India’s coffee exports are likely to decline 5.6% to 4.7 million bags in the ongoing marketing year ending in September due to weak demand from major European buyers, a latest USDA report said.
The country had shipped 4.98 million bags of coffee during the 2013-14 marketing year (October-September). One bag contains 60 kg of coffee.
In its latest report, the US Department of Agriculture (USDA) said: “Current 2014-15 marketing year exports are estimated at 4.7 million bags.”
Read more: India’s coffee exports may drop 5.6% this year: USDA