Explorer

Coffee Export From India Decline 5.4% In 2023

As per the Coffee Board of India's latest data, exports of Robusta coffee beans have declined 15 per cent to 1.87 lakh tonne in 2023, from 2.20 lakh tonne in the previous year

India’s coffee exports declined to 5.4 per cent due to a fall in the shipment of Robusta coffee in 2023, according to the official data. India exported 3.77 lakh tonnes of coffee in 2023 compared to 3.98 lakh tonnes in 2022. India is Asia's third-largest producer and exporter of coffee, which grows and exports Arabica and Robusta variants of coffee.

Notably, compared to Robusta coffee beans, Arabica coffee beans have less caffeine in them. Robusta tends to be more bitter and harsher on the taste buds, whereas Arabica has a sweeter, smoother flavour.

As per the Coffee Board of India's latest data, exports of Robusta coffee beans have declined 15 per cent to 1.87 lakh tonne in 2023, from 2.20 lakh tonne in the previous year. However, the export of the Arabica coffee bean climbed 5.79 per cent to 46,869 tonnes in 2023 from 44,302 tonnes in the last year.

In addition, according to the Coffee Board's data, even the export of instant coffee rose by 6.68 per cent to Rs 1.42 lakh tonnes as compared to 1.33 lakh tonnes in the previous year.

When it comes to the value of the total coffee exports, the value stands at Rs 9,580.58 crore during 2023. The unit value realisation was Rs 2,54,104 per tonne. For India, Italy, Russia, the UAE, Germany, and Turkey are the major coffee export destinations.

The nation's overall coffee production for the 2023–24 marketing year (October–September) is expected to reach 3,74,200 tonnes, according to the board's post–blossom projection. This is more than the 3,52,000 tonne actual output for the previous year.

Meanwhile, In terms of value, India's coffee exports reached a record high in 2023 due to rising worldwide prices. This is true even if volumes have decreased as a result of lower offtake by significant customers in Russia and Europe.

ALSO READ: Upcoming Budget To Likely Boost Allocations For Farm Sector Schemes And Enhance Rural Economy, Say Experts

Top Headlines

Planning To Trade? Stock Markets Closed On May 1, Check Full Holiday Schedule
Planning To Trade? Stock Markets Closed On May 1, Check Full Holiday Schedule
April Market Rally: 479 Of 500 Stocks Gain As Dalal Street Stages Strong Comeback
April Market Rally: 479 Of 500 Stocks Gain As Dalal Street Stages Strong Comeback
Big Update For Govt Employees: 8th Pay Commission Deadline Extended To May 31
Big Update For Govt Employees: 8th Pay Commission Deadline Extended To May 31
Dalal Street Witnesses Fall After Fed Holds Rates, Sensex Declines 500 Points, Nifty Tests 24K
Dalal Street Witnesses Fall After Fed Holds Rates, Sensex Declines 500 Points, Nifty Tests 24K

Videos

Exit Poll Debate: BJP Claims Massive Win in Bengal, TMC Rejects Trends as Clash of Narratives Intensifies
West Bengal Exit Poll Buzz: BJP Claims Upswing, TMC Faces Downtrend Ahead of Final Verdict
Anti-Encroachment Drive: Bulldozers Demolish Illegal Structure in Dwarka, Gujarat Action Intensifie
Post-Poll Violence: BJP Agent’s House Attacked in Behala, Kolkata Tensions Rise After Voting
Crime Break: ₹50K Rewarded Triple Murder Accused Jeetu Saini Killed in Bulandshahr Encounter

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget