Despite the difficult Corona period, coffee exports increased by Rs. 3400 crore

- As the premiums in the coffee export market have come down, many new countries have started buying Indian coffee!

The use of tea as a traditional beverage has been on the rise in the country, but in recent years, the trend towards coffee has also increased. Coffee market experts say that the consumption of coffee has increased recently, especially among the youth. In addition to the big metro cities, coffee consumption has also increased in small towns and many outlets serving only coffee have also started. Earlier, coffee was consumed in the country mainly in the states of South India but now the aroma of coffee has spread to other states of the country as well. However, in recent times in the country and in various overseas countries, corona infestation and butterfly lockdowns have led to a ban on hotels, restaurants, various ceremonies, etc. Has been seen growing. Such demand has led to an increase in consumption, especially of instant coffee, market sources said. Recently, however, as the second wave of Corona at home and abroad has subsided and the situation has returned to normal, the demand for coffee in the coffee market is expected to pick up.

Meanwhile, the recently released figures of the coffee export sector from the country, however, have been encouraging, market sources said. The total coffee exports from the country in the first six months of the current fiscal year 2021 to January to June have shown indications of an increase of about 15 to 18 per cent. During this period, coffee exports from the country have increased to about ૪૬ 4 to ૪૭ 30 million. In the last six months of the year 2020, coffee exports were around ૩૯ 2 to કરોડ 500 million. Thus this year has seen an encouraging growth in exports. India's coffee exports to Belgium have increased significantly this year. Export figures have also been promising in terms of rupee. Exports of coffee from the country increased from about Rs 30-9 crore in the first six months of 2020 to Rs 30-40 crore in the current year of 2021. Coffee industry insiders say that the export price of coffee to India has also gone up as the price of coffee has gone up in the global market this year. Last year, the price of coffee per tonne in the export market was around Rs 1 lakh 3 to 4 thousand for Indian exporters. Compared to last year, this year's export figures are looking positive because some sections of the market are also saying that coffee exports were lower last year. With the recent decline in corona infestation in Europe and the normalization of conditions there, India's coffee exports to Europe are expected to pick up again. In August and September, shipments of coffee exports are expected to pick up, according to world market experts. In April, May and June this year, coffee exports increased by about 15 to 18 per cent to over 1 lakh tonnes. Which was around 6,000 tonnes during the same period last year.

However, in the six months from January to June this year, demand for Italian coffee from Italy and Germany was lower than expected. Exports of Indian coffee to Italy in the first six months of this year have been around 4,500 to 700 tonnes, up from around 4,000 tonnes in the same period last year. Coffee exports from India to Germany also declined in the first six months of this year to around 15,200 to 200 tonnes from about 12,500 to 700 tonnes in the January-June period last year.

Meanwhile, the good news for India from the coffee export market is that India's demand for coffee in Libya, Egypt v. There are signs that the country is moving towards North African countries. Exports of Indian coffee to Libya have increased by about 3 to 4 per cent this year, according to export market sources. Coffee exports to Libya have risen to about 500 tonnes this year, up from 500 tonnes last year, according to sources in the Coffee Exporters Association, pointing to the changing trend. The slowdown in demand from Italy and Germany has led to a drop in premiums in India's coffee export market, which has led to new countries buying buyers of Indian coffee, the sources said. In addition to Libya, Algeria, Morocco v. Demand from countries has also seen an increase.