Breaking News

You are here » Indian-Commodity  :  Commodities  :  Coffee  :  Export of coffee drops 4.45% at 191,055 tonnes in the first six months

03-Jul2013

Export of coffee drops 4.45% at 191,055 tonnes in the first six months

The export of coffee has dropped by 4.45% and stood at 191,055 tonnes in the first six months of the current calendar year compared to 199,969 tonnes shipped in the same period last year. The drop was due to sluggish global prices on anticipation of higher production from other countries. In value terms, the overall exports of coffee remained slightly lower at Rs 2,818.35 crore during the period against Rs 2,955.35 crore last year.

As per data compiled by Coffee Board, the export of robusta coffee fell 7% and stood at 103,296 tonnes in the first six months of 2013 against 110,983 tonnes in the year-ago period. The shipments of arabica variety fell by a little over 4% to Rs 39,367 tonnes from Rs 41,026 tonnes, while instant coffee exports declined by 32% to Rs 12,153 tonnes from Rs 17,826 tonnes. The export realization was lower at Rs 147,515 per tonne.

Due to sluggishness in global prices Indian exporters are cautious in taking orders. This sluggishness is due to higher supplies expected from major coffee-producing countries like Brazil, Vietnam and Indonesia this year. Most of the Indian coffee has been shipped to Italy, Germany and the Russian Federation.

For 2012-13 crop year(October-September) period, the board has pegged coffee production at 315,500 tonnes, a marginal increase of 1,500 tonnes over the final estimate of 314,000 tonnes in 2011-12.


Related News

View all news

Coffee exports rises 8.08% to 3.61 LT in Jan-Nov period

The exports of coffee from India rose by 8.08% to 3.61 lakh tonnes (LT) in January-November 2017 compared to 3.34 LT in the same period of last year. India, Asia's third-largest producer and exporter,......

India's coffee output pegged at record 3.5 LT in 2017-18: Coffee Board

The production of coffee in India is projected to be at record 3.50 lakh tonnes (LT) in the 2017-18 marketing year on account of higher acreage. Of the total output of 3.50 LT, the Coffee Board estimates......

Coffee exports rises 11.5% to $92.42 million in April

The exports of coffee grew by 11.5% year-on-year and stood at $92.42 million in April this fiscal compared to exports worth $82.88 million in April last year. This growth in exports is on account of strong......

Top News

View all news

RPP Infra Projects bags orders worth Rs 62.90 crore from BHEL

RPP Infra Projects has bagged orders from Bharat Heavy Electricals (BHEL), Chennai for worth of Rs 62.90 crore. The first order is for providing civil works of Boiler, Mill and Bunker, ESP area of unit......

Glenmark gets tentative ANDA approval for Abiraterone Acetate Tablets

Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted tentative approval by the United States Food & Drug Administration (USFDA) for Abiraterone Acetate Tablets USP, 250 mg, a generic......

HDFC Standard Life Insurance reports 18% rise in Q3 net profit

HDFC Standard Life Insurance has reported results for third quarter ended December 31, 2018. The company has reported a rise of 18.48% in its net profit at Rs 245.63 crore for the quarter under review......