Uganda, Ethiopia coffee exports dip -ICO report

  • Uganda and Ethiopia, Africa’s leading coffee exporters suffered a decline in shipment in the first four months of the coffee calendar amidst global falling prices.
  • ICO records further show that Ethiopia – the region’s largest producer, and second largest exporter due to significant domestic consumption of coffee, in the first four months of 2018/19, saw its exports decrease by 8.9 per cent to 1 million bags.
  • ICO report indicated: “Growth in exports from Côte d’Ivoire and Tanzania has offset these declines as shipments from Côte d’Ivoire more than doubled in the first four months of 2018/19, amounting to 502,623 bags.
  • Despite this performance, coffee production in Africa is projected to improve by 1.8 per cent at 17.8 million bags in 2018/19.

Read full article: monitor.co.ug

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