Coffee exports decline by 7% to 2.81 lakh tonnes in Jan-Oct
India's coffee exports declined by 7 percent to 2.81 lakh tonnes in the first 10 months of the current calendar year on account of drop in shipments of the robusta variety, latest Coffee Board data said.
New Delhi: India's coffee exports declined by 7 percent to 2.81 lakh tonnes in the first 10 months of the current calendar year on account of drop in shipments of the robusta variety, latest Coffee Board data said.
The country had exported 3.04 lakh tonnes of the brew in the January-October period of 2011.
Arabica exports rose by 8 percent to 54,048 tonnes in January-October of 2012 as against 50,028 tonnes in the same period of 2011, while that of robusta fell by 15 percent to 1,48,869 tonnes from 1,74,371 tonnes during the same period.
In terms of rupee, earnings from coffee export rose marginally to Rs 4,255.85 crore in January-October this year as against Rs 4,248.06 crore in the year-ago period. In Dollar terms, the earnings fell by 9.47 percent to USD 839.69 million from USD 927.60 million in the same period.
In the April-October period of this fiscal, exports of the brew were down at about 1.81 lakh tonnes as against 2.06 lakh tonnes in the same period of 2011-12 fiscal.
Coffee exports in the first month of the current coffee year were higher at 18,990 tonnes as compared to 18,220 tonnes in October period of 2011-12 coffee year (October-September).
India, the world's sixth largest coffee exporter, ships the beverage mainly to Italy, Russia, Germany, Belgium, Slovenia, Spain, among others.