Vietnam: Coffee Semi-annual

  |   Attaché Report (GAIN)   |   VM2024-0047
Rising coffee prices have motivated farmers to increase investments in coffee farming, helping recovery from the early summer drought this year and reducing harvest and post-harvest loss. Coffee exports are expected to rebound in MY 2024/25 after dropping in MY2023/24. Vietnam is working to expand coffee processing to capture more value added in its coffee exports. The steady rise in prices in 2024 has caused many farmers to hold coffee stocks for longer, hoping for continued price increases.

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