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Coffee exports increased 44.73 per cent in the first half of the calendar year to 2.20 lakh tonnes against 1.52 lakh tonnes exported in the same period last year.
Exports in rupee terms nearly doubled to Rs 3107.49 crore against Rs 1532.10 crore in the same a year ago. In dollar terms, it is up 109.78 per cent at $679.19 million against $323.75 million. In terms of unit value realisation, Indian coffee fetched Rs 1.41 lakh for a tonne against last year's Rs 1 lakh a tonne.
Mr M P Devaiah, General Manager, Allanasons, attributes high level of coffee exports in the first-six months is due to competitive prices offered to growers and India becoming one of the key competitive markets globally to source coffee from among the growing countries.
“The coffee flow for exports from plantations was good and regular whenever there was upward move in prices,” he added.
According to Coffee Board statistics as on May 31, arabica parchment constituted 34,683 tonnes, arabica cherry 8,510 tonnes,robusta parchment 17,651 and robusta cherry 1,06,723 tonnes. ).
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