Burundi’s coffee earnings dive on poor harvest
Revenue from Burundi coffee exports fell 64 percent in the 2013/14 crop year from the previous season, following a poor coffee output, its industry regulator said yesterday.
Coffee, the nation’s top hard currency earner, generated $23.8 million, sharply down from $66.3 million earned in the 2012/13 crop year, official data from regulator ARFIC showed.
The landlocked east African country has exported 9,890 tonnes of green coffee in this season versus 24,000 tonnes in the 2012/13 season.
This quantity sold in the last harvest is even lower than the 13,000 tonnes that was expected, officials said, blaming coffee growers who are increasingly switching to other crops such as bananas and fruits, complaining about the volatility of the commodity prices and lack of fertilizers.
ARFIC projects coffee production for April 2014March 2015 crop year to reach 21,000 tonnes due to good rains.