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Global Coffee Activity Tracker - India Back On Track After A Tepid September: Nirmal Bang

Global Coffee Activity Tracker - India Back On Track After A Tepid September: Nirmal Bang



Coffee beans flow into a container during the packing process (Photographer: Juan Cristobal Cobo/Bloomberg)
Coffee beans flow into a container during the packing process (Photographer: Juan Cristobal Cobo/Bloomberg)

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Nirmal Bang Report

Most of the coffee producing countries have seen some supply-chain related disruption during Covid-19 and hence monthly exports have been volatile.

However, India and Vietnam have done relatively well compared to Brazil because of the incremental issues like climatic adversities and rising Covid-19 cases during the harvest season in Brazil.

As far as soluble coffee is concerned, Indian exports were muted in September 2021, but exports came back strongly in the subsequent two months, led by Russia.

Soluble coffee exports to Russia from India are up by ~120% YoY in Oct-Nov-21 and the same number on FYTD basis stands at ~89%.

Brazil soluble coffee exports continue to be tepid. Soluble coffee realisation in Brazil grew by ~21% YoY in Oct-21 on a favourable base and we believe that it was on a lower side considering the price increase in Arabica beans.

Click on the attachment to read the full report:

Nirmal Bang Global Coffee Activity Tracker- Sector Update-2 December 2021.pdf

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