Bloomberg News

Uganda’s Coffee Exports May Drop 13% as Harvest Nears End

March 15, 2012

Uganda’s coffee exports may drop 13 percent in March from a year earlier with the harvest almost over, the Ugandan Coffee Development Authority said.

Shipments from Africa’s biggest coffee exporter may decline to 200,000 bags from 228,579 bags a year earlier, the Kampala- based authority said in an e-mailed statement today. A bag weighs 60 kilograms (132 pounds).

“The harvesting season in Central and Eastern regions is almost ending,” the agency said. “Exporters will be drawing on their stocks to fulfill contractual obligations with their buyers.”

Exports from October through February climbed to 1.16 million bags worth almost $172 million from 1.1 million bags valued at $142 million a year earlier, the authority said.

Uganda was Africa’s biggest coffee exporter in the 12 months through September, according to the London-based International Coffee Organization. Robusta beans, which are used in espressos and instant drinks, account for about 85 percent of production, according to the Ugandan authority.

To contact the reporter on this story: Fred Ojambo in Kampala at fojambo@bloomberg.net

To contact the editor responsible for this story: Ana Monteiro at amonteiro4@bloomberg.net


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