Vietnam is Russias largest coffee supplier

Russia’s import of coffee is showing an increasing trend in recent years. In which, Vietnam is the largest source of supply regarding quantity. 

Vietnam is Russia's largest coffee supplier. Photo: TL.

According to the Russian Customs Service, for the first nine months of 2021, Russia’s import of coffee has reached over 182 thousand tons, valued at USD 565.74 million, an increase of 6.4% in quantity and 20,6% in value compared to the same period last year.

Vietnam is the largest supply source of coffee for Russia regarding quantity. In the first nine months of 2021, Russia’s import of coffee from Vietnam reached over 61 thousand tons, worth USD 116 million, decreasing 8% in quantity, but an increase of 4% in value in comparison with the same period in 2020.

Vietnam's coffee market share in total Russian imports decreased from 38.78% in the first nine months of 2020 down to 33.53% in the first nine months of 2021.

In terms of turnover, Vietnam’s coffee ranks second in Russia after Brazil (USD 133 million in the first 9 months of the year).

Due to the development of the coffee-producing industry in Russia, the country's demand for coffee imports has increased in recent times. Russia is currently the seventh-largest importer of coffee in Europe.

Approximately 57% of the total quantity of coffee imported by Russia is Robusta coffee and 43% is Arabica coffee. Russia’s consumption of coffee makes up to 3.0% of global consumption with consumer tastes shifting from tea to coffee.

According to the International Coffee Organization (ICO), Russia’s consumption of coffee has an average growth rate of 2.7% in the 2018-2021 period, this demonstrates the preference the people from this country show for coffee drinks.

Russia’s coffee market is forecasted to continue to grow due to the increasing popularity of coffee domestically and driven by the growing demand of young consumers.