Coffee exports increased 25 per cent in the first 10 months of the calendar year to 3.10 lakh tonnes compared with 2.48 lakh tonnes last year.
Coffee exports in rupee terms increased 71.02 per cent to Rs 4,334.37 crore compared with the same period a year ago. In dollar terms, it is up 75.39 per cent at $944 million. The unit value realisation of coffee was Rs 1.39 lakh a tonne against last year's Rs 1.01 lakh.
According to a senior exporter, who did not wish to be identified, “high amount of coffee exports is due to good availability of washed arabicas and robusta parchment. Also during March-June, growers got good prices (between 250 cents and 300 cents a pound) for their produce this facilitated exporters to perform well. But in the last three months, prices are averaging 230-250 cents a pound and exports are slow.”
According to the Coffee Board statistics, as of October 31 arabica parchment constituted 39,977 tonnes ( 34,420 tonnes), exports of arabica cherry were 10,684 tonnes (10,686 tonnes), robusta parchment 27,452 tonnes (26,223 tonnes) and robusta cherry 1.48 lakh tonnes (1.09 lakh tonnes). Instant coffee total exports 83,310 (67,196 tonnes), instant coffee (Indian) 42,169 tonnes (28,997 tonnes) and instant coffee re-exports 41,141 tonnes (38,310 tonnes).