Myanmar: Green Coffee Market 2024

Green Coffee Market Size in Myanmar

The Myanmar's green coffee market dropped modestly to $X in 2022, falling by -2.4% against the previous year. Over the period under review, consumption continues to indicate a slight setback. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Green Coffee Production in Myanmar

In value terms, green coffee production surged to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 120% against the previous year. Green coffee production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of coffee (green) in Myanmar shrank modestly to X kg per ha, approximately reflecting the previous year's figure. Overall, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 3.7% against the previous year. As a result, the yield attained the peak level of X kg per ha. From 2015 to 2022, the growth of the average green coffee yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of coffee (green) were harvested in Myanmar; almost unchanged from the previous year. In general, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the harvested area increased by 4.3%. Over the period under review, the harvested area dedicated to green coffee production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Green Coffee Exports

Exports from Myanmar

In 2022, exports of coffee (green) from Myanmar soared to X tons, increasing by 134% on the previous year. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 664%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, green coffee exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 664%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Thailand (X tons) was the main destination for green coffee exports from Myanmar, accounting for a 53% share of total exports. Moreover, green coffee exports to Thailand exceeded the volume sent to the second major destination, China (X tons), fourfold. The third position in this ranking was held by Belgium (X tons), with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume to Thailand stood at +81.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+35.9% per year) and Belgium (+29.8% per year).

In value terms, Thailand ($X) emerged as the key foreign market for coffee (green) exports from Myanmar, comprising 77% of total exports. The second position in the ranking was taken by Belgium ($X), with a 4.8% share of total exports. It was followed by Japan, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand stood at +102.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+41.6% per year) and Japan (+29.2% per year).

Export Prices by Country

In 2022, the average green coffee export price amounted to $X per ton, growing by 136% against the previous year. In general, the export price showed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Green Coffee Imports

Imports into Myanmar

In 2022, the amount of coffee (green) imported into Myanmar reached X tons, therefore, remained relatively stable against the previous year. In general, imports posted significant growth. The growth pace was the most rapid in 2015 when imports increased by 3,358%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, green coffee imports surged to $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 3,022%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X tons) was the main supplier of green coffee to Myanmar, accounting for a 97% share of total imports. It was followed by Brazil (X tons), with a 3% share of total imports.

From 2014 to 2022, the average annual growth rate of volume from Vietnam totaled -10.9%.

In value terms, Vietnam ($X) constituted the largest supplier of coffee (green) to Myanmar, comprising 98% of total imports. The second position in the ranking was taken by Brazil ($X), with a 1.9% share of total imports.

From 2014 to 2022, the average annual rate of growth in terms of value from Vietnam amounted to -7.7%.

Import Prices by Country

The average green coffee import price stood at $X per ton in 2022, jumping by 63% against the previous year. Over the period under review, import price indicated a slight expansion from 2014 to 2022: its price increased at an average annual rate of +1.7% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Brazil totaled $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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