A Report by Uganda Coffee Development Authority (UCDA) has revealed that Uganda’s coffee exports for 12 months (January 2021 to December 2021) totaled 6.77 million bags worth USD 718.57 million compared to 5.49 million bags worth USD 520.01 million in the previous year (January to December 2020).
“This represents an increase of 23% and 38% in both quality and value respectively,” the report reads.
72% of the total volume was exported by 10 exporters, out of 49 companies which performed during the month compared to 80% in November 2021.
Bugisu A+ fetched the highest price at USD 5.4 per kilo.
A total of 536,889 60-kilo bags of coffee valued at USD 75.25 million were exported in December 2021 at an average weighted price of USD 2.34 per kilo, 8 cents higher than USD 2.26 per kilo in November 2021, and 85 cents higher than USD 1.49 per kilo in December 2020.
“This was an increase of 28% and 101% in quantity and value respectively compared to the same month last year.”
A total of 354 kilograms of roasted coffee beans worth USD 2,960 were exported in December 2021, at an average price of USD 8.36 per kilo.
Farm-gate prices for Robusta Kiboko averaged 3,100 shillings per kilo; FAQ 6250 shillings per kilo, Arabica parchment 12,000 shillings per kilo, and Drugar 10,500 per kilo.
Coffee exports in December 2021 amounted to 536,889 60-kilo bags worth USD 75.25 million.
This comprised 452,55 bags of Robusta valued at USD 55.26 million and 84,301 bags of Arabica coffee valued at USD19.99 million.
“This was an increase of 28.03% and 100.64% in quantity and value respectively compared to the same month last year.”
By comparing quantity of coffee exported by type in the same month of last coffee year (December 2020), Robusta increased by 21.79% and 80.74% in quantity and value respectively, while Arabica exports increased by 76.68% and 188.41% quantity and value respectively.
“Increasing coffee exports during the month compared to previous year was due to newly planted coffee which started yielding supported by favourable weather. The positive trend in global coffee prices were attributed to weather related issues in Brazil, and shortage of shipping containers which prompted exporters to release their stocks,” the report reads.
COFFEE EXPORTS BY DESTINATION
The destinations of Uganda’s coffee exports during the month of December 2021; Italy maintained the highest market share with 37.11% compared to 32.76% the previous month.
Italy was followed by Germany with 17.38% compared with 17.43% the previous month, Sudan 5.99% (3.39%), USA 4.68% (4.66%), and Spain 4.62% (4.83%).
Coffee exports to Africa amounted to 88,546 bags, a market share of 16% compared to 83,803 bags (16%) the previous month.
African countries included; Algeria, Sudan, Morocco, Egypt, South Africa, and Kenya.
Europe remained the main destination for Uganda’s coffee with a 70% imports share higher than 69% November 2021.