- Occasional

- There was a shortage of coffee beans

- Decision to organize the Fifth World Coffee Conference Conference 2023 in India from September 25 to 28 at Bangalore

The equations in the coffee market and industry sector in the country and at the global level have recently seen a reversal. In the world market, coffee prices have recently gone up. Arabica coffee futures hit a new four-week high with September futures reaching $1.66 to $1.67 per tonne, while robusta coffee futures settled at $2,635 to $2,640 per tonne for September futures. The coffee market experts said that the coffee export from India to the world market in the period of six months from January to June this year has decreased slightly to 2 lakh 18 to 19 thousand tons. Some sections of the market were fearing a further decline in coffee exports due to high prices and shortage of robusta coffee beans. About 70 percent of the coffee produced in India is exported, while the remaining 30 percent is consumed domestically. is

Coffee is mainly consumed in India especially in the states of South India. However, now the demand for coffee in the cities and towns of various states of Gash has been seen increasing as the currency of coffee is increasing among the youth. Coffee exports from India increased to a record 4 lakh tonnes in the year 2022. However, exports have slowed slightly this year. About 70 percent of the coffee production in India is Robusta type coffee and 30 percent is Arabica coffee. According to sources in the coffee market, the production of robusta coffee in the crop year 2022-23 has actually decreased compared to the estimate of the production of robusta coffee by the coffee board!

Karnataka has the highest production of coffee in the country followed by Kerala state. Domestic Robusta coffee prices have been around 30 to 40 percent higher than last year. In the world market, the production of coffee in Vietnam and Indonesia is less than expected. Robusta coffee prices in the world market recently reached a high of $2,800 per tonne at the end of May, marking a new 15-year high. However, after that, the prices of about 300 dollars per ton decrease were received from overseas. European countries importing coffee from India are now becoming more serious about prices, and recently there were signs that European countries are also turning to other countries that provide cheap goods for coffee. Robusta coffee is in short supply in India and the new crop is still 5 to 6 months away. The coffee board sources recently showed that the production of coffee in India is likely to increase by 6.25 percent to 3 lakh 74 thousand tons in 2023-24. In the previous season, such production in the country was 3 lakh 52 thousand tons. According to the Coffee Board, in 2023-24, the production of Arabica coffee in the country is likely to increase to 1 lakh 13 thousand tons and the production of Robusta coffee is likely to increase to 2 lakh 61 thousand tons. Apart from Karnataka and Kerala, Andhra Pradesh and Orissa are also starting to cultivate coffee. Meanwhile, demand for India-grown Monsoon Malabar coffee and Robusta Cupi Royal has recently seen a surge in overseas markets. In 10 years, the export of such coffee has increased by about 50 percent. Japan, Korea, Australia Vs. Meanwhile, there is news that the Fifth World Coffee Conference 2023 has been decided to be held in Bangalore from September 25 to 28 in India. Farm-gate prices have been seen increasing since the start of the coffee season in India. Prices were seen rising amid estimates of lower-than-expected coffee supplies. The production cost of coffee has also increased.