Italy has maintained its number one position as the destination of Uganda’s coffee exports for the month of October 2021.
According to the monthly report released by Uganda Coffee Development Authority (UCDA) on Thursday, 18 November 2021, Italy maintained the highest market share with 26.27% (127,813 bags of coffee) compared with 27.75% for the month of September.
It was followed by Algeria 14.82% (72,127 bags) (11.03%) and Germany 14.20% (69,077 bags) compared to 12.28% for September.
The United States took 7.19% (34,988 bags) compared to 5.03% in September and Belgium imported 29,736 bags of Ugandan coffee (6.11%) compared to 2.78% in September.
In total, 486,534 bags of coffee (426,148 robusta and 60,386 Arabica) were exported in October 2021.
Coffee exports to Africa amounted to 106,681 bags, a market share of 23% compared to 164,024 bags (29%) the previous month. African countries included Algeria, Sudan, Morocco, Egypt, and Kenya.
Europe remained the main destination for Uganda’s coffees with a 57% imports share higher than 50% in September 2021.
According to the UCDA report, world coffee exports for September 2021 totalled 10.07 million bags down by 4.9% from 10.59 million bags in September 2020.
Total exports for coffee year 2020/21 totalled 128.93 million bags, an increase of 1.2% compared to 127.36 million bags for coffee year 2019/20.
The ICO Composite Indicator price increased by 6.8% to 181.57 US cents up from 170.02 US cents in September 2021.
The prices have seen a positive trend since October as concerns of supply continue due to adverse weather conditions in Brazil and supply disruption caused by shortage of containers and Covid-19 pandemic restrictions in Asia.