee Roadmap would transform Uganda's economy by greatly expanding the key coffee sector.
Doing Business in Brazil - THE BIGGEST SPECIALTY COFFEE EXPORTERS ARE HEREMELLO COMMODITY LTDA
BUSINESS OPPORTUNITY IN THE FOOD INDUSTRY - Brazil is the largest coffee exporter in the world!
Here you will find the largest exporters of Robusta coffee, Café Conilon, Arabica coffee, specialty coffees and lots of information about the coffee market in Brazil.
Im gonna teach you how to make money on internet.
Internert marketijng is future.
Start your business right now.
Thanks for attention.
Market report all over the world.
Market analysis.
This document discusses the current state of the global coffee market. It notes that coffee prices have risen significantly over the past year due to several factors constraining supply, including poor harvests in parts of Central America, Asia, and Africa due to climate effects. Stocks are at dangerously low levels as well. The document performs a SWOT analysis of Fairtrade coffee and notes both strengths in promoting sustainability but also threats such as producers struggling to fulfill contracts due to low harvests. It concludes that market tightness may continue in the coming year depending on the Brazilian crop cycle and global consumption trends outpacing production.
Price dependence in the coffee markets of Brazil,Ecuador and India: A copula ...Dimitrios Makansi
This study investigates the price dependence between coffee varieties, namely Arabica and Robusta, in Brazil, Ecuador and India at the farm gate level. For this reason, it utilizes monthly farm data on coffee between the two varieties and the copula methodology. The empirical results suggest that positive or negative shocks in the prices of the two coffee species in Brazil will not be transmitted, even though overall dependence is quite considerable. The picture is different in Ecuador and India where the overall dependence is relatively low but there is some degree of symmetric and asymmetric tail price dependence respectively.
This 3 sentence summary provides an overview of the key points from the socioeconomic report on the SOCCSKSARGEN region for CY 2018:
The report assessed the region's economic performance in 2018, finding improvements in production for several crops and livestock as well as employment, but declines in some crops, investments, and inflation. While crime decreased and tourism increased, critical incidents like a tax reform law and typhoon damage to irrigation systems impacted the economy. In general, the region saw mixed results with growth in some areas and declines in others compared to 2017.
24th november,2020 daily global regional local rice e newsletterRiceplus Magazine
This document is a daily newsletter on global, regional and local rice industry news. It includes headlines and summaries of over 20 rice-related news articles from around the world. Some of the headlines include declines in Pakistan's rice exports, a recipe for Pakistani Sindhi biryani, no more rice import permits being approved in the Philippines until year-end, Bangladesh issuing another tender to buy 50,000 tonnes of rice, and the potential for social media influencers to promote more sustainable pesticide use among farmers. The newsletter is published by RicePlus, which aims to provide the latest rice industry updates and analysis to its readers.
14th september 2020 daily global regional,local rice e newsletterRiceplus Magazine
This document discusses efforts in the United Arab Emirates (UAE) to develop sustainable agriculture and increase domestic food production. Researchers at Khalifa University have created an "artificial soil" made of desert sand that can retain water and support crop growth. They hope it will enable farming in the UAE's harsh climate. The UAE also aims to grow rice domestically through a joint project with Korea using drip irrigation. Sharjah is emerging as a center for innovative farming technologies like hydroponics and aquaponics. Officials believe the UAE can produce 30% of its own food needs in the coming years to boost food security.
Mintec Market Price Movements report outlines important changes affecting key food ingredients and associated raw materials across global commodity markets and impacting procurement supply chains.
FUNDAMENTALS have tipped further in favour of the grain and feed consumer since our April review as an ever loosening new crop supply outlook promises an extended period of cost restraint. Until recently, the popular view among analysts had been for an inevitable decline in crop yields from last year’s above normal levels and, in several key supplier countries, some cutback in sowings in response to this season’s grain surpluses and low prices. But it was also assumed the massive stocks carried over from the current season of plenty would cushion the forward market against the crop decline – so no reason for any drastic price increases.
The document provides information about the demand and supply of coffee. It discusses factors that affect coffee demand and supply in India and overseas. On the demand side, it outlines factors like income levels, lifestyle, health concerns, and competing drinks that influence coffee consumption. On the supply side, it discusses coffee production in India and key producing countries overseas as well as factors impacting global supply like weather conditions in Brazil. The document concludes by noting that lower production in Brazil and Indonesia may lead to a global coffee supply deficit and higher prices in the coming year.
14th september 2020 daily global regional,local rice e newsletterRiceplus Magazine
This document is the September 14, 2020 edition of the Daily Global, Regional & Local Rice E-Newsletter. It includes headlines and articles on various rice-related topics from around the world, such as the new paddy season in Pakistan, rice farming and exports in various countries, developments in rice production technology, and impacts of weather on rice crops. It also provides information on the editorial board and contact details for the newsletter.
report on Trade patterns, competitiveness and market AND Demand-Supply Scenario and Pricing Policy of sugar cane
in this report we discuss about the production of sugarcane in detail
in world what is the position of india in sugar cane prodution and its various asspects
we discuss about the demand and supply of sugarcane
The document discusses the coffee sector in India. It notes that India is the 6th largest producer of coffee in the world. The main coffee growing states are Karnataka, Tamil Nadu, and Orissa, which contribute about 80% of total production. It also discusses India's exports and imports of coffee, identifying key markets. It analyzes opportunities for India to expand exports and diversify products to higher value markets. Government policies to promote the coffee sector are also summarized.
CROP farmers anxiously watching prices fall to ever less remunerative levels have had further unwelcome news over the past couple of months from yet higher cereal and oilseed crop estimates across the Northern Hemisphere.
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.
More Related Content
Similar to Vietnam Coffee Annual Report 2017 - 2018
- 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.
Vietnam’s coffee industry is expected to grow strongly in the coming years as the population continues to expand at a rate of about one million people a year and the country and the tastes of its people become more sophisticated. Increased activity at both consumer and trade levels from local and international players is another factor that is expected to fuel the industry’s growth.
In this Research Note from Ipsos Business Consulting, we explore the Vietnamese coffee drinking habits, Vietnam’s coffee value chain and how the country is gearing up for sustainable growth.
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.
Uganda has developed a Coffee Roadmap to increase production from the current 3-4 million bags annually to 20 million bags by 2030. Smallholder farmers currently produce 85% of Uganda's coffee but have low average yields of 0.6 tons per hectare. The Coffee Roadmap aims to increase yields through improved varieties, extension services, and organizing farmers into cooperatives. Research is also developing new varieties and working to scale up the production of coffee seedlings. If successful, the Coffee Roadmap would transform Uganda's economy by greatly expanding the key coffee sector.
Doing Business in Brazil - THE BIGGEST SPECIALTY COFFEE EXPORTERS ARE HEREMELLO COMMODITY LTDA
BUSINESS OPPORTUNITY IN THE FOOD INDUSTRY - Brazil is the largest coffee exporter in the world!
Here you will find the largest exporters of Robusta coffee, Café Conilon, Arabica coffee, specialty coffees and lots of information about the coffee market in Brazil.
Im gonna teach you how to make money on internet.
Internert marketijng is future.
Start your business right now.
Thanks for attention.
Market report all over the world.
Market analysis.
This document discusses the current state of the global coffee market. It notes that coffee prices have risen significantly over the past year due to several factors constraining supply, including poor harvests in parts of Central America, Asia, and Africa due to climate effects. Stocks are at dangerously low levels as well. The document performs a SWOT analysis of Fairtrade coffee and notes both strengths in promoting sustainability but also threats such as producers struggling to fulfill contracts due to low harvests. It concludes that market tightness may continue in the coming year depending on the Brazilian crop cycle and global consumption trends outpacing production.
Price dependence in the coffee markets of Brazil,Ecuador and India: A copula ...Dimitrios Makansi
This study investigates the price dependence between coffee varieties, namely Arabica and Robusta, in Brazil, Ecuador and India at the farm gate level. For this reason, it utilizes monthly farm data on coffee between the two varieties and the copula methodology. The empirical results suggest that positive or negative shocks in the prices of the two coffee species in Brazil will not be transmitted, even though overall dependence is quite considerable. The picture is different in Ecuador and India where the overall dependence is relatively low but there is some degree of symmetric and asymmetric tail price dependence respectively.
This 3 sentence summary provides an overview of the key points from the socioeconomic report on the SOCCSKSARGEN region for CY 2018:
The report assessed the region's economic performance in 2018, finding improvements in production for several crops and livestock as well as employment, but declines in some crops, investments, and inflation. While crime decreased and tourism increased, critical incidents like a tax reform law and typhoon damage to irrigation systems impacted the economy. In general, the region saw mixed results with growth in some areas and declines in others compared to 2017.
24th november,2020 daily global regional local rice e newsletterRiceplus Magazine
This document is a daily newsletter on global, regional and local rice industry news. It includes headlines and summaries of over 20 rice-related news articles from around the world. Some of the headlines include declines in Pakistan's rice exports, a recipe for Pakistani Sindhi biryani, no more rice import permits being approved in the Philippines until year-end, Bangladesh issuing another tender to buy 50,000 tonnes of rice, and the potential for social media influencers to promote more sustainable pesticide use among farmers. The newsletter is published by RicePlus, which aims to provide the latest rice industry updates and analysis to its readers.
14th september 2020 daily global regional,local rice e newsletterRiceplus Magazine
This document discusses efforts in the United Arab Emirates (UAE) to develop sustainable agriculture and increase domestic food production. Researchers at Khalifa University have created an "artificial soil" made of desert sand that can retain water and support crop growth. They hope it will enable farming in the UAE's harsh climate. The UAE also aims to grow rice domestically through a joint project with Korea using drip irrigation. Sharjah is emerging as a center for innovative farming technologies like hydroponics and aquaponics. Officials believe the UAE can produce 30% of its own food needs in the coming years to boost food security.
Mintec Market Price Movements report outlines important changes affecting key food ingredients and associated raw materials across global commodity markets and impacting procurement supply chains.
FUNDAMENTALS have tipped further in favour of the grain and feed consumer since our April review as an ever loosening new crop supply outlook promises an extended period of cost restraint. Until recently, the popular view among analysts had been for an inevitable decline in crop yields from last year’s above normal levels and, in several key supplier countries, some cutback in sowings in response to this season’s grain surpluses and low prices. But it was also assumed the massive stocks carried over from the current season of plenty would cushion the forward market against the crop decline – so no reason for any drastic price increases.
The document provides information about the demand and supply of coffee. It discusses factors that affect coffee demand and supply in India and overseas. On the demand side, it outlines factors like income levels, lifestyle, health concerns, and competing drinks that influence coffee consumption. On the supply side, it discusses coffee production in India and key producing countries overseas as well as factors impacting global supply like weather conditions in Brazil. The document concludes by noting that lower production in Brazil and Indonesia may lead to a global coffee supply deficit and higher prices in the coming year.
14th september 2020 daily global regional,local rice e newsletterRiceplus Magazine
This document is the September 14, 2020 edition of the Daily Global, Regional & Local Rice E-Newsletter. It includes headlines and articles on various rice-related topics from around the world, such as the new paddy season in Pakistan, rice farming and exports in various countries, developments in rice production technology, and impacts of weather on rice crops. It also provides information on the editorial board and contact details for the newsletter.
report on Trade patterns, competitiveness and market AND Demand-Supply Scenario and Pricing Policy of sugar cane
in this report we discuss about the production of sugarcane in detail
in world what is the position of india in sugar cane prodution and its various asspects
we discuss about the demand and supply of sugarcane
The document discusses the coffee sector in India. It notes that India is the 6th largest producer of coffee in the world. The main coffee growing states are Karnataka, Tamil Nadu, and Orissa, which contribute about 80% of total production. It also discusses India's exports and imports of coffee, identifying key markets. It analyzes opportunities for India to expand exports and diversify products to higher value markets. Government policies to promote the coffee sector are also summarized.
CROP farmers anxiously watching prices fall to ever less remunerative levels have had further unwelcome news over the past couple of months from yet higher cereal and oilseed crop estimates across the Northern Hemisphere.
Similar to Vietnam Coffee Annual Report 2017 - 2018 (20)
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.
Orchestrating the Future: Navigating Today's Data Workflow Challenges with Ai...Kaxil Naik
Navigating today's data landscape isn't just about managing workflows; it's about strategically propelling your business forward. Apache Airflow has stood out as the benchmark in this arena, driving data orchestration forward since its early days. As we dive into the complexities of our current data-rich environment, where the sheer volume of information and its timely, accurate processing are crucial for AI and ML applications, the role of Airflow has never been more critical.
In my journey as the Senior Engineering Director and a pivotal member of Apache Airflow's Project Management Committee (PMC), I've witnessed Airflow transform data handling, making agility and insight the norm in an ever-evolving digital space. At Astronomer, our collaboration with leading AI & ML teams worldwide has not only tested but also proven Airflow's mettle in delivering data reliably and efficiently—data that now powers not just insights but core business functions.
This session is a deep dive into the essence of Airflow's success. We'll trace its evolution from a budding project to the backbone of data orchestration it is today, constantly adapting to meet the next wave of data challenges, including those brought on by Generative AI. It's this forward-thinking adaptability that keeps Airflow at the forefront of innovation, ready for whatever comes next.
The ever-growing demands of AI and ML applications have ushered in an era where sophisticated data management isn't a luxury—it's a necessity. Airflow's innate flexibility and scalability are what makes it indispensable in managing the intricate workflows of today, especially those involving Large Language Models (LLMs).
This talk isn't just a rundown of Airflow's features; it's about harnessing these capabilities to turn your data workflows into a strategic asset. Together, we'll explore how Airflow remains at the cutting edge of data orchestration, ensuring your organization is not just keeping pace but setting the pace in a data-driven future.
Session in https://budapestdata.hu/2024/04/kaxil-naik-astronomer-io/ | https://dataml24.sessionize.com/session/667627
Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You...Aggregage
This webinar will explore cutting-edge, less familiar but powerful experimentation methodologies which address well-known limitations of standard A/B Testing. Designed for data and product leaders, this session aims to inspire the embrace of innovative approaches and provide insights into the frontiers of experimentation!
Introduction to Jio Cinema**:
- Brief overview of Jio Cinema as a streaming platform.
- Its significance in the Indian market.
- Introduction to retention and engagement strategies in the streaming industry.
2. **Understanding Retention and Engagement**:
- Define retention and engagement in the context of streaming platforms.
- Importance of retaining users in a competitive market.
- Key metrics used to measure retention and engagement.
3. **Jio Cinema's Content Strategy**:
- Analysis of the content library offered by Jio Cinema.
- Focus on exclusive content, originals, and partnerships.
- Catering to diverse audience preferences (regional, genre-specific, etc.).
- User-generated content and interactive features.
4. **Personalization and Recommendation Algorithms**:
- How Jio Cinema leverages user data for personalized recommendations.
- Algorithmic strategies for suggesting content based on user preferences, viewing history, and behavior.
- Dynamic content curation to keep users engaged.
5. **User Experience and Interface Design**:
- Evaluation of Jio Cinema's user interface (UI) and user experience (UX).
- Accessibility features and device compatibility.
- Seamless navigation and search functionality.
- Integration with other Jio services.
6. **Community Building and Social Features**:
- Strategies for fostering a sense of community among users.
- User reviews, ratings, and comments.
- Social sharing and engagement features.
- Interactive events and campaigns.
7. **Retention through Loyalty Programs and Incentives**:
- Overview of loyalty programs and rewards offered by Jio Cinema.
- Subscription plans and benefits.
- Promotional offers, discounts, and partnerships.
- Gamification elements to encourage continued usage.
8. **Customer Support and Feedback Mechanisms**:
- Analysis of Jio Cinema's customer support infrastructure.
- Channels for user feedback and suggestions.
- Handling of user complaints and queries.
- Continuous improvement based on user feedback.
9. **Multichannel Engagement Strategies**:
- Utilization of multiple channels for user engagement (email, push notifications, SMS, etc.).
- Targeted marketing campaigns and promotions.
- Cross-promotion with other Jio services and partnerships.
- Integration with social media platforms.
10. **Data Analytics and Iterative Improvement**:
- Role of data analytics in understanding user behavior and preferences.
- A/B testing and experimentation to optimize engagement strategies.
- Iterative improvement based on data-driven insights.
4th Modern Marketing Reckoner by MMA Global India & Group M: 60+ experts on W...Social Samosa
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Open Source Contributions to Postgres: The Basics POSETTE 2024ElizabethGarrettChri
Postgres is the most advanced open-source database in the world and it's supported by a community, not a single company. So how does this work? How does code actually get into Postgres? I recently had a patch submitted and committed and I want to share what I learned in that process. I’ll give you an overview of Postgres versions and how the underlying project codebase functions. I’ll also show you the process for submitting a patch and getting that tested and committed.
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 - public distribution
Date:6/4/2018
GAIN Report Number:VM8030
Vietnam
Coffee Annual
May 2018
Approved By:
Megan M. Francic
Prepared By:
Quan Tran
Report Highlights:
FAS/Vietnam estimates Vietnam’s marketing year (MY) 2017/18 coffee production at 29.3 million
bags, about 600,000 bags lower than the USDA estimate of 29.9 million bags, due to harvest losses
caused by late rains. The forecast for MY 2018/19 production is about 29.9 million bags, a 2 percent
increase compared to MY 2017/18, due to favorable weather during the flowering stage. Accordingly,
FAS/Vietnam estimates bean export in MY 2017/18 to remain flat at about 25 million bags. The
forecast for MY 2018/19 bean exports is slightly up to 25.2 million bags, due to expected improved
production.
2. Commodities:
Coffee, Green
Author Defined:
Executive Summary:
MY 2018/19 production is up, as favorable weather during the first four months of calendar year (CY)
2018 prompted good flowering and cherry setting. In addition, though prices were low at the beginning
of MY 2017/18, sales were swift, increasing farmer incomes and allowing the purchase of vital inputs,
such as fertilizer, to provide adequate nutrition for producing branches and coffee cherries.
During the past three to four years, many farmers have been switching from coffee to growing other
cash crops, such as black pepper, avocado, and passion fruit, in order to generate higher income.
However, as noted in the 2017 Coffee Semi-annual, the situation is now changing because black pepper
prices have been dropping continuously since CY 2017 and are currently sitting at only 50 percent of
their former high. Some farmers are moving back into coffee, but others, especially those who have
found that their land is not well suited for planting coffee, are looking to horticultural crops, such as
avocado, passion fruit, and durian. Nevertheless, many farmers still rely on coffee because it can be
stored and sold later at higher prices when supply is limited.
Vietnam coffee bean export volume in recent years has become more stable, generally falling between
24-25 million bags, thanks to better land management, high replanting rates, the availability of inputs,
aforementioned storage ability, and significant private sector involvement.
3. Production:
Robusta Production
MY 2017/18 crop
Longer than normal rainfall in October and November 2017 made the initial harvest (the first 10 percent
of the total harvest) of Vietnam’s MY 2017/18 Robusta coffee crop of inferior quality, as early ripening
caused smaller beans and created some damage. It also slowed the picking and drying processes,
causing further physical damage to the beans. The outstanding harvest, from December 2017 onward,
was reported as being of good quality.
Therefore, Post revised MY 2017/18 production down from about 28.6 million bags to 28 million bags,
about a 2 percent drop compared to the USDA estimate.
Figure 1: Robusta Coffee Area and Production by Province
Source: Traders’ data
MY2018/19 crop
As of April 2018, mild cooler weather and some off-season rains have helped coffee trees with
flowering and cherry setting. Last year’s bumper crop also compensated for low selling prices, allowing
farmers to buy adequate inputs for this year’s crop. Both of these factors will increase yields, and
coupled with an expected increase in production area, FAS/Vietnam forecasts Robusta coffee
production for MY 2018/19 to increase slightly to 28.5 million bags, an almost 2 percent increase over
MY 2017/18.
4. Table 1: Robusta Coffee Production by Marketing Year (Oct.-Sept.) (green bean)
MY 2016/17
Begins Oct. 2016
MY 2017/18
Estimate
Begins Oct. 2017
MY 2018/19
Forecast
Begins Oct. 2018
Post Old Post New Post Old New
Total area (hectare) 592,000 605,000 605,000 607,000
Production (thousand bags) 25,600 28,600 28,000 28,500
Average yield (tons/ha) 2.59 2.84 2.78 2.81
Source: Post estimate
Arabica Production
Arabica production accounts for about 4 percent of Vietnam’s total coffee production, and about 6
percent of the total coffee area. Arabica trees produce good cherries at high elevation regions that are at
least 1,000 meters above sea level. Most of Vietnam’s coffee farms are found below this level;
therefore, very few provinces can grow Arabica coffee.
Lam Dong, the second largest coffee producing province, has the largest Arabica production area in
Vietnam. In MY 2017/18, however, the production area shrunk from about 18,000 hectares (ha) to
16,000 ha, as farmers have been removing trees that are located below the appropriate elevation or are
in areas that experience chronic water shortages. Dien Bien – Son La, a province in the Northern
highlands, on the other hand, has increased its production area from 16,000 ha to about 18,000 ha.
Both provinces have strong plans to increase production areas in the coming years. Therefore,
FAS/Vietnam forecasts that, in MY 2018/19, Arabica production will continue to increase as planted
area increases.
Figure 2: Arabica Coffee Area and Production by Province
Source: Trader’s Data
Planted Area:
5. In the past 3 to 4 years, Vietnam went through a transformation to become the world’s leading producer
and exporter of black pepper. For a discussion of recent dynamics between black pepper and coffee,
please see the 2017 Coffee Annual, “Change in Coffee Area” section.
Black pepper production is currently falling, and some farmers are planting horticultural crops, such as
avocado, passion fruit, and durian, instead of coffee. Nevertheless, many farmers still rely on coffee
because it can be stored while farmers wait for better prices.
Industry sources also indicate that the price for nursery plants has risen about 30 to 40 percent in the
past year, due to higher demand. As a result, nurseries are producing more trees.
Consumption:
In MY 2017/18, FAS/Vietnam estimates domestic consumption of roasted and ground coffee at 2.5
million bags, up from 2.4 million bags in MY 2016/17. The forecast for MY 2018/19 is about 2.6
million bags, due to the continuing proliferation of both international franchises and local Vietnamese
coffee shops and cafes.
FAS/Vietnam continues to see slow growth in the domestic coffee market due to extremely strong
competition. Many coffee shops and cafes are selling the same products, with little differentiation.
Vietnamese coffee drinkers prefer roasted and ground coffee over soluble coffee. Instant coffee is
consumed at very low levels, but is growing in popularity with western expatriates living in the large
cities.
Overall, the total local consumption of coffee accounts for about 10 percent of total Vietnamese coffee
production.
Trade:
Exports
In MY 2017/18, FAS/Vietnam estimates Vietnam’s total coffee exports, including green beans, roasted
and ground, and instant coffee, at about 27.65 million bags, down from 28.15 million bags in the
previous MY, mainly due to the smaller harvest.
For the first half (October-March) of MY 2017/18, total exports were about 14.72 million bags,
compared to 13.90 million bags in the first half of MY 2016/17. However, in the first quarter of MY
2017/18, the export volume was lower than in the same period in MY 2016/17, but the volume in the
second quarter was higher. FAS/Vietnam estimates that the export volume for the second half of MY
2017/18 will fall quickly below MY 2016/17 levels.
For MY 2018/19, total exports are forecast at about 27.9 million bags, due to the predicted slightly
larger harvest.
Green Bean Exports
6. FAS/Vietnam estimates that Vietnam will export about 25 million bags of green coffee beans in MY
2017/18, about 500,000 bags less than the USDA estimate, due to the estimated smaller harvest of
Robusta green beans.
Figure 3: Coffee Export to Major Destination in the First Half of the Marketing Year
Source: Vietnam Customs
Germany, the United States, and Italy remain the top three buyers of Vietnam green bean coffee, though
exports to these major destinations are trending slightly downward in the first half of MY 2017/18.
Therefore, Vietnam has had to find other markets outside this core group, expanding its list of
destination countries. However, FAS/Vietnam expects export volumes to these destinations to rise in
the second half of the MY 2017/18.
For the past three years, the total bean export volume in the first half of the year has been increasing. In
the first half of MY 2016/17, total coffee bean export volume was 13.88 million bags, rising to 14.47
million bags in the first half of MY 2017/18, an increase of 4.25 percent. Low prices caused the fast
pace, as buyers were stocking for later use. However, Post’s entire year estimate of MY 2017/18 export
volume is the same as MY 2016/17, therefore the second half export volume of MY 2017/18 will be
reduced.
MY 2018/19 green bean exports are forecast up to 25.2 million bags, due to slightly increased
production.
Soluble and Roasted Exports
In MY 2017/18, FAS/Vietnam maintains exports of roasted coffee at 550,000 bags and exports of
soluble at 2.1 million bags Green Bean Equivalent (GBE). Post forecasts the same volume for MY
2018/19 for roasted coffee due to the flat growth in the sector, but forecasts an increase of 50 thousand
bags for soluble coffee due to increasing company investment for soluble coffee, mainly for export.
Figure 4: Green Bean Coffee Volume Export by Month
7. Source: Vietnam Customs
Imports
Vietnam continues to import small quantities of green coffee beans, as well as roasted and instant coffee
from Laos, Indonesia, Brazil, and the United States. Vietnam’s import of roasted/ground coffee from
the United States has increased in the past few years due to the expanding coffee retail sector. U.S.
brands such as Starbucks, McCafé, and Dunkin Donuts, and several South Korean coffee brands, have
expanded their outlets widely in large cities and import roasted/ground coffee.
Total coffee imports in MY 2017/18 are expected to be up slightly from 1 million bags to 1.06 million
GBE, due to the aforementioned expansion of international cafes and coffee shops. Of the total, about
160,000 bags GBE are soluble coffee, 400,000 bags GBE are roast and ground, and 500,000 bags are
green bean imports. FAS/Vietnam’s forecast for MY 2018/19 total coffee imports is 1.16 million bags.
The jump is mainly due to the increased imports of roasted and ground coffee.
Prices
Export Prices
In the first 8 months of MY 2017/18, monthly export prices of common ungraded green bean Robusta
(FOB HCMC) were at low levels. Prices averaged $1,800 per ton in October 2017, then continuously
fell to their lowest level in the past five years by May 2018. Vietnam’s export prices are heavily
impacted by those in Brazil, and there has been a depreciation of the Brazilian real and reports of a good
Conilon crop harvest.
Figure 5: Monthly Average Export Prices for Green Coffee, MY2013/14 to MY2017/18
8. Sources: Daktip, Vicofa, BCEC, and Local Exporters
However, it is expected that prices will rise during the last months of MY 2017/18, following the same
trend as in MY 2015/16, since stocks of Vietnamese coffee are currently lower than normal.
Domestic Prices
Figure 6: Average Local Prices for Robusta Beans from MY 2014/15 to MY 2017/18
Sources: Daktip, Vicofa, BCEC, and Local Exporters
Domestic prices for Robusta common ungraded coffee beans were at their highest in October 2017.
However, they dropped quickly from October to their lowest levels in December. Local prices
remained steady, but at low levels from December 2017 to April 2018; prices are below historical
9. averages, but are still higher than in MY 2015/16. Local prices are expected to rebound due to lower
than normal overall coffee stocks.
Stocks
According to traders, in the first 6 months of MY 2017/18, overall coffee stocks were about 30 percent
lower than in MY 2016/17. Available stocks will be very low in the second half of the marketing year,
putting upward pressure on prices. However, this still depends on the Brazilian Conilon crop.
MY 2017/18 ending stocks are estimated down 100,000 bags from USDA’s number, due to adjusted
lower production, sitting at about 1.02 million bags. MY 2018/19 ending stocks are forecasted up
slightly at 1.18 million bags due to larger production.
Statistical Tables:
Production, Supply and Demand Data Statistics:
Vietnam’s Coffee Production, Supply and Demand (PSD)
Coffee, Green 2016/2017 2017/2018 2018/2019
Market Begin Year Oct 2016 Oct 2017 Oct 2018
Vietnam USDA Official New Post USDA Official New Post USDA Official New Post
Area Planted 0 0 0 0 0 0
Area Harvested 0 0 0 0 0 0
Bearing Trees 0 0 0 0 0 0
Non-Bearing Trees 0 0 0 0 0 0
Total Tree Population 0 0 0 0 0 0
Beginning Stocks 3803 3803 1183 1183 0 1013
Arabica Production 1100 1100 1300 1300 0 1400
Robusta Production 25600 25600 28600 28000 0 28500
Other Production 0 0 0 0 0 0
Total Production 26700 26700 29900 29300 0 29900
Bean Imports 500 500 500 500 0 500
Roast & Ground Imports 340 340 400 400 0 500
Soluble Imports 160 160 160 160 0 160
Total Imports 1000 1000 1060 1060 0 1160
Total Supply 31503 31503 32143 31543 0 32073
Bean Exports 25000 25000 25500 25000 0 25200
Rst-Grnd Exp. 550 550 550 550 0 550
Soluble Exports 2000 2000 2100 2100 0 2150
Total Exports 27550 27550 28150 27650 0 27900
Rst,Ground Dom. Consum 2400 2400 2500 2500 0 2600
Soluble Dom. Cons. 370 370 380 380 0 390
Domestic Consumption 2770 2770 2880 2880 0 2990
Ending Stocks 1183 1183 1113 1013 0 1183
Total Distribution 31503 31503 32143 31543 0 32073
(1000 HA), (MILLION TREES), (1000 60 KG BAGS)