India’s coffee exports rose 18.6% to 214,677 tonnes in the April-October period of the current fiscal, according to the Coffee Board. Overseas shipments moved up even as export value realisation of coffee came down by 9.7%.
Traders said export realisation remained lower because of weak global prices, which have started firming
India exports both Arabica and Robusta varieties, besides instant coffee. Major export destinations for coffee are Italy, Germany, Turkey, Russia and Belgium, among others.
As per the Board estimates, coffee production in the ongoing 2016-17 crop year is pegged lower at 320,000 tonnes, as against 348,000 tonnes in the last year.
During the 2015-16 fiscal, the country had exported 319,733 tonnes of coffee.
