Indian Coffee Exports Hit Record $1.68 Billion in 2024 – A 45% Surge!
Indian Coffee Exports Hit Record $1.68 Billion in 2024 – A 45% Surge!
In a historic achievement, India’s coffee exports crossed the $1 billion mark for the first time, reaching an impressive $1.68 billion in 2024. According to the Centre for Monitoring Indian Economy (CMIE), this marks a 45% year-on-year growth, driven by soaring global demand and rising Robusta coffee prices.
🚀 What’s Driving the Coffee Boom? ✔ Robusta coffee prices skyrocketed by 60%, fueled by increasing global coffee consumption. ✔ Stockpiling ahead of the EU’s new deforestation regulations, which may increase export costs.
🌍 India’s Rising Influence in the Global Coffee Market ☕ 8th largest coffee producer worldwide (2022-23). ☕ 5th largest producer of Robusta coffee, which accounts for 72% of India’s total coffee output. ☕ Brazil remains the top coffee producer, contributing 40% of global supply.
📍 Where is Coffee Grown in India? 🌱 Major producing states: Karnataka (largest), Kerala, Tamil Nadu, Andhra Pradesh, Odisha. 🌱 Key varieties: ✅ Arabica – Premium quality, higher market price. ✅ Robusta – More resilient, high global demand.
With record-breaking exports and rising global recognition, India is cementing its position as a major player in the international coffee industry. ☕🚀