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As demand has increased in recent years, the Thai market has gradually targeted high-quality Guatemalan coffee.
a growing number of Thai coffee companies have extended invitations to Guatemalan coffee exporters to cooperate.
recently, the Ministry of Foreign Affairs of Guatemala, through the Guatemalan Embassy in Bangkok, briefed Thai coffee companies on the situation of Guatemalan coffee.
demand for Thai coffee is growing at an average annual rate of 5 to 8 percent, according to the Thai Coffee Association, while local coffee cultivation in Thailand can only meet 20 percent of the market demand, the Guatemalan News Agency reported on December 23.
because Guatemalan coffee is internationally recognized as a high-quality coffee, the Thai coffee market is focused on Guatemalan coffee.
the head of the Thai Coffee Association told Guatemala's Ministry of Foreign Affairs that he hoped to reach long-term and stable cooperation with Guatemalan exporters and that Guatemala would be able to offer relatively favorable prices.
, the Thai Coffee Association has promised to work with the Guatemalan Embassy in Thailand to consolidate Guatemalan coffee's position in the Thai market.
in recent years, Guatemala and Thailand have become increasingly close to the coffee trade, with the two countries hosting two coffee fairs a year to promote awareness of Guatemalan coffee and promote the sale of Guatemalan coffee in the Thai market.
fact, Guatemalan coffee is gradually opening its doors to the South-East Asian market, and countries such as Viet Nam, Indonesia and Laos, in addition to Thailand, have entered into varying degrees of coffee cooperation with Guatemala.
latin American countries import Guatemalan coffee mainly through third-party markets.
2019, Guatemala exported 4.16 million tons of coffee, with exports exceeding $650 million, according to the National Coffee Association of Guatemala.
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