New Delhi, Oct 16 (IANS) As the global demand for Indian coffee surges, the country has clocked coffee exports worth Rs 7,771.88 crore in the first half of current fiscal (FY25), a massive 55 per cent increase from Rs 4,956 crore during the same period last fiscal.
This surge highlights the growing global demand for Indian coffee and marks a pivotal moment for the nation’s agricultural sector.
For the April-September period, the country exported 2.2 lakh tonnes of coffee, a rise from 1.91 lakh tonnes in the same period last year which is a 15 per cent volume increase, as per latest data by the Coffee Board of India.
There has been a significant rise in coffee price in the international markets, amid anticipated European export regulations. Coffee buyers are paying an average of Rs 352 per kg for the Indian coffee, up from Rs 259 per kg earlier.
Among the countries exporting the Indian coffee, Italy tops the chart with 20 per cent of total exports. Germany, Russia, the UAE and Belgium collectively import 45 per cent of Indian coffee.
The coffee production in India was nearly 3.6 lakh metric tonnes in the 2023-24 crop year.
During 2021-22, Indian coffee exports stood at $1.016 billion, growing by 38 per cent from the previous year 2020-21. In the year 2021-22, India was the fifth largest exporter of coffee in the world with a share of about 6 per cent of global coffee exports.
Karnataka accounts for about 70 per cent of India’s coffee output. Kerala contributes 20 per cent of India’s coffee production, positioning it as the second-largest coffee-producing state in the country. Tamil Nadu ranks third with a 5.7 per cent share. The coffee export market has been a key driver of the country’s coffee industry.
--IANS
na/
You may also like
Activist saves snake with mouth-to-mouth resuscitation
'Hooch' claims 12 lives in Bihar; 2 held
The Repair Shop fans 'well up' as expert restores historic item that saved man's life
Interdisciplinary Photographic Study Explores Patterns Of Domestic Abuse In South Asian Community Through Ancient Torture-Inspired Art
18-yr-old found dead with acid burns in Bengal, fiance arrested
Pack of howling wolves spotted right outside man's window - sparking surprising two-word reaction
Death in Paradise fans fans 'fill the void' as they find 'perfect' series replacement
Arsenal kickstart new era with victory after manager's shock resignation
Liverpool has no choice over next action as Real Madrid make Trent Alexander-Arnold decision
Post Visa Exemption, Indian Tourists In Malaysia Set To Cross 1 Million Mark Breaking Pre-Covid Record
Ayushman Bharat Scheme: Hospital Suptn. To Issue Letters To Resolve Fingerprint Issues Of Patients
'Popular' man, 22, dies suddenly as family and friends issue heart-wrenching tribute
Nithya Menen Responds To Sai Pallavi Fans Who Felt Gargi Actress Deserved National Award: There's Always Opinions - EXCL
Millet Fair Highlights Importance Of Fortified Foods & Healthy Eating
Honour killing case: SC cuts death to life term
Gujarat structures razed to clear land grab: Govt
Joel Glazer avoids awkward Gary Neville meeting after 'toxic' Man Utd rant
FP Follow Up: Controversial Halloween Party At Historic KEM Building Sparks Outrage, Political Figures Involved
Man, 20, gets hit by massive wave and dragged into sea while taking photos
'No Revenue Case To Remain Pending For Over 3 Months', Collector Asheesh Singh Gave Instructions To Revenue Officers