Coffee exports from Indonesia, the third-largest grower of robusta beans used in instant drinks, are set to decline to a two-year low as increasing domestic consumption erodes supplies from a record harvest.
Shipments will total 450,000 metric tons in the 12 months starting April 1, the median of seven exporters’ estimates compiled by Bloomberg shows. That’s 7.4 percent less than sales of 486,000 tons this year, according to U.S. Department of Agriculture data. The harvest will be 640,000 tons in the coming season, the survey shows, 10 percent more than a year earlier. Local usage almost doubled in the past decade to 149,400 tons, according to the USDA.