The export of coffee stood at 163,615 tonnes in the first five months of the ongoing 2016-17 fiscal, despite lower value realization. According to data compiled by the Coffee Board, this is a rise of 18.15% compared to shipment of 138,479 tonnes of coffee in the April-August period of 2015-16 fiscal. There has been an increase in the export of robust variety of coffee bean as well as instant coffee during the April-August of 2016-17 fiscal.
The export realization however remained lower at Rs 1,49,482 per tonne in the first five months of this year, as against Rs 1,68,408 per tonne in the year-ago period. The main buyers of Indian coffee are Italy, Russia, Germany, Belgium and Turkey which account for over 50% of coffee exports.
The production of coffee is estimated to decline by 8.75% to 3,20,000 in the 2016-17 crop year when compared with 3,48,000 tonnes in the previous year, due to lack of timely rains and high temperature during the crucial flowering stage.