In the wake of a doubling in the price of coffee beans compared to last year, the farmers are opting to prolong the exploitation of existing coffee trees rather than cutting them down and replanting, leading to a scarcity of raw materials for the production of coffee wood chew toys.
In this landscape, the companies with established purchasing networks and extensive experience working with farms and plantations, such as CWDC VietNam, are poised to leverage strengths.
As we assess the situation from now until the end of the year, it becomes evident that the entire coffee wood chews industry will be engulfed in intense competition for raw materials. With the scarcity of coffee wood becoming increasingly pronounced, the companies that can effectively address this challenge will gain a significant competitive advantage.
In such a competitive environment, the ability to secure a stable and reliable supply of raw materials will be paramount. We, CWDC VietNam with robust relationships with farmers and plantations, coupled with efficient procurement processes, better positioned to navigate the challenges posed by the scarcity of coffee wood.
As the competition for coffee wood chew raw materials intensifies, CWDC VietNam must adapt and innovate to secure our supply chains and maintain a competitive edge. By leveraging our strengths, fostering strong relationships with plantations, and implementing sustainable practices, we will thrive in the face of challenges and emerge as leaders in the coffee wood chews industry.
