Thai coffee market sees healthy growth
The Thai coffee market continues to grow, both in terms of domestic consumption and processing for export, driven by consumer lifestyles.
Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, said Thailand has the potential to process raw coffee into finished coffee products for export, which is a key strength that helps add value to coffee products.
Thailand's coffee export value tallied $34.2 million in Q1/2024. Photo courtesy of Vietnam News Agency.
He said factors supporting the growth include demand from working-age consumers and a lifestyle seeking convenience for beverage consumption.
Thailand imports the most raw coffee beans from Vietnam, followed by Indonesia and Laos.
In the first quarter this year, Thailand's coffee export value tallied $34.2 million, comprising $32.7 million for instant coffee, $24 million for roasted coffee and $210,000 for raw coffee.
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