The coffee production in this crop will decrease due to a 30% decrease in Arabica coffee production; Robusta coffee in the Central Highlands suffers from “flu” when flowering, combined with drought …
At the Conference on Sustainable Development of Vietnam’s coffee industry in the series of events of the 5th Buon Ma Thuot Coffee Festival in 2015, Mr. Nguyen Viet Vinh – General Secretary of the Vietnam Coffee – Cocoa Association – Vicofa forecast Vietnam’s coffee production in the crop year 2014/15 decreased by 20% compared to the previous crop due to a decrease of 30% in Arabica coffee; Robusta coffee in the Central Highlands suffers from “flu” when flowering, combined with drought in many water scarcity areas, the area of old coffee tree continues to increase.
Mr. Vinh emphasized: “If there is no new planting area, the production will decrease even further”.
The signals of lower rainfall in provinces in the Central Highlands and water shortages later this year due to the El Nino weather phenomenon lead concerns that the 2015/16 coffee crop will also decrease.
Viet Vinh added that in the three crop years from 2011/12 to 2013/14, Germany was still the largest coffee import market of Vietnam, followed by the United States. Italy and Spain are the two markets that always compete for the third position in the past three crop years. Belgium ranks 5th and Japan ranks 6th. Russia is a potential market for Vietnam when being the 10th position in the 2012/13 crop year and has risen to the 7th in the last crop year. Algeria is also an interesting market of Vietnam’s coffee industry when ranked 8th in the last crop year, while the UK and France are still the traditional import markets of Vietnam’s coffee. In 2014, Vietnam exported nearly 3.6 billion USD of coffee.
Nguồn: gafin.vn
