Chinese coffee producers are considering Bangladesh as new destination to export their products and coffee beans.
“We have been producing the best coffee in China and want to export it to Bangladesh,” said Deng Jialu, Manager of Beigui Coffee Company, when a group of Bangladeshi journalist recently visited his coffee garden and production unit in Simao District, Pu'er City of Yunnan Province in China.
The Beigui Coffee Company is the producer of one of the most popular brands in China. It has a number of coffee gardens in 400 hectares of land, accounting for 2.8% of the coffee planting area in Simao District, and an annual output of more than 7200 tons of fresh coffee fruits, accounting for 6.5% of the annual output of fresh coffee fruits in Simao District.
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Deng informed that many international coffee brands like Nestle, and Starbucks has been importing coffee beans from his company to supply it across the world.
“We’re looking for new destinations in South and South East Asia. Bangladesh could be our next destination as consumption of coffee is rising fast”, he said.
According to Observatory of Economic Complexity (OEC), an online data visualization platform on global trade, in 2021, Bangladesh imported $1.53M in Coffee, becoming the 136th largest importer of Coffee in the world. In the same year, Coffee was the 792nd most imported product in Bangladesh. Bangladesh imports Coffee primarily from: Singapore ($650k), United Arab Emirates ($557k), United States ($88.7k), Netherlands ($46.9k), and Australia ($43.5k).
According to international research firm Statista, as of June of the coffee crop year 2021/22, China produced around two million 60-kilogram bags of coffee, up from 1.8 million in the previous year. The majority of the coffee produced in China comes from Yunnan province.
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Xinhua news agency reported in October 2022, the import volume of coffee beans in China reached 122,700 tonnes in 2021, up 74 percent year on year. Since the beginning of that year, the export volume of coffee beans in southwest China's Yunnan Province had reached 18,000 tonnes, with a value of 550 million yuan, up 2.3 times and 3.8 times respectively.