During Jan-June, the value of shipments rises 16% at $461 m, volume up 11%
India’s coffee exports increased 16 per cent for the first six months of calendar 2021 to $460.89 million over the same period last year’s $395 million, on robust purchases by countries such as Belgium and with 1.75 lakh tonnes in the same period last year. As the global prices improved during the period, the per-unit realisation fetched by Indian exporters was higher.
Exporters’ average per unit realisation in the first half of the year stood at $2398 a tonne compared with $2310.“The export numbers are positive as last year was bad. Also, the base was low. We are seeing improved demand now as most countries are opening up in Europe, and pending orders are getting cleared. We expect shipments to pick by the end of August-September,” said Ramesh Rajah, president of, Coffee Exporters Association.
During the first half, the growth in coffee exports was despite lower off-take from large buyers such as Italy and Germany, as the Covid pandemic impacted the out-of-home consumption in these markets. Though Italy remained the top buyer of Indian coffees during the review period, volumes were down at 34,595 tonnes, some 4 per cent lower than 35,955 tonnes a year ago.
Germany, the second-largest buyer of Indian coffees during 2020, slipped to the third slot as roasters from that country bought fewer green beans. Germany bought 17,562 tonnes compared with 19,303 tonnes, a decline of nine per cent. Belgium, which displaced Germany as the second-largest buyer during the period, bought 18,285 tonnes, increasing 33 per cent over 13,723 tonnes a year ago.
India exports over two-thirds of the around three lakh tonnes of coffee produced, and Europe is the main market.
Source: The Hindu Business Line