Uganda picked up $61.43 million (about Shs218 billion) in October, made from exporting 486,534 bags of coffee weighing 60kg each, according to the Uganda Coffee Development Authority (UCDA).
This is a decline, as $66.62 million (about Shs238 billion) was collected from exporting 585,576 bags of coffee in September.
According to the Oct. report, the exports contained 426,148 bags of Robusta valued at $49.47 million and 60,386 bags of Arabica valued at $11.96 million.
“This was an increase of 13.68% and 59.91% in quantity and value respectively compared to the same month last year,” reads the report.
The Authority attributed the rise in coffee exports year over year to newly planted coffee which started yielding supported by favorable weather.
“This was also compounded by a positive trend in global coffee prices,” says UCDA.
“Coffee prices have been going up since July 2021 as Brazil faced the threat of frost and high temperatures, while Vietnam faced a challenge of shipping containers as a result of Covid19 related restrictions. This prompted exporters to release their stocks.”
In the 12 months, November 2020- October 2021 – export amounted to 6,554,201 bags worth $657.23 million compared to 5,409,032 bags valued at $513.79 million the previous year (November 2019 – October 2020.
Most of the coffee went to Italy, which imported 26.27% of the bags, followed by Algeria at 14.82%, Germany (14.20), the United States (7.19), and Belgium (6.11).
