Don’t miss the latest developments in business and finance.

India's coffee exports rise 13.4% in 2015-16

According to the post-monsoon estimate, the country's coffee output is pegged at 3,50,000 tonne for the 2015-16 crop year against 3,27,000 tonne in the last year

Image via Shutterstock
<a href="http://www.shutterstock.com/pic-125466521.html" target="_blank">Image</a> via Shutterstock
Press Trust of India New Delhi
Last Updated : Apr 05 2016 | 1:00 AM IST
India's coffee exports rose 13.4 per cent to 3,19,733 tonnes in 2015-16 over the previous year. “Though unit value realisation remained less due to lower global prices, the overall quantity of exports were up 13.39 per cent, as there was increase in shipments of value-added products like instant coffee," an official of Coffee Board said.

In value terms, total exports increased to Rs 5,204 crore in 2015-16, from Rs  4,877 crore in 2014-15, Due to weak global prices, unit value realisation remained lower at Rs 1,62,774 per tonne, against Rs 1,72,970 per tonne in the said period.

According to the post-monsoon estimate, the country’s coffee output is pegged at 3,50,000 tonne for the 2015-16 crop year (October- September), against 3,27,000 tonne in the last year. The harvesting of the 2015-16 crop year has been completed.

More From This Section

First Published: Apr 04 2016 | 10:32 PM IST

Next Story