Kenya: Tea Exports Still Stable in February 2014

CEIC Macro Watch #31 - April 30, 2014 - Tea production has a long tradition in Kenya, which is among the top world producers and exporters of the plant. Tea also comprises a large share of total exports of the country, amounting to 20% in February 2014. In the same month tea exports decreased in value by 27.3% on an annual basis, falling to KES 7,316.7 mn. Total domestic exports (excluding re-exports) decreased by 15.6% for the same period, alongside coffee exports which fell by 21.8%. Favourable weather conditions and high export prices helped prop exports during 2012 and early 2013. However, as 2013 progressed, prices started declining and weather conditions have returned to normal hence resulting in moderating exports. Thus far, exports remained fairly stable for the first two months of 2014, though this may change depending on further developments in the tea and coffee market. In volume terms, the quantity of coffee and tea exported reached 38,651.9 tonnes and 3,168.9 tonnes, respectively, in January 2014. By Petar Chavdarov Google+ Author Profile - CEIC Analyst Discuss this post and many other topics in our LinkedIn Group (you must be a LinkedIn member to participate). Request a Free Trial Subscription. Back to Blog
1st May 2014 Kenya: Tea Exports Still Stable in February 2014

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