Arabica coffee export price to Thailand reaches an average of USD3,200/ton

Arabica coffee export price in the first 7 months rose sharply compared to the same period last year, in which exports to Thailand achieved the highest average price.

Arabica coffee price reaches its the highest average exporting to Thailand. Photo: TL.

According to the General Department of Customs, in July 2021, the average export price for Arabica coffee reached 3,080 USD/ton, up by 7.2% compared to June 2021 and by 53.3% compared to July 2020. This is the highest level in the past 3 years.

Thanks to high export prices, in July 2021, although the amount of Arabica coffee exported only reached 2.6 thousand tons, down by 24.3% in volume compared to July 2020, the value increased by 10% reaching 8.1 million USD.

On average, for the first 7 months of 2021, the Arabica coffeeexport price reached USD2,758/ton, up by 19.2% over the same period in 2020.

The average export price of Arabica coffee to all major markets increased in the first 7 months of the year. In which, the average price reached its highest level in the Thai market at USD3,188/ton. Followed by Belgium at USD2,883/ton, Canada at USD2,875/ton...

In the first 7 months of 2021, Arabica coffee exports reached 40.1 thousand tons, valued at 110.66 million USD, down by 23% in volume and by 8.2% in value over the same period in 2020.