Coffee exports may fall 15 to 20% this year

Posted by Daily Shipping Times on 24-07-2017        Tweet

KOCHI: Indian coffee exports are likely to fall 15-20% in the current year as exporters haven’t got enough orders for the coming months.

As per Coffee Board’s export data for the period from January 1 to July 17, 2017, the total export volumes were at 2,16,926 tonnes - a marginal drop compared to same period last year. “But in the coming months, the drop will widen,” said Ramesh Rajah, President of the Coffee Exporters Association of India.

Exporters are pinning their hopes on next year’s crop, which again is likely to fall short because of inadequate rains in the coffee-growing regions of Karnataka and Kerala. While growers had predicted a steep drop in Arabica last year, they feel robusta, which accounts for nearly 70% of the total coffee output in the Country, will be hit in the next crop.