Indian coffee gaining momentum: Exports increased by 40 percent in April-February period of current F/Y
India’s coffee exports rose 40 per cent to $1.54 billion in the April-February period of the current fiscal year from $1.10 billion in the same period last year. This information was given by the Ministry of Commerce. According to official data, coffee exports rose 22 per cent to $178.68 million in February as against $146.08 million in the same period last year.
Top export markets for Indian coffee include Italy, Germany, Russia, Belgium, UAE and the US
In Indian rupees, the country’s coffee exports rose 43.37 per cent to Rs 13,004.75 crore in the April-February period of the current fiscal year from Rs 9,070 crore in the same period last fiscal. Top export markets for Indian coffee include Italy, Germany, Russia, Belgium, United Arab Emirates (UAE) and the US.
India is the seventh largest producer and fifth largest exporter of coffee in the world
India is the seventh largest producer and fifth largest exporter of coffee in the world. Coffee prices are at record levels due to supply shortages caused by adverse weather in the largest coffee producing countries Brazil and Vietnam. India exports more than two-thirds of the over 3.5 lakh tonnes of coffee produced domestically.
India’s coffee exports have almost doubled in the last four years to reach $1.29 billion in FY 2023-24
According to a statement released by the Ministry of Commerce and Industry on Monday, India’s coffee exports have almost doubled in the last four years to reach $1.29 billion in FY 2023-24 from $719.42 million in 2020-21. With this, the country has become the seventh largest coffee producing country globally.
Coffee in India is grown mainly in the Western and Eastern Ghats, regions famous for their biodiversity
Coffee in India is grown mainly in the Western and Eastern Ghats, regions famous for their biodiversity. Karnataka leads the coffee production, contributing 2,48,020 metric tonnes in 2022-23, followed by Kerala and Tamil Nadu.
Due to the rise of cafe culture, higher disposable income and increasing preference for coffee over tea, coffee consumption in India is also increasing steadily. Domestic consumption in the country is expected to increase from 84,000 tonnes in 2012 to 91,000 tonnes in 2023.
