Vietnam expects to export 1.4 million tonnes of coffee
during 2014-2015, down 200,000 tonnes from the previous crop, Tu told a
conference in Ho Chi Minh City on December 5 to review its
2013-2014 performance and set tasks for next year.
According to
the General Department of Customs, Vietnam remains the second largest
exporter of coffee, behind only Brazil , with 1.66 million tonnes
shipped during the 2013-2014 crop for 3.4 billion USD, up 17.2 percent
in volume and 12.5 percent in value.
Germany was the biggest buyer, followed by the US , Spai , Belgium , Japan and Russia .
However,
Tu said that raw coffee accounted for 90 percent of the exports.
Companies also exported three-in-one, two-in-one, and roasted coffee,
but in limited quantities.
Coffee prices were rather low
after the last crop, requiring the industry to focus on improving
quality and developing brands to earn higher export prices, he said.
The industry has set itself a target of increasing the output of
instant and roasted coffee to account for 25 percent of the total by
2020.
Coffee consumption in the domestic market remains
modest, at around 10 percent of the annual output, and more should be
done to boost consumption, Tu said.
He warned that Vietnamese
coffee exporters will face more severe competitions as the ASEAN
Economic Community is to take shape next year and coffee prices are
fluctuating due to harmful impacts of climate change.
Vicofa
will ask the Ministry of Agriculture and Rural Development to buy in
coffee for stockpiles in case its prices plummet, and partner with the
Vietnam Food Administration to issue a set of Vietnam standards for
roasted and instant coffee next year.
During the 2014-2015
crop, Vicofa will assist coffee farmers in re-cultivation and call for
more business involvement in coffee processing, he added.
The country has 622,167ha under coffee, with 126,000ha having old trees with low yields and unreliable quality.
In the next five to 10 years, 140,000-160,000ha need to be replanted, the association said.
VNA/VNN