Vietnam coffee exports to UK drops
In this article (5)
Vietnam’s coffee exports to the U.K. have declined in H1 after its products failed to meet quality requirements and consumer preferences. The fourth wave of Covid-19 that hit the country also affected export activities.
Coffee exports to Britain fell by 48.4 percent in volume terms and 49.3 percent in value to 16,400 tons and $29 million. Vietnam’s share of that coffee market decreased from 27.32 percent to 16.35 percent.
The U.K.’s coffee imports from most of its suppliers increased during the period, except from Vietnam and Honduras. Vietnam’s exports to the country are in the form of raw or semi-processed coffee, while the British mainly consume instant coffee.
Experts said the Vietnamese coffee industry should strive to meet its increasingly stringent requirements and British consumers’ tastes to boost exports.
Vietnam is the second-biggest coffee producer globally behind Brazil. Last year, its exports fell marginally and were worth $2.74 billion.
Questions & Answers
Q.What were the primary reasons for the decline in Vietnam's coffee exports to the UK?
What were the primary reasons for the decline in Vietnam's coffee exports to the UK?
The decline was attributed to Vietnam's coffee products failing to meet quality requirements and consumer preferences. The fourth wave of Covid-19 in Vietnam also impacted export activities during the period.
Q.By how much did Vietnam's coffee exports to the UK fall in the first half of the year?
By how much did Vietnam's coffee exports to the UK fall in the first half of the year?
Exports fell by 48.4 percent in volume, equating to 16,400 tons, and by 49.3 percent in value, reaching $29 million. Vietnam's share of the UK coffee market decreased from 27.32 percent to 16.35 percent.
Q.What form of coffee does Vietnam typically export to the UK, and what do British consumers prefer?
What form of coffee does Vietnam typically export to the UK, and what do British consumers prefer?
Vietnam's exports to the UK are mainly raw or semi-processed coffee. In contrast, British consumers primarily prefer to consume instant coffee, according to the article.
Q.Did the UK's overall coffee imports from other suppliers also decrease?
Did the UK's overall coffee imports from other suppliers also decrease?
No, the UK’s coffee imports from most of its other suppliers actually increased during the period. Only imports from Vietnam and Honduras experienced a decline.
Reader pulse
Can Vietnam recover its UK coffee market share?
21,295 votes so far