WASHINGTON DC, U.S. – Myanmar will export 18 tonnes of coffee seed to the US this fiscal year. The price of Myanmar coffee seed has recently increased in Europe and US markets.
The demand for Myanmar coffee seed has been on the rise this year compared with the same period last year, according to Myanmar Coffee Association.
Myanmar coffee seed is exported mainly to Japan and other Asian countries. Myanmar exported about 18 tonnes of coffee to the US twice last year. Myanmar will export 18 tonnes of coffee as a first consignment to the US this year as well.
“The European market is likely to buy the Myanmar coffee seeds. The price of coffee is between US$4,000 and US$ 6,000 per tonne. So, we are planning to export the coffee seeds. And, we are trying to ensure the stable market,” said U Ye Myint, the chairman of the Myanmar Coffee Association.
In Myanmar, coffee plants are mainly cultivated in the upper regions. Currently, there are over 30,000 acres of coffee plantations across the country.