India’s coffee exports were flat in 2014-15 season

The unit value realisation increased by 5.4% to Rs. 171,065 per tonne from Rs. 162,255 per tonne in the previous year, according to data available with the Coffee Board.

India’s coffee exports remained flat at 301,647 tonne in the 2014-15 season ending in September compared to 303,250 tonne in the previous crop year due to lower domestic production and decline in international prices.

In value terms, Indian exporters earned Rs. 5,160 crore in 2014-15 compared to Rs. 4,920 crore.

In US dollar terms, export earnings grew marginally to US$817mn from US$807mn in the previous crop year.

The unit value realisation increased by 5.4% to Rs. 171,065 per tonne from Rs. 162,255 per tonne in the previous year, according to data available with the Coffee Board.

Exporters also suffered due to reduction in export benefit by 2% under Vishesh Krishi and Gram Udyog Yojana (VKGUY) announced in the Foreign Policy 2015, according to Coffee Exporters’ Association President Ramesh Rajah. This led to slowdown in exports from April-June quarter, he adds.