Market demand drives the expansion of Coffee planting area in Thailand
Follow the caf é (Wechat official account vdailycom) and found that Beautiful Cafe opened a small shop of its own.
According to the Thai Fine Coffee Association (SCATH), although many cafes closed in 2016, Thailand's coffee shop industry will grow by 15% in 2017, which will stimulate the expansion of coffee acreage.
Apicha Yaemkesorn, president of the Thai boutique coffee association, said that cafes are an ideal business for many entrepreneurs, but many of them have no coffee knowledge and management skills. About 30% of coffee shops were closed in 2016, but many new cafes opened every year. Since the number of coffee drinkers in Thailand is less than 10% of the total population, compared with coffee drinkers in the United States who drink an average of 3 cups of coffee a day, Thai coffee drinkers drink an average of only 1.2 cups a day, which has great market potential. At the same time, the cost of opening cafes is low, and the number of cafes next to many new office buildings and condominiums in Bangkok and major cities is expected to increase significantly and will soon spread to smaller governments and towns. In 2017, economic growth and high demand from coffee drinkers will drive the growth of Thailand's coffee industry.
Due to reduced production caused by climate change and prolonged drought, the supply of small-grain coffee beans in Thailand is expected to drop from 9000 tons in 2016 to 7000 tons in 2017, while medium-grain coffee beans will drop to 15000 tons from 17800 tons in 2016. Falling production has pushed up the price of coffee beans in Thailand, where the price of small beans is about 180 baht per kilogram, which is higher than that of Cambodia, Laos, Myanmar and Vietnam (about 95-105 baht per kilogram) and 80-90 baht per kilogram for medium-grain coffee beans. At the same time, rubber and palm growers in southern Thailand have switched to coffee because of the low price of rubber and palm oil. In 2017, the acreage of small-grain coffee in the north is expected to grow by 15%, while that of medium-grain coffee in the south is expected to increase by 5%.
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Following Cafe Review (Wechat official account vdailycom) found that Coffee Cafe opened a small shop of its own. Coffee is one of the most popular drinks in the world today, with global consumption of more than 1.5 billion cups a day. To meet the global demand for coffee, 25 million farmers in more than 80 countries are engaged in coffee cultivation. At present, the global annual output of coffee exceeds 8 million tons, making it the heaviest in the world.
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