India's coffee exports
grew by 11.5 per cent year-on-year to USD 92.42 million in April this fiscal on
account of strong demand in the global markets, compared with coffee shipped
last April worth USD 82.88 million, according to the data from the commerce
In rupee terms, the exports recorded a growth of
8.22 per cent at Rs 596.17 crore in April.
India mainly ships
robusta and arabica varieties of coffee besides instant coffee.
Though there are different flavours, robusta and Arabica are two most
commercially grown beans with Arabica claiming 70% of coffee and Robusta beans
costing less and easier to grow.
With endless coffee
stalls in countless cities all about the globe, no wonder that coffee is one of
the top commodities worldwide and it is considered globally third most consumed
beverage after water and tea.
In the global coffee
production where Brazil leads, India,
one of the top 10 coffee producers, accounts for about 4.5 percent of
the world coffee production and the industry provides jobs for more than six
India's major export destinations include Italy,
Germany, Greece, Belgium, Spain and Switzerland.
Coffee output in the
2016-17 crop year is estimated to decline to 3,16,700 tonnes from the record
level of 3,48,000 tonnes achieved last year, due to severe drought in some key
growing states, especially Karnataka.
The country's tea exports too grew by 8.25 per
cent to USD 49.74 million in April as compared to USD 45.95 million in the same
month last year.
India is the world's second biggest tea producer
and also one of the largest consumers.
The country exports CTC
(crush- tear-curl) grade tea to countries like Egypt, the UK, and other
traditional varieties to Iraq, Iran and Russia.