According to the Import-Export Department (Ministry of Industry and Trade), citing data from the General Department of Customs, it is estimated that in May 2022, Vietnam's coffee exports will reach 150,000 tons, worth 343 million USD, down 4.7. % in volume and 5.4% in value compared to April 2022, 15.2% increase in volume and 40.7% increase in value compared to May 2021.

Coffee exports in the first 5 months of 2022 increased by 24.2% in volume and 54% in value over the same period in 2021.

Generally, in the first 5 months of 2022, Vietnam's coffee exports are estimated at 889 thousand tons, worth over 2 billion USD, up 24.2% in volume and 54% in value over the same period in 2021. In May 2022, the average export price of Vietnam's coffee was estimated at $2,248 per ton, down 0.8% compared to April 2022, but up 22.1% compared to May 2021. Generally, in the first 5 months of 2022, the average export price of Vietnam's coffee is estimated at $2,251/ton, up 24% over the same period in 2021.

In May 2022, world coffee prices tend to increase again. The reason is that some positive news appeared on the market such as: Shanghai, the busiest seaport for goods trading in the world, has been lifted from the blockade order, helping the global goods market to circulate more conveniently. ; The real rose to a five-week high against the dollar that limited Brazilian coffee growers from selling new crops. Statistics show that, in the first 4 months of 2022, Brazil exported 14.1 million bags of 60 kg coffee, down 10.8% over the same period in 2021; Commodity funds increased purchases, contributing to the price of coffee for delivery to a 6-week high.

In the domestic market, in May 2022, the price of Robsuta coffee tends to recover according to the world price. On May 28, 2022, the price of Robusta coffee in the domestic market increased by 600 VND/kg compared to April 29, 2022, to 42,000 VND/kg in Dak Lak province; 41,400 VND/kg in Lam Dong province; 41,900 VND/kg in Gia Lai and Dak Nong provinces.

The supply of high-quality wet-processed Arabica coffee to the New York floor is mainly from the Mexican production block – Central America seems to have been exhausted due to the promotion of exports during the period of high prices from the beginning of the year, as well as more favorable transport and delivery from other origins. It is estimated that this production unit supplies high-quality wet-processed Arabica coffee to the global consumption market of approximately 18 million bags per year.

According to a report from Brazil's Cecafé, the Robusta coffee harvest has slowed down due to unfavorable weather factors, while the demand for raw coffee for the production of instant coffee and roasting has also increased. high, potentially reaching 22.5 million bags this year.

It is forecasted that the world coffee price will continue to increase in the coming time.