Record Growth for Indian Coffee

Indian coffee exports in 2024 hit a historic high, earning USD 1,68 billion, a substantial 45% increase compared to USD 1,16 billion in 2023. This milestone showcases India’s growing role in the global coffee market, driven by strong demand from European countries like Italy and Germany. Exporters not only achieved higher revenue but also boosted shipment volumes, underscoring the industry’s resilience and quality.

Strong Demand Lifts Revenue and Volumes

The year saw Indian coffee exporters shipping 403,478 tonnes, up by 7% from 377,178 tonnes in 2023. Alongside higher volumes, prices surged, with the average export price climbing by 37% to USD 3,49 per kg, compared to USD 2,54 per kg last year.

This remarkable growth also reflected in rupee terms, with export value increasing with a gain of 47%. The combination of rising volumes and better pricing underscores the growing trust in Indian coffee globally.

Italy led the way as India’s top coffee buyer, increasing imports by 40% to 78,048 tonnes. Germany followed closely, with purchases rising by 19% to 42,587 tonnes. Other significant markets included the Russian Federation and the UAE, which contributed to the overall export momentum.

Global Trends Push Indian Coffee Forward

Unfavorable weather in Brazil and Vietnam, two leading coffee-producing nations, drove global prices to record levels in 2024. India, being the seventh-largest coffee producer and the fifth-largest exporter globally, capitalized on these market conditions. European buyers, preparing for stricter deforestation regulations, also ramped up imports from India, further boosting demand.

Exporters Steer the Industry’s Growth

Indian coffee exporters played a key role in this year’s success. Companies like CCL Products India, NKG India Coffee, Olam Food Ingredients, and Vidya Herbs ensured high-quality coffee reached global buyers on time. Their consistent performance has strengthened India’s reputation as a reliable supplier of premium coffee.

2025: Building on the Momentum

While 2024 has been a record-breaking year, the road ahead could bring challenges. A strong harvest forecast in Brazil might increase global coffee supply, putting downward pressure on prices. However, India’s focus on quality and sustainability can help it maintain its competitive edge.

For exporters, exploring untapped markets and enhancing sustainability practices will be vital. Buyers should stay attentive to price trends as global supply dynamics evolve, potentially offering opportunities for strategic purchases.

Conclusion

India’s coffee exports in 2024 demonstrated the country’s ability to adapt and thrive in a competitive global market. With record revenues and growing demand, the industry is well-placed to continue its upward trajectory. For producers, exporters, and investors, Indian coffee remains a promising sector with significant potential for growth and innovation.





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