Global coffee exports hit record 103.1 mn bags in 2010-11: ICO

NEW DELHI: World coffee exports rose by 9 per cent to a record 103.1 million bags in the 2010-11 coffee year, but shipments in September were down by almost 15 per cent at 7.04 million bags, the International Coffee Organisation ( ICO) has said.

Global outbound shipments of the brew stood at 94.3 million bags of 60-kg each in the 2009-10 coffee year (October-September), as per ICO data.

"Exports in the coffee year 2010-11 have increased by 9.4 per cent to 103.1 million bags - a historical record volume - compared to 94.3 million bags in coffee year 2009-10," the international body said.

However, coffee exports declined by 14.6 per cent in September, 2011, to 7.04 million bags from 8.24 million in September, 2010, it added.

On a month-on-month basis, shipments of the brew declined to 7.04 million bags in September this year from 7.21 million bags in August, 2011.

In the 2010-11 coffee year, Arabica exports stood at 66.6 million bags, as against 61.5 million bags in the year-ago period, while shipments of Robusta amounted to 36.6 million bags, compared to 32.7 million bags in the corresponding period of the previous year.