April-August coffee exports up 5.85% at $520 million on higher prices

India’s coffee exports raise 5.85 percent at US$ 520.45 million in April-August this fiscal year from US$ 491.65 million in the same period last year due to higher prices. However, the quantities decreased by 5.71 percent to 1.65 million tons compared to 1.75 million tons a year earlier. In rupee terms, exports grew 11.62 percent to ₹ 4,282 billion from ₹ 3,836 billion a year ago. According to the latest data from the Coffee Board, the unit value realized by Indian exporters was over ₹ 2.58/tonne in April-August, up from ₹ 2.18/tonne a year ago. In the first eight months of the calendar year 2023, the volume of coffee exports decreased to 2.74 million tons compared to the previous year. In terms of shipment value, shipments rose 4.25 percent to $831.43 million from $797.50 million last year. The rupee value of shipments grew faster at ₹ 6,843 (₹ 6,136 in the same period last year). India exports two thirds of the coffee produced in the country. India-grown coffee shipments fell marginally to 2.06 lakh tonnes (2.23 lakh tonnes) in January-August, mainly due to lower Robusta exports. However, re-exports increased to 68,257 tonnes (63,286 tons). India imports Robusta coffee mostly from countries like Vietnam for re-export as value-added coffee. Arabica parchment shipments increased to 30,458 tonnes (28,079 tonnes) in January-August, while Arabica cherries were almost flat at 6,323 tonnes (6,381 tonnes). Robusta parchment shipments fell to 22,492 tonnes (24,217 tonnes), while Robusta cherry exports fell 1.19 lakh tonnes (1.41 tonnes). Italy remains the largest buyer of Indian coffee (41,180 tons), followed by Germany (27,380 tons) and the Russian Federation (20,553 tons).

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