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Buoyed by a robust global demand, India’s coffee exports jumped up by 42 per cent in May this year to 80,367 tonnes.
Shipments of the brew stood at 56,690 tonnes in the year—ago period, according to the latest data by the Coffee Board.
The total export realisation rose by more than two-fold to $244.41 million in May 2011 as compared to $113.42 in the corresponding period of the previous year.
Export earnings in rupee terms rose by 89 per cent to Rs 1,008.51 crore from Rs 532.99 crore in the period under review.
The per tonne value realisation for Indian coffee was higher in May, 2011, at Rs 1,35,442 per tonne, compared to Rs 94,018 per tonne in the year—ago period.
In the first eight months of the coffee year 2010—11 (October—September), the shipments of coffee rose by 44 per cent to 2,47,372 tonnes as against 1,71,704 tonnes in the year—ago period.
In the January—May, 2011 period, exports of the brew were up by 43 per cent to 1,81,308 tonnes as compared to 1,27,160 tonnes in the same period of the previous year.
India largely exports coffee to Italy, Germany, Belgium, the Russian Federation and Spain.
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