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    Home > Food News > Food Articles > Vietnam coffee's market share in China increases

    Vietnam coffee's market share in China increases

    • Last Update: 2021-12-02
    • Source: Internet
    • Author: User
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    (People's Daily) The Import and Export Bureau of the Ministry of Industry and Trade of Vietnam stated that although tea is still a traditional Chinese beverage , the demand for coffee in China, especially in urban areas and young people , continues to increase recently
    .
     
    Accordingly, instant caffeine has a large market share in China for its convenient drinking
    .
    According to statistics from the China Coffee Association, the country's annual coffee consumption is 15%
    .

     
    The https:// website also pointed out that in the period 2021-2026, the average annual growth rate of China's coffee market will reach 10.
    15%
    .
    The new crown pneumonia epidemic is severe and complicated, but it does not reduce coffee consumption
    .
    From October 2021 to April 2021, China's coffee consumption reached approximately 3.
    7 million packs (60 kg/pack)
    .
    At the same time, China's coffee production reached about 1.
    8 million packs, so China's dependence on imported coffee is still relatively large
    .
     
    According to statistics from the General Administration of Customs of China, in September 2021, China's coffee (HS0901) imports reached 53.
    84 million U.
    S.
    dollars, an increase of 62.
    4% compared with the same period last year
    .
    In the first nine months of this year, China's coffee imports reached more than 387 million U.
    S.
    dollars, a year-on-year increase of 75.
    3%
    .
    The country's main coffee suppliers are Guatemala, Ethiopia, Vietnam, Malaysia and Brazil
    .
     
    In September this year, China's coffee imports from Vietnam reached 46.
    28 million US dollars, an increase of 69.
    5% year-on-year
    .
    However, Vietnam’s coffee accounted for China’s total imports from 12.
    34% in September 2020 to 11.
    94% in September 2021
    .

     
    China's coffee market is highly competitive.
    Therefore, in order to increase its market share in China, the Import and Export Bureau recommends that the Vietnamese coffee industry needs to actively reform product >
    .
    In addition, companies need to centralize social platforms and online distribution channels to promote and build product brands
    .
    (over)

    Import and export tea China beverage coffee
     
      Accordingly, instant caffeine has a large market share in China for its convenient drinking
    .
    According to statistics from the China Coffee Association, the country's annual coffee consumption is 15%
    .

     
      The https:// website also pointed out that in the period 2021-2026, the average annual growth rate of China's coffee market will reach 10.
    15%
    .
    The new crown pneumonia epidemic is severe and complicated, but it does not reduce coffee consumption
    .
    From October 2021 to April 2021, China's coffee consumption reached approximately 3.
    7 million packs (60 kg/pack)
    .
    At the same time, China's coffee production reached about 1.
    8 million packs, so China's dependence on imported coffee is still relatively large
    .
     
      According to statistics from the General Administration of Customs of China, in September 2021, China's coffee (HS0901) imports reached 53.
    84 million U.
    S.
    dollars, an increase of 62.
    4% compared with the same period last year
    .
    In the first nine months of this year, China's coffee imports reached more than 387 million U.
    S.
    dollars, a year-on-year increase of 75.
    3%
    .
    The country's main coffee suppliers are Guatemala, Ethiopia, Vietnam, Malaysia and Brazil
    .
     
      In September this year, China's coffee imports from Vietnam reached 46.
    28 million US dollars, an increase of 69.
    5% year-on-year
    .
    However, Vietnam’s coffee accounted for China’s total imports from 12.
    34% in September 2020 to 11.
    94% in September 2021
    .

     
      China's coffee market is highly competitive.
    Therefore, in order to increase its market share in China, the Import and Export Bureau recommends that the Vietnamese coffee industry needs to actively reform product >
    .
    In addition, companies need to centralize social platforms and online distribution channels to promote and build product brands
    .
    (over)
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