Breaking News

You are here » Indian-Commodity  :  Commodities  :  Coffee  :  Global coffee exports rises by 7% to 56.1 million bags in first half of current year


Global coffee exports rises by 7% to 56.1 million bags in first half of current year

The export of global coffee has risen by 7% to an all-time record volume and stood at 56.1 million bags in the first half of the current year, as compared to exports which stood at 52.41 million bags in the October - March period of the 2011-12 coffee year, as per report compiled by the International Coffee Organization (ICO). This jump is due to a significant spurt in shipments from Vietnam and Indonesia. The increase has also been driven largely by strong growth in shipments of robustas, which rose by 15% to 22.2 million bags in the first six months of this year. Coffee year runs from October to September period and one bag contains 60 kg of beans.

Brazil, the world's leading coffee exporter, has exported nearly 16 million bags so far in the 2012-13 coffee year, 0.8% more than in 2011-12 period. Coffee exports from Vietnam, the world's second biggest exporter, rose by 9.5% to 12.4 million bags. Besides, the world's third biggest coffee exporter, Indonesia, also recorded a strong increase of 71.4% to reach 5.2 million bags, although there was a slight decrease by India to 2.5 million in the first six months of this year.

Further, coffee exports from Africa increased by 30.2% and stood at 5.4 million bags, its highest level since 2002-03. Uganda was the top exporter in Africa, at 1.6 million bags, followed by Ethiopia at 1.4 million bags. Mexico and Central America recorded modest increase of 4.9% with exports of 7.4 million bags representing the highest level since 2000-01.

Among coffee varieties, export of Colombian Milds and Brazilian Naturals also increased year-on-year, by 12% and 8.2%, to reach 4.9 million and 17.3 million bags, respectively. Exports of Other Milds, on the other hand, fell by 8.3% compared to 11.7 million bags in the review period. The total production in 2012-13 crop year is estimated at 144.7 million bags.

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

Sun Pharma receives Australian TGA approval for ILUMYA

Sun Pharmaceutical Industries has received the Australian Therapeutic Goods Administration (TGA) approval for its specialty product, ILUMYA (tildrakizumab) for the treatment of adults with moderate-to-severe......

TCS features as leader in Everest Group PEAK Matrix for F&A Digital Augmentation Suite

Tata Consultancy Services (TCS) has been positioned as a leader in the Everest Group PEAK Matrix for Finance and Accounting (F&A) Digital Augmentation Suite (DAS).Cited as a strength is the company's......

Infosys enters into exclusive partnership with Trinity College

Infosys has entered into an exclusive partnership with Trinity College to create new educational programs that prepare liberal arts students and Infosys employees for the digital workplace of the future.......