Coffee exports down 10% to 1.49 lakh tonnes in Apr-Aug

Coffee exports down 10% to 1.49 lakh tonnes in Apr-Aug

 India's coffee exports fell by 10 per cent to 1,49,426 tonnes in the first 5 months of the current fiscal, the Coffee Board of India has said.

The country had shipped 1,65,498 tonnes of the brew in the April-August period of the 2011-12 fiscal.In terms of earnings, exports fell marginally to Rs 2,258.73 crore in April-August this fiscal from Rs 2,248.62 crore in the year-ago period.

In US Dollars, earnings declined by 12 per cent to USD 439.39 million from USD 501.41 million in the reviewed period.

In the first 11 months of the current coffee year, the exports were down by 7 per cent to 3,06,238 tonnes, compared to 3,28,867 tonnes in the October-August period of the 2010-11 coffee year (October-September).

For the January-August period of the current calender year, the shipments fell by 5 per cent to 2,49,697 tonnes from 2,63,652 tonnes in the same period of 2011.

Exports of arabica variety of coffee rose to 49,187 tonnes in the January-August period of 2012 from 46,942 tonnes in the year-ago period, while that of robusta fell to 1.36 lakh tonnes from 1.50 lakh tonnes in the same period.

The country had exported a record 3.48 lakh tonnes of the brew worth Rs 4,888.30 crore in 2011-12, compared to 3.16 lakh tonnes worth Rs 3,674.98 crore in 2010-11.