Myanmar plans to complete 200000 acres of coffee acres

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According to the Ministry of Agriculture, Animal Husbandry and Irrigation, Myanmar will complete 200000 acres of coffee acres between 2018 and 2020, and plans to produce 60, 000 tons of quality coffee by 2030. However, in order to expand the coffee planting area, Myanmar still needs to formulate corresponding policies: first, to solve the problem of cooperation among the government, private individuals and farmers; second, to solve the problem of long-term loans; and third, to solve the problem of cooperation with domestic and foreign institutions. According to the report, the price of Burmese coffee is 1.5 million kyat per ton in previous years, reaching 3 million kyat per ton since 2015, making it another cash crop to earn foreign exchange after rice and beans. At present, Myanmar coffee planting area of about 50,000 acres, can only produce more than 8,000 tons of coffee beans, mainly from Mandalay Province, Karen State and Chin State, among which the Arabica coffee produced in Binwulun and the Yuan Bank area of Shan State has reached the global optimization level. According to statistics from the Trade Department of the Myanmar Ministry of Commerce, Myanmar exported 506 tons of coffee in the 2011-2012 fiscal year, 622 tons in the 2012-2013 fiscal year, 1153 tons in the 2013-2014 fiscal year, 1157 tons in the 2014-2015 fiscal year and 1,137 tons in the 2013-16 fiscal year. The main export targets are Switzerland, China, Thailand, the United States, South Korea, Japan, Germany and other countries.

This article is available at http://www.mhwmm.com/Ch/NewsView.asp?ID=23687

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