According to statistics from the European Statistics Agency (Eurostat), in the first 7 months of 2023, Germany imported coffee from the world approximately 669.4 thousand tons, worth 2.6 billion EUR (equivalent to 2 75 billion USD), down 9.3% in volume and 16% in value compared to the same period last year.

Germany increased coffee imports from Vietnam

In July 2023 alone, Germany imported coffee from the world reaching 88.9 thousand tons, worth 349 million EUR (equivalent to 368.58 million USD), down 9.1% in volume and down 11.8%. in value compared to June 2023, compared to July 2022, down 17% in volume and down 26.3% in value.

In July 2023, Germany's average coffee import price from the world reached 3,924 EUR/ton, down 3% compared to June 2023 and down 11.2% compared to July 2022.

Cumulatively in the first 7 months of 2023, Germany's average coffee import price from the world reached 3,888 EUR/ton, down 7.5% over the same period last year.

In particular, the average import price of German coffee from most internal and external markets decreased, except Italy and Spain.

According to Eurostat, in the first 7 months of 2023, Germany imported coffee from the EU internal market reaching 104.55 thousand tons, worth 613.2 million EUR (equivalent to 647.54 million USD), an increase of 20.5% in terms of quantity and increased 14.1% in value compared to the same period last year. In particular, Germany increased coffee imports from many markets, except Italy.

Market structure of coffee supply to Germany from the non-EU market (% by volume) (Source: Eurostat)

For foreign markets, in the first 7 months of 2023, Germany imported coffee from non-EU markets reaching 564.84 thousand tons, worth 1.99 billion EUR (equivalent to 2.1 billion USD), a decrease 13.2% in volume and 22.4% decrease in value compared to the same period last year.

In particular, Germany reduced coffee imports from many foreign markets, except Vietnam and Honduras...

In the first 7 months of 2023, Germany imported coffee from Vietnam reaching 156.3 thousand tons, worth 332.55 million EUR (equivalent to 351.18 million USD), an increase of 10.1% in volume and an increase of 6.4%. % in value compared to the same period last year.

Vietnam's coffee market share in Germany's total imports from the world increased from 19.24% in the first 7 months of 2022 to 23.35% in the first 7 months of 2023.