Monday, November 18, 2024
Home > Agribusiness > 500k Bags: Uganda Records Highest Monthly Coffee Exports Since 1991
AgribusinessNews

500k Bags: Uganda Records Highest Monthly Coffee Exports Since 1991

Uganda registered an in-crease in monthly coffee exports in the months of July, August and September surpassing the 500,000 bags mark. The increase is the highest since 1991.

In July, Uganda saw the highest increase in coffee exports since the liberalisation of Uganda’s coffee industry in 1991.

A total of 543,251 60 kg bags of coffee valued at US$ 49.78 mil-lion were exported in July 2020. In August, Uganda exported a total of 519,683 60 kg bags of coffee valued at US$ 46.06 million. A total of 506,470 60 kg bags of coffee valued at US$ 44.64 million were exported in September 2020.

The increase in export volumes is a direct result of deliberate efforts undertaken by UCDA to increase coffee production in the country.

In 2014, UCDA embarked on a countrywide drive to replant coffee in the country in order to revive coffee production that had stagnated at 3.5 million bags. UCDA worked with several stakeholders including the National Coffee Research Institute (NaCO-RI) to multiply coffee seedlings and Operation Wealth Creation to distribute free seedlings to farmers across the country.

In 2017, coffee exports jumped from 3.5 million bags to 4.7 million bags and the growth trend has continued. Coffee exports for the coffee year (October 2019 to September 2020) totaled to 5,360,859 bags worth US512.23 million compared to 4,439,808 bags worth US$ 433.95 million the previous year. This represents 21% and 18% increase in quantity and value respectively. If the trajectory continues, Uganda will meet the 20M target set out in the coffee road map.

Taddewo William Senyonyi
https://www.facebook.com/senyonyi.taddewo
William is a seasoned business and finance journalist. He is also an agripreneur and a coffee enthusiast.

Leave a Reply

Your email address will not be published. Required fields are marked *