12-Nov-2013
Global coffee exports touched a record 110.2 million bags in the 2012—13 marketing year on significant rise in shipments from Brazil, Indonesia and Colombia, the International Coffee Organisation (ICO) said.
Exports from India, on the other hand, fell marginally to 5.16 million bags in the same period. World coffee exports stood at 107.71 million bags in the 2011—12 marketing year that runs from October to September the global body said.
“Despite a slight decrease in September, total exports for 2012—13 reached a record volume of 110.2 million bags,” ICO said in its latest report. One bag has 60 kilo coffee.
Of the total exports, Arabica variety of coffee comprised of 68.5 million bags, while Robusta shipments were 41.7 million bags in the same period, it said.
“The most dynamic growth over the last few years has been in exports of Robustas, which reached a record 41.7 million bags, accounting for 37.8 per cent of the world total and 2.1 per cent higher than 2011—12,” the ICO said.
Barring India and Vietnam among top five coffee exporters, the shipments from Brazil, Indonesia and Colombia remained robust in the 2012—13 marketing year.
Export from Brazil, the world’s largest coffee exporter, increased to 30.94 million bags in 2012—13, as compared to 28.86 million bags in the same period last year.
Similarly, the shipments from Indonesia, the world’s third largest coffee exporter, increased to 10.63 million bags from 8.64 million bags, while shipments from Colombia rose to 8.84 million bags from 7.29 million bags in the review period.
However exports from India, the world’s fifth largest coffee exporter, fell to 5.16 million bags in the 2012—13, from 5.36 million bags in the previous year.
The shipments from Vietnam, the world’s second largest coffee exports, also dropped to 19.99 million bags from 21.70 million bags in the review period.
Source:- thehindubusinessline.com
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