The average volume per person in the Coffee segment is expected to amount to 1.3 kg in 2020. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for miscellaneous goods and services. January 2018 - Starbucks has announced the return of Vietnam Da Lat coffee to Vietnam. The Consumers by income box shows the income distribution of consumers of the selected market (market segment, region) in tertiles. While Roast Coffee, or fresh coffee is especially popular in traditionally coffee-leaning countries like the U.S., Germany, Italy or Brazil, Instant Coffee is important in traditionally tea-leaning countries like the UK, Czechia or Asia in general as the method of preparation is very similar to that of tea. Farmers in the Central Highlands, Vietnam’s coffee-growing capital, sold coffee COFVN-DAK at VND33,000-33,400 ($1.43-$1.45) per kg, up from VND31,500-32,000 last week, and tracking higher London prices. The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. The domestic coffee market has fierce competition with well-known foreign coffee brands such as Dunkin Donuts, Coffee Beans and Tea Leaves, Gloria Jeans, My Life Coffee, McCafe, PJ’s, and Coffee Bene competing against each other and with local chains, such as Trung Nguyen, Phuc Long, Highlands, Coffee House, Coffee Factory, and Reading Support Trung Nguyen  leads the position with diversity of  many coffee products, from instant to roasted coffee to civet coffee. The coffee retail market in Vietnam reached $ 127.33 million in 2008 and increased to $ 287.34 million in 2012. To understand geography trends, Download Sample Report. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Due to local taxes, the overall tax rate may vary within the country. The scope of the Vietnam coffee market is segmented by product type (Whole Bean, Ground Coffee and Instant Coffee) and by Distribution Channels,  On-trade and Off-trade (Supermarket/Hypermarket, Speciality stores, Online retailing and Others). | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, The price of a Big Mac at McDonald's has been introduced by the Economist in 1986 as an illustrative example to compare price levels between countries. Reading Support Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for clothing and footwear (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). You can find the source in the data box in the lower left corner. | Source: Statista, based on World Bank", Consumer spending, per capita (current prices), Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for food and non-alcoholic beverages (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Revenue in the Coffee segment is projected to reach US$4,845m in 2020. The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year. in the Coffee market Farmers in the Central Highlands, Vietnam's largest coffee-growing area, sold coffee at 33,200 dong ($1.43) per kg, compared with last week's 32,400-34,000 dong range. supermarkets and convenience stores). Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The “Revenue Growth” box shows the year-over-year revenue development of the selected market (market segment, region) in percentage terms. March robusta coffee settled up $6, or 0.44%, at $1,378 per metric ton on Wednesday. In 2016, Nestle Vietnam Ltd. led the coffee sales, with a retail volume share of 27%. July 2018 - Nestle inaugurated a new Nescafe Dolce Gusto capsule production line in Dong Nai Province, Vietnam. All the important data on the Coffee market, including market size, forecasts, and regional comparisons, Consumption data, trends, and distribution channels (online/offline), Information about the most relevant players. | Source: Statista, based on Economist, Displayed is the standard rate. Vietnam is the world’s second largest producer and exporter of coffee. Overview information of coffee industry Vietnam locates in the tropical belt of Northern Hemisphere, where the climate is suitable for developing coffee trees, and brings Vietnamese coffee … Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Numbers above 100 signal that prices are on average higher in this region than in the U.S., numbers below would mean prices in this region are on average lower than in the U.S. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for food and non-alcoholic beverages (U.S.=100). About 90%of the output from this facility will be exported to other markets in Asia including Thailand, the Philippines, Malaysia, Singapore, Hong Kong, Taiwan and Indonesia. Reading Support An increase would mean that the country benefited from improved terms of trade that allow it to purchase more import goods for the same amount of exports. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for recreation and culture. | Source: Statista, based on national and international statistical offices, Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB, The average exchange rate of 1 unit of local currency (local currency unit: LCU) in the respective year for US-Dollar | Source: Statista, based on IMF, World Bank, UN, Living-room & Dining-room Furniture Report 2020, Smart Home Report 2020 - Smart Appliances, Household Appliances Report 2020 - Small Appliances, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Retrieved December 22, 2020, from https://www.statista.com/outlook/30010000/127/coffee/vietnam, "Coffee - Vietnam." The strategies adopted by these companies like brand imaging and expansion is further going to help these players to dominate the market during the forecast period. in the Coffee market You can find further source information in the methodology section. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . | Source: Statista, Displayed is the typical rate for corporate income. The Vietnamese coffee market is divided into two distinct segments. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for health. The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region) in million US dollars for each year. | Source: Statista, based on IMF WEOD, Share of income that accrues to the income group of the highest 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the second 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the third 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the fourth 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the lowest 20% | Source: Statista, based on World Bank, "The Gini index measures the income distribution among individuals or households within an economy on a scale from 0 to 100. The Vietnam coffee market value is expected to witness a growth rate of 8.2% during the forecast period with an average per capita coffee consumption of 1.1 Kg in 2018. The NVA framework was incorporated into the national agriculture strategy in November 2011 by the Vietnam government. Affectionately nicknamed ‘rocket fuel’, Vietnamese coffee is a … | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for communication (U.S.=100). Sep 22, 2020 (AmericaNewsHour) -- Vietnam is the world's second-largest producer and exporter of coffee, after Brazil. The indicator is valued at the current exchange rate of the respective year versus the US$. Reading Support These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. The Consumers by gender box shows the gender distribution of consumers of the selected market (market segment, region). Coffee drinking in western cafes has becomes the vogue across Vietnam. In the year 2020 a share of 29.4% of consumers is 25-34 years old. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Vinacafe Bien Hoa and domestic companies such as Trung Nguyen in Ho Chi Minh City, which produces, processes and distributes coffee, and Viet Thai International (Highland Coffee), the Hanoi-based Vietnamese coffee chain and producer and distributor of coffee products, continue to dominate coffee sales in Vietnam due to their strong brand reputation and wide distribution network. The ""Price per Unit"" box shows the average retail value per unit in the selected market (market segment, region) in US dollars for each year. The data is based on Statista's Global Consumer Survey. The indicator is valued at the current exchange rate of the respective year versus the US$. The definitions of labor force and unemployment differ by country. in million US$ The … | Source: Statista, based on IMF WEOD, The indicator shows the total number of private households in the selected region. This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. It covers all private household spendings meant for consumption at home. The Coffee market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. in percent. In global comparison, most revenue will be generated in the United States (US$67,663m in 2020). | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for communication (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for recreation and culture (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for education (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for restaurants and hotels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for miscellaneous goods and services (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). 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