Uganda Exported 6.26m Bags Of Coffee Fetching The Country $ 862.28m Worth Of Income – UCDA
Italy maintained the highest market share of 40.25% followed by Germany 11.34%, Sudan 10.35%. Coffee exports to Africa amounted to 109,506 bags, a market share of 21% compared to 70,782 bags (16%) the previous month.
Uganda Coffee Development Authority (UCDA) in the June Coffee Report released on Thursday, 14th July 2022 says Uganda exported 6.26 million bags of coffee in the FY 2021/22 worth US$ 862.28 million.
This saw a three percent increase from the 6.08 million bags worth US$ 559.16 million for the FY 2020/21. According to UCDA, this was a remarkable performance given the fact that in the last financial year, the country was hit by COVID-19 and drought that affected production.
For the month of June 2022, Uganda’s coffee exports amounted to 53 036 50kilo bags of coffee valued at US$83.79 million.
Robusta exports accounted for 84% of total exports higher than 77% in May 2022. Arabica exports increased by 62.77%, and it fetched an average price of US$ 4.41 per kilo.
Italy maintained the highest market share of 40.25% followed by Germany 11.34%, Sudan 10.35%. Coffee exports to Africa amounted to 109,506 bags, a market share of 21% compared to 70,782 bags (16%) the previous month.
Coffee is Uganda’s top export earner and the coffee sector has contributed over 6.76% of the total earnings from the exports and this contributes highly to the GDP of the country.
