India being the Asia's third-largest producer and exporter of coffee has been able to raise its shipments to 13.26 per cent to 48,330 tonnes during the first two months of this calendar year, according to the Coffee Board. India exported 42,670 tonnes in the year-ago period. Variety includes both robusta and Arabica varieties, besides instant coffee.
As per the Board's latest data, the shipment of Robusta coffee jumped 28.42 per cent to 34,090 tonnes during January-February 2019, from 26,545 to.Latest data reveals that the shipment of Robusta coffee jumped 28.42 per cent to 34,090 tonnes during January-February 2019, from 26,545 to.
Event though the export of Instant coffee showed a decline as volumes remained at 3,047 tonnes during January-February of 2019, when compared with 5,704 tonnes in the year-ago period. India was able to recover faster than ever with its other varieties. The major export destinations for Indian coffee are Italy, Germany and Russia were.
The volume of coffee re-exported also remained higher at 13,392 tonnes, as against 11,516 tonnes in the said period. However, the export of Instant coffee showed a decline as volumes remained at 3,047 tonnes during January-February of 2019, when compared with 5,704 tonnes in the year-ago period.
Some of the major exporting companies include CCL Products India, Tata CoffeeNSE -1.01 %, Olam Agro and Coffee Day Global Ltd. Coffee production is pegged higher at 3,19,500 tonnes for 2018-19 cr .
Add Comment