Hotline: 1800 102 2007
X
Search Business Opportunities
Oct, 26 2018

India's coffee exports likely to drop 8% in 2019 as floods dent output

The coffee production is expected to fall to its lowest in five years.

India's coffee exports are likely to drop 8% to 230,000 tonnes in 2019 as plantations were hit by floods in key producing southern states. The coffee production is expected to fall to its lowest in five years.

Lower exports from India could support global prices, which are already trading near their highest in 8 and a half months.

Ramesh Rajah, President of the Coffee Exporters' Association of India, said, "Floods badly affected coffee plantations in Karnataka and Kerala. As production is going down, we will have a limited surplus for exports."

Kerala and Karnataka, which were hit by worst flood this year, together account for over 90% of India's total coffee production.

In the 2018-19 marketing year that started on October 1, India is likely to produce 310,000 tonnes of coffee. The country produced 316,000 tonnes coffee, including 221,000 tonnes of robusta and 95,000 tonnes of arabica, in the 2017-18 marketing year that ended on September 30.

"Even last year's crop wasn't good, but we have ample carry-forward stocks. But this year, carry-forward stocks are limited," Rajah said.

Comment
Related opportunities
  • Car wash / Ceramic Coating / Detailing
    About Us: WASH4SURE is Brand Name of Pragun Services Pvt. Ltd. ..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50 K - 2lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
  • Other Vocational Training
    National Award Winner for Year 2017,having 45+ centres across India..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2012
    Investment size Rs. 5lac - 10lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
  • Other Vocational Training
    Started in 2006, Indian Institute of Computer Science (IICS) is..
    Locations looking for expansion Haryana
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • “INVESTORS who are INDUSTRIOUS, with a budget of 30 LAKHS..
    Locations looking for expansion Andhra pradesh
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Andhra pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities