Uganda’s sugar exports have increased

게시됨 2022년 10월 10일

Tridge 요약

Uganda has experienced a surge in sugar exports following a significant drop in July, with the country exporting 20 million dollars worth of sugar in August, up from 12 million dollars in July. However, the volume of sugar exports remains low due to a decrease in sugarcane supply, attributed to failed plantings in 2020, 2019, and 2021, and the abandoning of farms by sugarcane farmers due to rising costs and debts. Despite challenges such as high costs of fertilizers and pesticides, and concerns about the sustainability of high sugar prices, the increase in prices has led to improved profits for persistent farmers like Muyimba Yawe and Ezekiel Kato. Nevertheless, the high demand for sugar both for export and local consumption has led to increased prices on shop shelves, with millers anticipating these high prices to be short-term.

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원본 콘텐츠

Uganda’s sugar exports have increased after a huge drop in July. However, this shipment of sugar is only a fraction of the volumes going out to south Sudan, Kenya and Rwanda. According to the Bank of Uganda, the country’s sugar export volumes dropped to 16,000 tonnes in July; down from over 27,000 tonnes in June. Sugarcane trucks at factories But factories find they’re struggling to get hold of the supplies of sugarcane they usually need. “The economy has opened, and consumption has gone high but the supply of sugarcane is less because people did not plant in 2020, 2019 and 2021. It is a perennial crop, which takes 16-18 months. It takes time.” Robert Olego, Senior Manager Outgrowers, Sugar Corporation Uganda Limited said Fluctuating prices, mounting expenses and even debts have also forced sugarcane farmers to abandon their farms. Muyimba Yawe is one of the few in the Busoga region in the central part of Uganda that is still in the plantations. He said, “When the prices kept ...

출처: Agrifocusafrica