Finshots Daily Can India fill the shoes of the top coffee-exporting nations?
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Jan 3, 2025 India's ambition in the global coffee market is on the rise! With increasing production and a growing demand for Robusta coffee, the nation eyes a top spot among producers. However, hurdles like regulatory compliance and higher production costs present challenges. Optimism shines through as opportunities grow, especially in expanding markets like China. Can India become the next coffee powerhouse?
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Rising Coffee Prices
- Global coffee prices have risen significantly, with Robusta prices climbing over 60% in 2024.
- This is due to supply issues in major coffee-producing countries like Brazil and Vietnam.
Sustainable Indian Coffee
- Indian coffee is unique because it's grown in natural forests using traditional, sustainable methods.
- This aligns with the EU's Deforestation Regulation, which bans coffee imports from deforested regions.
EU Compliance Challenges
- While Indian coffee is sustainably grown, complying with EU regulations requires technological upgrades.
- These upgrades, like GPS mapping and traceability systems, can be expensive for small farmers.