India’s coffee exports witnessing decline, hit 9-year low in dollar value terms in FY20,says report


India’s coffee exports have seen a steady decline in the last decade amid growing need for value addition across multiple stages of coffee processing globally and rising demand for specialty coffees, according to a report. India exported nearly USD 720 million worth of coffee in 2020-21, out of which 42 per cent mainly constituted the Robusta coffee beans exports, according to a report by global trade finance company Drip Capital, which quoted the data from Directorate General of Foreign Trade (DGFT). According to the report, India’s coffee exports have dropped at an annual decline of 3 per cent between 2011-12 till 2020-21.

 In FY12, India’s coffee exports, the eighth-largest producer and exporter of coffee by volume, stood at USD 953 million. According to the report, the fall can partly be attributed to Covid-19, where in FY2019-20, India’s overall coffee exports reached a 9 year low in dollar value terms and plummeted by 44% in April 2020.

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