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However, Vietnam is the third largest coffee supply market in the United States .
Statistics from the International Trade Center (ITC) quoted by the Import and Export Bureau of the Ministry of Industry and Trade of Vietnam show that in the first 10 months of 2021, US coffee imports and import values reached 1.
35 million tons and 5.
72 billion U.
S.
dollars, up 5.
2% and 19.
7% year-on-year respectively
.
The average value of coffee imports was US$4,243 per ton, a year-on-year increase of 13.
8%
.
35 million tons and 5.
72 billion U.
S.
dollars, up 5.
2% and 19.
7% year-on-year respectively
.
The average value of coffee imports was US$4,243 per ton, a year-on-year increase of 13.
8%
.
According to the International Trade Center, Vietnam is the third largest coffee supply market in the United States (in terms of total volume)
.
In the first ten months of 2021, the U.
S.
imported Vietnamese coffee volume and import value reached approximately 118,300 tons and more than $228 million, respectively, representing a year-on-year decrease of 15.
1% and 12.
3%
.
From the first ten months of 2020 to the first ten months of 2021, the market share of Vietnamese coffee in the total U.
S.
imports fell from 10.
87% to 8.
78%
.
.
In the first ten months of 2021, the U.
S.
imported Vietnamese coffee volume and import value reached approximately 118,300 tons and more than $228 million, respectively, representing a year-on-year decrease of 15.
1% and 12.
3%
.
From the first ten months of 2020 to the first ten months of 2021, the market share of Vietnamese coffee in the total U.
S.
imports fell from 10.
87% to 8.
78%
.
The compound annual growth rate of the U.
S.
coffee market from 2020 to 2025 is expected to be 4.
8%
.
The main factors driving market growth are increasingly busy life>
.
S.
coffee market from 2020 to 2025 is expected to be 4.
8%
.
The main factors driving market growth are increasingly busy life>
.
In the United States, coffee is a very popular beverage
.
In recent years, coffee sales in the United States have fluctuated slightly, but consumers still maintain the habit of drinking two cups of coffee a day on average
.
.
In recent years, coffee sales in the United States have fluctuated slightly, but consumers still maintain the habit of drinking two cups of coffee a day on average
.
According to a survey by the National Coffee Association, more than 70% of consumers prefer to brew coffee at home, and 59% of coffee consumed every day is high-end coffee
.
Therefore, the United States has become a potential export market that any coffee producing country, including Vietnam, wants to enter
.
(Finish)
.
Therefore, the United States has become a potential export market that any coffee producing country, including Vietnam, wants to enter
.
(Finish)
