By Swansy Afonso Bloomberg News February 05, 2013 Coffee exports from India, Asia’s third-biggest supplier, may decline for a second straight year as an economic slowdown in Europe cuts demand and as damage from pest attacks reduces the harvest. Shipments may drop below 300,000 metric tons this year from 310,886 tons in 2012, Ramesh Rajah, president of the Coffee Exporters Association of India, said by phone from Bangalore. Exports fell 9.4 percent last year, the first annual drop in three years, according to data from the Coffee Board of India. A drop in Indian supplies may help limit a 34 percent slump in arabica prices in the past year in New York and cut costs for Starbucks Corp. and Nestle SA. Stockpiles monitored by ICE Futures U.S. reached 2.63 million bags of 60 kilograms each on Feb. 1, the highest since March 2010. Slowdowns in Italy, Russia and Spain, India’s main buyers, curbed demand for the commodity brewed by specialty coffee makers. “The order boo...