TS sees 54% rise in coffee exports: Report

During the pandemic, Telangana witnessed a 54 per cent rise in coffee exports, bringing the export figure to $20 million in the financial year 2020-21 from $13 million during the previous fiscal. The elevation in coffee exports can be attributed to a rise in demand for convenience during the pandemic, leading to increased export value realisation for instant coffee.

Drip Capital Inc, a global trade finance company, recently released a report examining the coffee trade across different regions of India. As of FY20, the export volume of instant coffee has grown at a 10-year Compounded Annual Growth Rate (CAGR) of 4 per cent and the export value has increased at a CAGR of 8 per cent. From analysing proprietary and publicly available data, getting insights from coffee exporters in the country, to understanding several emerging market trends brewing in the industry, Drip Capital's report speaks in-depth about the dynamics of the coffee sector. Indian exporters should continue to stay abreast of developing trends in the instant coffee exports market, it says.

Pushkar Mukewar, Co-Founder and CEO of Drip Capital, said: "As a commodity, instant coffee enjoys the product feature of convenience- a quality in high demand and vital to today's global, fast-paced life. Also, to boost India's overall coffee exports, many other Indian States could benefit from mimicking Andhra Pradesh by setting up several coffee processing plants."