Asia's Coffee Cravings Boost Imports

Asia's Coffee Cravings Boost Imports

Asian countries, notably Vietnam and Indonesia, are increasingly importing Brazilian coffee to satisfy their booming domestic consumption, despite being major coffee producers themselves. The trend is driven by growing cafe cultures, innovative coffee beverages, and rising disposable incomes. Both countries export their robusta beans, which are favored for espresso and instant coffee, but import cheaper Brazilian beans for local use. Extreme weather and insufficient yields have impacted global coffee production, prompting the world's largest coffee trader, Neumann Kaffee Gruppe, to open an import office in Indonesia. Indonesian coffee consumption has grown significantly over the past decade, and demand may exceed local production within five to eight years. Brazil's exports to these Asian markets have surged, particularly as El Niño-induced dryness has reduced Southeast Asian coffee output and spiked local prices.

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