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India’s coffee exports soar 12% to $1.28 Billion in 2023-24

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India’s coffee exports increased by 12.22% in 2023-24, reaching $1.28 billion, driven by a surge in global demand for Robusta coffee, according to data from the commerce ministry.

In the 2022-23 fiscal year, the country exported coffee valued at $1.14 billion.

India ranks as the third-largest producer and exporter of coffee in Asia, cultivating both Arabica and Robusta varieties.

Continue Exploring: Subko Coffee Roasters reports 94% surge in sales to INR 13.5 Cr in FY23

Arabica coffee beans have less caffeine than Robusta beans. Arabica has a sweeter as well as smoother taste, whereas Robusta is usually more bitter and harsh on the palate.

In volume terms, India’s coffee shipments increased by 13.35% to 125,631 tonnes during the January-March period of 2023-24, compared to 110,830 tonnes exported in the same period in 2023.

Italy, Russia, the UAE, Germany, and Turkey stand as key coffee export destinations for India.

Continue Exploring: Indian coffee growers rejoice as robusta prices hit historic high of INR 10,080 per 50 kg bag

SnackTeam
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