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Vietnam is Austria's fifth largest coffee supplier and the largest coffee supplier outside the European Union
.
Taking advantage of EVFTA's opportunities and grasping consumer trends will help Vietnamese coffee become more and more popular in this market
.
The Vietnam Import and Export Bureau (Ministry of Industry and Trade) cited statistics from the International Trade Center as saying that from 2016 to 2020, Austria’s coffee imports fell by 0.
53%/year (calculated by volume) on average and 0.
41%/year (calculated by import value).
In 2016, the import value of 64,150 tons was 423 million U.
S.
dollars, which dropped to 62,600 tons in 2020, and the import value was 415 million U.
S.
dollars
.
However, between 2016 and 2020, Austria increased its imports from Vietnam, with an average growth rate of 15.
54%/year (calculated by volume) and 14.
57%/year (calculated by import value), from 1,450 tons in 2016.
US$ 2.
96 million, increased to 2200 tons in 2020, and the import value was US$ 3.
92 million
.
53%/year (calculated by volume) on average and 0.
41%/year (calculated by import value).
In 2016, the import value of 64,150 tons was 423 million U.
S.
dollars, which dropped to 62,600 tons in 2020, and the import value was 415 million U.
S.
dollars
.
However, between 2016 and 2020, Austria increased its imports from Vietnam, with an average growth rate of 15.
54%/year (calculated by volume) and 14.
57%/year (calculated by import value), from 1,450 tons in 2016.
US$ 2.
96 million, increased to 2200 tons in 2020, and the import value was US$ 3.
92 million
.
Statistics in the first quarter of this year showed that Austria imported 13,24 thousand tons of coffee, with an import value of 101.
38 million U.
S.
dollars, a year-on-year decrease of 26% in imports, and a year-on-year decrease of 3.
0% in imports
.
In the first quarter of this year, the average price of imported coffee from Austria reached US$7,57 per ton, a year-on-year increase of 31%
.
Among them, the average import price of Austrian coffee in most supply markets has risen
.
38 million U.
S.
dollars, a year-on-year decrease of 26% in imports, and a year-on-year decrease of 3.
0% in imports
.
In the first quarter of this year, the average price of imported coffee from Austria reached US$7,57 per ton, a year-on-year increase of 31%
.
Among them, the average import price of Austrian coffee in most supply markets has risen
.
Austria mainly imports coffee from the EU internal market
.
In foreign markets, Austria mainly imports from Vietnam, Brazil, and Indonesia
.
In the first quarter of this year, Austria reduced its coffee imports from its main suppliers, but increased its imports from Slovakia
.
.
In foreign markets, Austria mainly imports from Vietnam, Brazil, and Indonesia
.
In the first quarter of this year, Austria reduced its coffee imports from its main suppliers, but increased its imports from Slovakia
.
According to statistics from the International Trade Center, Vietnam is the fifth largest coffee source in Austria, but it is also the largest coffee supplier outside the European Union
.
In the first quarter of this year, Austria imported 510 tons of coffee from Vietnam, with an import value of 965,000 US dollars, a year-on-year decrease of 9.
9% in quantity and a year-on-year decrease of 6.
9% in value
.
However, the market share of Vietnamese coffee in Austria’s total imports increased from 3.
17% in the first quarter of 2020 to 3.
85% in the first quarter of this year
.
.
In the first quarter of this year, Austria imported 510 tons of coffee from Vietnam, with an import value of 965,000 US dollars, a year-on-year decrease of 9.
9% in quantity and a year-on-year decrease of 6.
9% in value
.
However, the market share of Vietnamese coffee in Austria’s total imports increased from 3.
17% in the first quarter of 2020 to 3.
85% in the first quarter of this year
.
