The exports of coffee rose 11.49% and stood at 92,368 tonne in April - June period compared to 82,844 tonnes of coffee exported in the year-ago period, as per data compiled by Coffee Board. The unit value realization however declined to Rs 168,300 per tonne in April - June of the 2015-16 fiscal from Rs 172,558 a tonne in the year ago period. In value terms, coffee exports increased to Rs 1,554.57 crore from Rs 1,429 crore in the said period.
India’s total coffee production is estimated at 327,000 tonnes in the 2014-15 marketing year (October - September), higher than 300,390 tonnes last year. The country exports both arabica and robusta varieties besides instant coffee. Major export destinations for India coffee are Italy, Germany, Turkey, Russian Federation and Belgium among others.
Global coffee prices have been under pressure from the end of 2014 due the weakening of the Brazilian currency, real, increasing coffee exports from other big producing countries and speculation over surplus global crop. The global coffee prices have however started recovering in last two weeks after International Coffee Organisation (ICO) has projected 3.3% fall in the world output in 2014-15.