Indias coffee exports grew 11.51% to $92.42 mn in April
The Dollar Business Bureau Coffee exports from India recorded a growth of 11.5% year-on-year in April this fiscal on account of robust demand in the world markets. The country exported $92.42 million worth of coffee during the month. The country’s shipment of coffee stood at $82.88 million in the same month last year, as per the data by Ministry of Commerce. In terms of rupee, the exports witnessed a growth of 8.22% at Rs.596.17 crore in the given month. India primarily exports Arabica and Robusta varieties of the commodity, in addition to instant coffee. The country’s key export destinations are Belgium, Italy, Greece, Germany, Spain and Switzerland. Coffee is one of the world’s most extensively traded agriculture commodities. India’s share is around 4.5% in the overall ...
India cuts coffee production estimate for 2016-17 by 1%
The Dollar Business Bureau Coffee production in India is likely to be 3,16,700 tonnes for the crop year 2016-17, downward by 1.03% from the earlier estimate of expected output drop due to poor monsoon. Total coffee production in India was 3,48,000 tonnes in the crop year 2015-16 (October-September). “The overall output for 2016-17 is placed at 3,16,700 tonnes, marginally lower by 1.03% over the previous estimate of 3,20,000 tonnes for the same period,” Coffee Board said while releasing its second crop projections. While comparing to the previous year’s actual production, the coffee output this year is likely to be lower by 7.05%, it said. The production of Arabica is likely to drop to 96,200 tonnes in the current crop year from last year’s 1,03,500 tonnes, whereas ...
India cuts coffee production estimate for 2016-17 by 1%
The Dollar Business Bureau Coffee production in India is likely to be 3,16,700 tonnes for the crop year 2016-17, downward by 1.03% from the earlier estimate of expected output drop due to poor monsoon. Total coffee production in India was 3,48,000 tonnes in the crop year 2015-16 (October-September). “The overall output for 2016-17 is placed at 3,16,700 tonnes, marginally lower by 1.03% over the previous estimate of 3,20,000 tonnes for the same period,” Coffee Board said while releasing its second crop projections. While comparing to the previous year’s actual production, the coffee output this year is likely to be lower by 7.05%, it said. The production of Arabica is likely to drop to 96,200 tonnes in the current crop year from last year’s 1,03,500 tonnes, whereas ...
Rise in consumption, weak global demand hit Indias coffee exports
The Dollar Business Bureau Increasing domestic consumption and weak demand in the European markets have led to a continuous fall in India’s coffee exports. The value of coffee exported by India in April 2015 was $77.5 million, about 25% lower than that recorded a month ago, as per data issued by the Ministry of Commerce. Though India registered a marginal increase of 0.52% in coffee exports between April 2014 and March 2015, as compared to the previous year, the country’s overseas shipment is expected to fall by 5.6% during the ongoing marketing year till September. India's coffee exports are likely to decline to 4.7 million bags in the ongoing marketing year ending in September due to weak demand from ...
