India's Jan-Aug coffee exports flat at 2.62 lakh tonne

Coffee exports from India remained flat at 2,62,764 tonne in January-August 2018 on fall in shipments of robusta varieties and instant coffee, according to the Coffee Board.

The country had shipped 2,63,269 tonne of coffee in the same period of 2017.

India is Asia's third-largest producer and exporter of coffee.

As per the Board's data, the coffee exports remained flat both in terms of volume and value.

In value terms, total coffee exports were at Rs 4,243.77 crore during January-August 2018 as against Rs 4,360.34 crore in the year-ago period.

The unit per value realization was also lower at Rs 1,61,504 per tonne as against Rs 1,65,623 per tonne in the said period.

Much of the shipments were for Italy (62,937 tonnes), Germany (22,339 tonnes), Belgium (15,571 tonnes) and Russia (14,927 tonnes) and Indonesia (11,961 tonnes), the data showed.

Of the total coffee shipments, the export of robusta varieties dropped 11 percent to 1,38,317 tonne from 1,55,474 tonne in the year-ago period.

Even export of instant coffee dropped sharply to 19,106 tonnes from 34,089 tonnes in the said period.

However, the shipment of arabica varieties rose 19.07 percent to 43,668 tonnes from 36,673 tonnes in the year-ago period.

Re-export of coffee increased substantially to 61,439 tonnes from 36,791 tonnes in the said period.

CCL Products India, Allanasons Pvt Ltd, Olam Agro India, Coffee Day Global Ltd, Tata Coffee are the leading exporters of coffee.

India's total coffee output is pegged at 3,16,000 tonne for the 2017-18 marketing year that ends this month. The new crop has been damaged badly in the top growing state of Karnataka because of floods.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)