India’s coffee exports declined by 15 per cent to 58,598 tonnes in the first three months of the ongoing 2011-12 coffee year, according to the latest data.
The country had shipped 68,740 tonnes of the brew overseas in the October-December period of the 2010-11 coffee year (October-September), the Coffee Board data shows.
“Coffee exports from India were around 58,598 tonnes in the first quarter of the current coffee year,” a Coffee Board official told PTI.
The data shows that coffee exports from India declined by 7 per cent to 20,000 tonnes in December, 2011, from 21,576 tonnes in the year-ago period after witnessing a rebound in November, 2011.
India’s coffee exports had surged by 22 per cent to 19,403 tonnes in November, 2011, from 15,927 tonnes in the corresponding year ago period.
However, overseas shipment of the brew from India declined by 20 per cent to 19,195 tonnes in October, 2011, from 24,119 tonnes in the same period of the previous year.
Nevertheless, India’s coffee exports rose by 28 per cent to an estimated 3.50 lakh tonnes in the 2011 calendar year from 2.74 lakh tonnes in the 2010 calendar year.
In the 2010-11 fiscal, overseas shipments of the brew rose by 50 per cent to 2.94 lakh tonnes from 1.96 lakh tonnes in the 2009-10 financial year.
However, the Coffee Board expects exports to be lower in the current fiscal.
The board estimates coffee exports to decrease by 14 per cent to 2.40-2.50 lakh tonnes in the 2011-12 fiscal from 2.94 lakh tonnes in the 2010-11 fiscal.
India mostly exports coffee to Italy, Germany, the Russian Federation, Belgium and Spain.