According to a report by the country’s central bank, Tanzania’s coffee export revenue was down 27% in April and production overall was lower by 19%.
Tanzania, which produces arabica and robusta coffee, is Africa’s fourth-largest coffee producer after Ethiopia, Uganda and Ivory Coast.
This June, the government announced plans to increase its coffee production to 75,000 tons from 65,235 tons in the current year, through a programme of rehabilitating existing coffee farms and training farmers on Good Agricultural Practices (GOP).
Uganda, which saw a 24% drop in production against last year, managed to increase revenue, as they benefitted from high prices, but coffee prices have been softening in April, and Tanzania’s revenues decreased from $14m in March, on production of 3,600 tonnes, to just $10.2m with a production of 2,900 tonnes.
Tanzania produces Arabica and Robusta, which are traded based on the prices from the New York and London ICE markets respectively. The country is not a large consumer of coffee and exports the majority of what it produces.