India’s coffee exports declined by over a eight per cent to 0.3 million tonnes (mt) till November of the current calendar year impacted by weak global prices as a result of higher supplies, according to the Coffee Board.
The country had shipped 0.32 mt of the bean in the corresponding period last year, its said. “Generally, coffee exports are doing well. But if you compare with last year’s record level, the shipments have come down due to weak global prices following higher supply from other countries,” said a senior Coffee Board official.
Global demand remained firm but less lucrative price curbed shipments despite ample domestic availability for the export purpose, he added. During the January-November period of this year, the country shipped 0.30 mt of coffee, of which robusta and arabica varieties stood at 0.15 mt and 56,018 tonnes, respectively, according to data released by the Board.
