The Import-Export Department (Ministry of Industry and Trade) quoted statistics from the International Trade Commission as saying that in the first three months of 2023, Switzerland imported 52.56 thousand tons of coffee from the world, worth 310, $92 million, down 4.2% in volume, but up 9.0% in value over the same period in 2022.

Switzerland increases coffee purchases from Vietnam market

In the first quarter of 2023, Switzerland mainly imported coffee (except for coffee roasted and ground and decaffeinated) with HS code 090111, market share accounted for 89.48% of the total volume, reaching over 47 thousand tons, worth 255.92 million USD, down 3.4% in volume, but up 11.4% in value over the same period last year.

Followed by roasted coffee (excluding decaffeinated coffee) with HS code 090121, the import volume reached over 3 thousand tons, valued at US$38.28 million, up 1.4% in volume and 7 .2% in value over the same period last year.

In the first quarter of 2023, Switzerland imported coffee from over 50 countries and territories. In particular, the coffee supplies for Switzerland are mainly from Brazil, Colombia, Vietnam, India, Costa Rica...

Switzerland's coffee imports from Brazil in the first quarter of 2023 reached approximately 13.27 thousand tons, worth $67.29 million, down 9.3% in volume, but up 10.8% in value compared to the same period in 2022. Brazil's share of total Swiss imports fell from 26.67% in the first quarter of 2022 to 25.24% in the first quarter of 2023.

In contrast, Switzerland increased coffee imports from Vietnam in the first quarter of 2023, an increase of 2.6% in volume and 5.3% in value over the same period last year, reaching 4.82 thousand tons, worth 10.81 million USD. Vietnam's coffee market share in total Swiss imports increased from 8.56% in the first quarter of 2022 to 9.17% in the first quarter of 2023.

According to statistics from the General Department of Customs , in April 2023, Vietnam's coffee exports reached 163.6 thousand tons, worth US$398.76 million, down 22.2% in volume and 17.3 percent down. % in value compared to March 2023, compared to April 2022, an increase of 6.3% in volume and an increase of 3.9% in value. Generally in the first 4 months of 2023, our country's coffee exports reached 716.58 thousand tons, worth 1.627 billion USD, down 5.5% in volume and 4.0% in value over the same period last year. .

In April 2023, the average export price of Vietnam's coffee reached $2,437 per ton, an increase of 6.3% compared to March 2023 and an increase of 5.9% compared to April 2022. In the first 4 months of 2023, the average export price of our country's coffee reached US$2,271/ton, up 1.2% over the same period last year.

In April 2023 compared to April 2022, coffee exports to most of the traditional markets increased, except Germany, Russia, and Belgium. Notably, Vietnam's coffee exports to the markets of Indonesia and the Netherlands grew by 3 digits, increasing by 219.6% and 216.3% respectively in volume, in terms of value increased by 275, respectively. 1% and 260.1%.

Generally, in the first 4 months of 2023, coffee exports to Germany, Italy, the United States, Russia, Spain... increased over the same period last year, but exports to Japan and Belgium decreased.

In the early days of May 2023, the price of Robusta coffee in the domestic market increased sharply compared to the end of April 2023. On May 8, 2023, the price of Robusta coffee increased sharply, an increase of 2,400 - 2,500 VND/kg compared to April 28, 2023.

In Gia Lai and Dak Lak provinces, the price of Robusta coffee also increased by 2,400 VND/kg, to 53,900 VND/kg; In Lam Dong and Dak Nong provinces, the price of Robusta coffee also increased by 2,500 VND/kg, to 53,300 - 53,800 VND/kg.

On the world market, in early May 2023, the price of Robusta coffee increased compared to the end of April 2023; Arabica coffee prices fluctuated unevenly. Fear of short-term supply shortage continued to support the market.

According to the International Coffee Organization (ICO), global coffee exports in the first six months of the current crop year 2022/2023 reached 62.30 million bags, down 6.4% compared to the first six months of the 2021/23 crop year. 2022.