Gia Nghia of Dak Nong provided the maximum price of VND108,700/kg, while traders in Lam Dong province offered the lowest price of VND108,400/kg. Robusta coffee fell to VND108,400 per kg in Bao Loc, Di Linh, Lam Ha; to VND108,500-108,600 per kg in Dak Lak; to  VND108,600-108,700 per kg in Dak Nong; to  VND108,600 per kg in Kon Tum, and at  VND108,600- 108,600 per kg in Gia Lai.

It is a great time for Vietnam to build on specialty coffee segment to enhance its global recognition and increase its value in the coffee supply chain, insiders said.

Although Vietnam is a major coffee exporter worldwide, the country primarily exports raw materials, which remain largely unknown among global consumers.

The global specialty coffee market has developed over the past three to four decades, while Vietnam’s has only started in the last decade.

According to coffee experts, Vietnam is developing both Arabica and Robusta specialty coffee, with a stronger emphasis on the latter, given that the country is the world leader in its production and export. Additionally, due to the local natural conditions, practices, and experiences, Robusta products account for the lion’s share of Vietnam’s coffee production and consumption markets.

Vietnam’s coffee exports exceeded the 5 billion USD mark for the first time in the 2023-2024 crop year that lasted from October 1, 2023 to September 30, 2024.

Chairman of the Vietnam Coffee and Cocoa Association (VICOFA) Nguyen Nam Hai said that during the 2023-2024 crop year, Vietnam exported about 1.46 million tonnes of coffee, a 12.1% decrease compared to the previous crop year.

According to the General Department of Customs, in September alone, the average export price of Vietnamese coffee reached 5,469 USD per tonne, the highest ever so far, up 5.8% from the previous month and 68.7% compared to September 2023.

For the entire 2023 - 2024 crop year, the average export price was 3,673 USD per tonne, nearly 50% higher than in the previous year. With such price, coffee is the export product with the strongest price rise among Vietnam’s major agricultural exports.

The European Union (EU) remained Vietnam’s largest coffee export market during the 2023-2024 crop year as it imported 563,000 tonnes worth 2 billion USD, down 8.6% in volume but up 41% in value.

Germany, Italy, and Spain were Vietnam's top three individual coffee export markets in the past season, with export values of 607 million USD, 417 million USD, and 413 million USD respectively, reflecting growth rates of 37%, 30%, and 75% compared to the 2022-2023 crop year.

Other major markets also saw strong growth in export value despite declining volumes, such as Japan (up 38%) and Russia (up 20%).

Following are domestic Robusta coffee  prices on October 25, in Vietnam's Central Highlands:

District/City	Purchase price (VND/kg)	Vs. October 24
LAM DONG
— Bao Loc ROBUSTA	108,400	-1000
— Di Linh  ROBUSTA	108,400	-1000
— Lam Ha  ROBUSTA	108,400	-1000
DAK LAK
— Cư M'gar  ROBUSTA	108,600	-1000
— Ea H'leo  ROBUSTA	108,500	-1000
— Buon Ho  ROBUSTA	108,500	-1000
GIA LAI
— Chư Prong  ROBUSTA	108,600	-1000
— Pleiku  ROBUSTA	108,600	-1000
— La Grai  ROBUSTA	108,500	-1000
ĐAK NONG
— Gia Nghia  ROBUSTA	108,700	-1000
— Đak R'lap  ROBUSTA	108,600	-1000
KON TUM
— Đak Ha  ROBUSTA	108,600	-1000

T.Huong
Source: Vitic