Coffee exports decline 7% in Jan-Oct

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Press Trust of India: New Delhi, Nov 03 2012, 02:45 IST

India's coffee exports declined by 7% to 2.81 lakh tonnes in the first 10 months of the current calendar year on account of drop in shipments of the robusta variety, latest Coffee Board data said.

The country had exported 3.04 lakh tonnes of the brew inthe January-October period of 2011. Arabica exports rose by 8% to 54,048 tonnes in January-October of 2012 as against 50,028 tonnes in the same period of 2011, while that of robusta fell by 15% to 1,48,869 tonnes from 1,74,371 tonnes during the same period.

In terms of rupee, earnings from coffee export rose marginally to R4,255.85 crore in January-October this year as against R4,248.06 crore in the year-ago period.

In Dollar terms, the earnings fell by 9.47% to $839.69 million from $927.60 million in the same period.

In the April-October period of this fiscal, exports of the brew were down at about 1.81 lakh tonnes as against 2.06 lakh tonnes in the same period of 2011-12 fiscal.

Coffee exports in the first month of the current coffee year were higher at 18,990 tonnes as compared to 18,220 tonnes in October period of 2011-12 coffee year (October-September). India, the world's sixth largest coffee exporter, ships the beverage mainly to Italy, Russia, Germany, Belgium, Slovenia, Spain, among others.

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