Coffee exports up by 29 p.c.

September 05, 2011 07:04 pm | Updated 07:04 pm IST - New Delhi

A collection of different varieties of coffee beans. The realisation of coffee price in the first five months of 2011-12 fiscal rose by 37 per cent to Rs. 1,35,737 per tonne. File Photo: Sampath Kumar G.P.

A collection of different varieties of coffee beans. The realisation of coffee price in the first five months of 2011-12 fiscal rose by 37 per cent to Rs. 1,35,737 per tonne. File Photo: Sampath Kumar G.P.

Buoyed by robust global demand, India’s coffee exports rose by 29 per cent to 1,68,094 tonnes in the April-August period of the current fiscal.

The country had shipped 1,30,048 tonnes of the brew in the same period of the previous fiscal.

The realisation of coffee price in the first five months of 2011-12 fiscal rose by 37 per cent to Rs. 1,35,737 per tonne compared to unit value of Rs. 99,271 per tonne in the same period last fiscal, according to the Coffee Board data.

In value terms, shipments of the brew increased by 77 per cent to Rs. 2,281.66 crore during April-August of the 2011-12 fiscal as against Rs. 1,291.01 crore in the year-ago period.

In the first eight months of the current calender year, coffee exports rose by 34 per cent to 2,68,169 tonnes compared to 2,00,517 tonnes in the same period of the previous year.

In the October-August period of the coffee year 2010-11, shipments rose by 36 per cent to 3,34,031 tonnes, against 2,45,061 tonnes in the year-ago period.

Coffee year runs from October to September.

India largely exports coffee to Italy, Germany, Russia, Belgium and Spain.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.