The study looked at prices paid between 2000 and 2018. It notes that the average price in Africa for Arabica coffee is 70.4 US cents ( 2,575 Shillings) per pound or half a kilogram when the price is 37.6 per cent higher in Latin America and 41.5 per cent higher in India.
The ministry said the low global coffee prices compelled exporters to stock up inventory hence the decline in the volume of coffee exported. Uganda only exported 360,000 bags (60kgs) of coffee in September, down from 490,000 bags exported in August.
Danny Mafabi, a coffee famer from Lushya Sub County in Bulambuli district misses the good old days when BCU would distribute farm inputs like fertilizers, insecticides, seeds and pulping machines to farmers to motivate them.
Middlemen who hoarded Arabica coffee from Mt. Elgon region are now selling off their homes to service bank loans due to a slump in local coffee prices.