IBEF: January 08, 2020
According to the Coffee Board, coffee exports from India had increased to 3.50 lakh tonne in 2019 as compared 3.48 lakh tonne in the previous year.
India is the 3rd largest producer and exporter of coffee in Asia region. Countries like Italy, Germany and Russia were the major export destinations for Indian coffee last year. India ships both Robusta and Arabica varieties, besides instant coffee.
The board's data indicated that Robusta coffee exports rose 4.10 per cent to 1,86,360 tonne in 2019 from 1,79,004 tonne in 2018. However, exports of Arabica coffee witnessed a decline of 10.75 per cent to 47,341.82 tonne in 2019 from 53,049 tonne in 2018.
As compared to previous year, the outbound shipment of instant coffee fell to 27,339 tonne in 2019 from 29,146 tonne, the data showed. India exported 72,267 tonne to Italy, 37,175 tonne to Germany and 28,573 tonne to Russia in 2019, of the total coffee exports.
Some of the major exporting companies include CCL Products India, Tata Coffee, NKG India Coffee, Allanasons Pvt Ltd, Olam Agro and Coffee Day Global Ltd. Coffee production is estimated to be slightly higher at 3,19,500 tonne for the 2018-19 crop year (October-September), as per the post monsoon forecast by the Board.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.