Tuesday, June 7, 2011

Coffee exports jump 42.51 pc in Jan.-May

COFFEE exports surged 42.51 per cent to touch 1.81 lakh tonnes in the first five months of 2011, against 1.27 lakh tonnes in the same period of 2010.

In rupee terms, exports nearly doubled to Rs 2,546.95 crore compared to Rs 1,274.06 crore posted in the same period of 2010.

In dollar terms, the figure is up 107.89 per cent at $559.08 million against $268.92 million, while in terms of unit value realisation Indian coffee fetched Rs 1.41 lakh a tonne against last year's Rs 1 lakh a tonne.

Coffee Board statistics, as on May 31, indicate that Arabica parchment constituted 30,237 tonnes (last year's exports stood at 19,193 tonnes), exports of Arabica cherry was 7,476 tonnes (6,827 tonnes), Robusta parchment was 13,657 tonnes (11,058 tonnes) and Robusta cherry was 87,493 tonnes (56,847 tonnes). Besides, total exports of Indian instant coffee stood at 21,283 tonnes (11,798 tonnes), while re-exports added up to 21,005 tonnes (21,288 tonnes).

During the coffee year (October 2010 to May 2011), total exports stood at 2.47 lakh tonnes as compared to 1.71 lakh tonnes in the same period of the earlier year.

In rupee terms, exports amounted to Rs 3,286.46 crore against Rs 1,749.59 crore registered in the same period of the previous year.

In dollar terms, the final export figure was $716.75 million against $364.26 million, while unit value realisation amounted to Rs 1.32 lakh a tonne against last year's realisation of Rs 1.01 lakh a tonne.

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