To ease your site search, article categories are at bottom of page.

February 01, 2012

Ethiopian coffee exports in sharp decline

Halfway into Ethiopia's fiscal year, only about 20% of the targeted 270,000 tonne coffee export has been shipped.

There is some confusion about the cause of the sharp decline in exports.

About 100 coffee exporters have been suspended from buying coffee from the Ethiopian Commodity Exchange for periods ranging from three to six months by the government, over allegations that they engaged in speculative hoarding of the country's key export.

Analysts say other changes demanded by the government in the trade of coffee, which would effectively require exporters to invest in storage silos, are impractical.

Others maintain the real problem is simply that the US$2.40+/kg price of coffee at the commodity exchange is higher than the international price (New York) of US$2.20/kg. 

According to Addis Fortune website, Ethiopia earned $314 million in the last six months from coffee exports a  6.28 per cent decline over the same period a year ago, quoting figures compiled by the Ethiopian Revenues & Customs Authority (ERCA).

Addis Fortune says Ethiopia exported 196,118 tonnes of coffee valued at $841.7 million dollars in 2010/11, representing more than half of the 370,569 tonne of total production in the country. The rest is used locally.

Talks between government and traders to break the export impasse are on-going, but have yet to yield any concrete results

African Agriculture

Article Categories

AGRA agribusiness agrochemicals agroforestry aid Algeria aloe vera Angola aquaculture banana barley beans beef bees Benin biodiesel biodiversity biof biofuel biosafety biotechnology Botswana Brazil Burkina Faso Burundi CAADP Cameroon capacity building cashew cassava cattle Central African Republic cereals certification CGIAR Chad China CIMMYT climate change cocoa coffee COMESA commercial farming Congo Republic conservation agriculture cotton cow pea dairy desertification development disease diversification DRCongo drought ECOWAS Egypt Equatorial Guinea Ethiopia EU EUREPGAP events/meetings expo exports fa fair trade FAO fertilizer finance fisheries floods flowers food security fruit Gabon Gambia gender issues Ghana GM crops grain green revolution groundnuts Guinea Bissau Guinea Conakry HIV/AIDS honey hoodia horticulture hydroponics ICIPE ICRAF ICRISAT IFAD IITA imports India infrastructure innovation inputs investment irrigation Ivory Coast jatropha kenaf keny Kenya khat land deals land management land reform Lesotho Liberia Libya livestock macadamia Madagascar maiz maize Malawi Mali mango marijuana markets Mauritania Mauritius mechanization millet Morocco Mozambique mushroom Namibia NEPAD Niger Nigeria organic agriculture palm oil pastoralism pea pest control pesticides pineapple plantain policy issues potato poultry processing productivity Project pyrethrum rai rain reforestation research rice rivers rubber Rwanda SADC Sao Tome and Principe seed seeds Senegal sesame Seychelles shea butter Sierra Leone sisal soil erosion soil fertility Somalia sorghum South Africa South Sudan Southern Africa spices standards subsidies Sudan sugar sugar cane sustainable farming Swaziland sweet potato Tanzania tariffs tea tef tobacco Togo tomato trade training Tunisia Uganda UNCTAD urban farming value addition value-addition vanilla vegetables water management weeds West Africa wheat World Bank WTO yam Zambia Zanzibar zero tillage Zimbabwe

  © 2007 Africa News Network design by

Back to TOP