{"id":12761,"date":"2021-06-23T14:05:59","date_gmt":"2021-06-23T14:05:59","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/?p=12761"},"modified":"2021-06-23T13:48:18","modified_gmt":"2021-06-23T13:48:18","slug":"coffee-exports-slide-back-after-hitting-highest-peak","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak","title":{"rendered":"Coffee exports slide back after hitting highest peak"},"content":{"rendered":"

Africa-Press<\/a> – Uganda<\/a>. <\/strong><\/span>Uganda\u2019s coffee export earnings and volume slid back from its highest record in May by 13 per cent, a Bank of Uganda (BoU) monthly report has shown.<\/p>\n

According to the BoU monthly report export performance, in May Uganda shipped coffee worth $47.1million (Shs167bn), down from $53.5m (Shs189b) earned in March.<\/p>\n

\u201cThis saw the country earn $6.4 million (Shs22b) revenue less than what was earned in March when the country\u2019s monthly receipts hit the peak ever,\u201d the report showed.<\/p>\n

In this period in review, the volumes went down to 494,050 (60) kilogramme bags ,down from 572,898 (60) kilogramme bags recorded in March.This indicated that the country exported 78,848 bags less compared to the previous volumes exported in March.<\/p>\n

Uganda produces and exports two brands of coffee mainly Robusta and Arabica. Robusta takes more than 80 per cent of the market share while Arabica takes the remaining 20 per cent share.<\/p>\n

The report shows that in May, the country exported a total of 429,374 bags of Robusta coffee valued at $37.57m (Shs133b). While Arabica coffee exports in May were 64,676 bags worth $9.63m (Shs34b).<\/p>\n

Cumulatively, looking at the Uganda Coffee Development Authority (UCDA) exports for the last one year (June 2020-May 2021) amounted to 5.8m kilogramme bags.<\/p>\n

This was over 855,000 kilogramme bags more than 5.0m kilogramme bags the country exported in year ending June last year.<\/p>\n

Reactions<\/b><\/p>\n

According to UCDA, the June volume is projected to go back to the 500,000 bags trend as the main harvesting period in the greater Masaka and South Western regions peaks.<\/p>\n

\u201cThe increased exports would be fueled by increasing global coffee process which will enthuse exporters to release the stocks,\u201d UCDA\u2019s executive director Emmanuel Iyamulemye noted. According to UCDA, the dry weather will also play a big part in accelerating the procurement of the coffee from the countryside.<\/p>\n

Global exports<\/b><\/p>\n

Globally, 11.41 million coffee bags were exported, up from 11.29m bags exported in March 2021. This was a 4.1 per cent increase.<\/p>\n

Covid-19 second wave<\/b><\/p>\n

However, UCDA\u2019s executive director Emmanuel Iyamulemye expressed fear that the second wave lockdown may have impact on the logistics and might affect the export volumes.\u201cThis is happening at the already fueling scarcity of containers for the transportation of the coffee from Mombasa to the destination,\u201d Iyamulemye added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. Uganda\u2019s coffee export earnings and volume slid back from its highest record in May by 13 per cent, a Bank of Uganda (BoU) monthly report has shown. According to the BoU monthly report export performance, in May Uganda shipped coffee worth $47.1million (Shs167bn), down from $53.5m (Shs189b) earned in March. \u201cThis saw […]<\/p>\n","protected":false},"author":84,"featured_media":12760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,240,234],"class_list":["post-12761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nCoffee exports slide back after hitting highest peak - Uganda<\/title>\n<meta name=\"description\" content=\"Uganda\u2019s coffee export earnings and volume slid back from its highest record in May by 13 per cent, a Bank of Uganda (Bo ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coffee exports slide back after hitting highest peak\" \/>\n<meta property=\"og:description\" content=\"Uganda\u2019s coffee export earnings and volume slid back from its highest record in May by 13 per cent, a Bank of Uganda (Bo ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-23T14:05:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2021\/06\/img-60d33b7de6420.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Coffee exports slide back after hitting highest peak\",\"datePublished\":\"2021-06-23T14:05:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak\"},\"wordCount\":382,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2021\/06\/img-60d33b7de6420.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/coffee-exports-slide-back-after-hitting-highest-peak\",\"name\":\"Coffee exports slide back after hitting highest peak - 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