Global coffee output at record high in 2012-2013

 

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 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.

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.

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 Rs. 30.94 million bags in 2012-13, as compared to 28.86 million bags in the same period last year. Similarly, shipments from Indonesia, the world’s third largest coffee exporter, also increased around 20%, while shipments from Colombia rose 20% too 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 exporter, also dropped in the review period.

Supplies were sufficient to meet the export demand as total world output in 2012-13 is also estimated at a record volume of 145.2 million bags, the report said.