Global coffee exports dip 12% in Apr: ICO bl-premium-article-image

PTI Updated - March 12, 2018 at 01:01 PM.

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World coffee exports declined by nearly 12 per cent to 8.77 million bags in April this year, International Coffee Organisation (ICO) has said.

The worldwide overseas shipments of the brew stood at 9.93 million bags of 60 kg each in the same month of 2011.

This is the second straight month of decline in exports of the brew after global export volumes rose by 7 per cent to 9.32 million bags in February, 2012 from 8.67 million bags in the year—ago period.

World coffee shipments declined by almost 7 per cent to 9.88 million bags in March, 2012 from 10.59 million bags in the year—ago period.

In the first seven months of the current coffee year, exports fell by 4 per cent to 60.3 million bags from 62.83 million bags in the October—April period of the 2010—11 coffee year.

For the 12 month period ending April 2012, total coffee shipments were down at 101.99 million bags as against 103.35 million bags in the year—ago period.

Published on June 4, 2012 08:31