India’s coffee exports in the April-September period of the current financial year rose marginally in rupee value terms on higher realisations aided by a weaker currency. This is despite a decline in volumes during the period.
Coffee shipments were valued at ₹2,788.9 crore during the period, up 1.12 per cent over the same period last year’s ₹2,757.89 crore. However, in dollar terms, the shipments were lower by about 6 per cent at $370.98 million as against $394.79 million in the corresponding period last year.
In volume terms, the shipments for the period were down by 7.45 per cent at 1.64 lakh tonnes as against 1.77 lakh tonnes last year. The average per unit realisations were up 9.3 per cent y-o-y at ₹1,69,865 per tonne as against ₹1,55,448 per tonne.
Ramesh Rajah, President of the Coffee Exporters Association, said the outlook for the next few months is not that great. “We