Coffee exports from the country are likely to bounce back from a nine-year low

- Exports boosted to 1 billion target: Signs of increased domestic coffee production

Circumstances have recently changed in the country's coffee markets. Demand for this specialty has grown significantly as a result of recent lockouts. However, now that the lockdown has eased and the process of reopening has begun in the country, there are indications that the demand for bulk consumption in the coffee market is also increasing. Globally, as the reopening process begins in various countries and hotels and restaurants begin to reopen, the demand for such overseas coffee in India is likely to increase. Meanwhile, coffee exports from India are expected to cross the એક 1 billion mark in the current financial year 2021-2, reaching ૭ 1.08 billion. Exports of coffee from the country in the financial year 2020-21 were around લાખ 4 million in dollar terms and now in the current financial year such exports have increased by about 4 to 5 per cent as compared to ૨ 1 billion as compared to ૨ 1 billion in the market. Has been seen. According to sources in the government-owned Coffee Board, the central government has set a target of increasing the total exports of various items from the country to સપાટી 200 billion annually, of which the coffee market and industry have set a target of increasing coffee exports to over અ 1 billion. Said. However, the export target set by the government for coffee exports is a challenging target and market experts say serious efforts will have to be made to achieve this target.

Meanwhile, the coffee market and the industry are now eyeing the new crop. Harvesting of a new crop of coffee in the country is likely to start in December. In the first phase, experts predict that coffee production in the country will increase to around 4.5 lakh to 4.50 lakh tonnes in the coffee year 2021-21. Last year, the coffee crop in the country was around 2.50 to 4.5 lakh tonnes in the 2060-21 coffee season and now in the current season of 2021-21, the crop has grown by about 10 to 11 per cent, setting a new record high of 4.5 to 2.50 lakh tonnes. Connoisseurs are showing hope for Ambi at the present stage. However, the market is keeping an eye on the weather from now on and it will take some time for the picture of the new crop to clear, said sources of coffee growers. Meanwhile, in the first six months of the current financial year, coffee exports from the country increased by about 30-9 per cent to ૪૮૭ 4 million as compared to the same period last fiscal, government sources said. Brazil has also given reasons for the increase in coffee exports from India. Coffee production in Brazil has fallen short of expectations due to unfavorable weather conditions, leading to higher coffee prices in the world market, which has created an advantage for India, according to export market insiders. Coffee exports from India have risen sharply in dollar terms as global market prices have risen, while export growth in terms of volume has been slightly lower. About two-thirds of the total coffee production in India is exported from India. Colombia's mild coffee ranks first in the world coffee export market, followed by India's Arabica coffee, world market sources said. In terms of quality in the world market, Indian coffee is put on par with Brazilian coffee. Robusta type coffee made in India has been highly acclaimed in the world market. The Centre's Commerce Ministry is paying special attention to increase coffee exports from India. This year, buyer-seller meetings were organized by the Ministry of Commerce and the Coffee Board to boost coffee trade with about a dozen countries, and this has had a positive effect on coffee exports. Coffee exports, which rose from ૯૯૯૭ 5 million to ૯૯૯૮ 8 million in 2011-12, fell to a nine-year low of ૭૩૪ 2 million in 2012-13, and now bounce back.