Uganda's coffee exports up 12.5% y/y in January - CNBC Africa

Uganda's coffee exports up 12.5% y/y in January

Commodities

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Bags of coffee beans. PHOTO: Getty Images

Uganda's coffee exports in January rose 12.5 percent year-on-year to 391,514 60-kg bags, helped by rising market prices, a state agency said on Wednesday.

"The key factor for the rise was prices. The prices at the farmgate have been improving over the last two months. That motivated them (farmers) to sell higher quantities so they could take advantage and earn more," said a source at the state-run Ugandan Coffee Development Authority (UCDA).

Dried coffee cherries, for example, averaged about 3,500 shillings ($1.42) per kilogramme in January, from 3000 shillings about two months ago, the source added.

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