The Coffee Board of India has revealed that the country’s coffee exports in the 2010-11 coffee year have increased by about 34% to 3.58 lakh tons, compared to 2.68 lakh tons in 2009-10 coffee year.

The board has attributed the jump in coffee exports to the rise in global demand. According to the data from the board, Coffee exports in value terms increased to $1.048bn from $577.98m on higher realizations.

The coffee shipments of the country rose by 30% to 2.92 lakh tons, compared to 2.24 lakh tons in the corresponding period last year in the first nine months of the current calender year, reported Press Trust of India.

The exports from the country in the April-September period of the current fiscal also rose by 25% to 1.92 lakh tons from 1.53 lakh tons in the year-ago period.

India, which largely exports coffee to Italy, Germany, Russia, Belgium and Spain, accounts for 4.5% of the global coffee output, but exports 70% to 80% of this.

source: http://www.markets.drinks-business-review.com / by DBR staff writer/ October 04thy, 2011