Coffee exports up 2% in 2011-12 year

Coffee exports has risen by 2 per cent in value terms to Rs 4,800.89 crore in the last coffee year that ended in September.

The exports in volume terms, however, dropped by 8 per cent to 3.21 lakh tonnes in the period under review, according to the Coffee Board data.

The country had exported 3.51 lakh tonnes of coffee worth Rs 4,706.17 crore in the 2010-11 coffee year (October-September).

In US Dollar terms, the export earnings, however declined by 7 per cent to $ 955.88 million in 2011-12 coffee year as compared to $1,030.15 million in the year-ago period.

India, the world's sixth largest coffee exporter, ships coffee mainly to Italy, Russia, Germany, Belgium, Slovenia, Spain, among others.

In the first three quarters of the current calender year, the shipments of the brew declined by 7 per cent to 2.65 lakh tonnes from 2.86 lakh tonnes in the January-September period of 2011.

The export of Arabica variety of coffee rose to 51,380 tonnes in January-September 2012 from 48,461 tonnes in the same period last year, while, that of robusta fell to 1,42,798 tonnes from 1,64,526 tonnes in the same period.

Source: economic times Today