By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Yes AfricaYes Africa
  • Home
  • Economy
    EconomyShow More
    CBN to decide lending rate at latest MPC meeting
    May 19, 2025
    CBN launches new digital platform for Nigerians in diaspora
    May 19, 2025
    President Tinubu approves new operating license for Kolmani oil
    May 19, 2025
    BDCs risk shutdown by June 2025 over CBN’s new recapitalisation policy
    May 19, 2025
    Nigeria’s revenue hits N12.4tn – World Bank
    May 19, 2025
  • Technology
    TechnologyShow More
    CBN launches new digital platform for Nigerians in diaspora
    May 19, 2025
    Safaricom’s earnings could hit 50% in new financial projection
    May 9, 2025
    SEC issues warning against new Ponzi scheme
    May 6, 2025
    $290m fine: Meta threatens to shut down operations in Nigeria
    May 5, 2025
    CBN unveils new guidelines for use of PAPSS payment system
    April 29, 2025
  • Africa Development
    Africa DevelopmentShow More
    CBN to decide lending rate at latest MPC meeting
    May 19, 2025
    CBN launches new digital platform for Nigerians in diaspora
    May 19, 2025
    President Tinubu approves new operating license for Kolmani oil
    May 19, 2025
    BDCs risk shutdown by June 2025 over CBN’s new recapitalisation policy
    May 19, 2025
    Nigeria’s revenue hits N12.4tn – World Bank
    May 19, 2025
Search

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024

Categories

  • Africa Development
  • Economy
  • Technology
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2024 YesAfrica Company. All Rights Reserved.
Reading: Kenya coffee earnings soar as tea export dip
Share
Sign In
0

No products in the cart.

Notification Show More
Aa
Yes AfricaYes Africa
0
Aa
  • Economy
  • Africa Development
  • Technology
Search
  • Home
  • Technology
  • Africa Development
  • Economy
  • Bookmarks
Have an existing account? Sign In
Follow US
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Yes Africa > Blog > Africa Development > Kenya coffee earnings soar as tea export dip
Africa DevelopmentEconomy

Kenya coffee earnings soar as tea export dip

Christabel Airo
Last updated: 2025/02/24 at 12:34 PM
Christabel Airo
Share
2 Min Read
SHARE

Kenya’s tea export earnings plunged 20% in December 2024 while coffee revenues soared, underscoring the divergent paths of two of the nation’s key cash crops amid shifting global market dynamics.

Despite exporting more tea—49,731 metric tonnes compared to 46,524 metric tonnes in December 2023—revenues fell to KSh 13.8 billion from KSh 17.25 billion the previous year.

The drop was attributed to declining global prices and softer demand in traditional markets, exacerbated by global economic headwinds.

Coffee exports experienced a robust upswing with volumes nearly doubling to 2,647 metric tonnes from 1,478 metric tonnes a year earlier, while earnings surged 54% to KSh 1.9 billion.
December 2024 also saw the highest coffee prices of the year, averaging KSh 859.40 per kilogram, a sharp rise from KSh 588.57 in December 2023, according to the Agriculture and Food Authority (AFA).

- Advertisement -

The strong prices helped offset lower volumes in previous months, with December marking a peak in farmer deliveries at 3,315 metric tonnes.

Tea producers, on the flip side, grappled with falling auction prices and production slowdowns. November 2024’s tea production dipped to 47,413 metric tonnes, down from 50,905 metric tonnes the previous year. The average auction price also softened to KSh 286.38 per kilogram from KSh 329.82.

Kenya’s tea industry, which has long relied on bulk exports to markets like Pakistan, Egypt, and the UK, is increasingly vulnerable to global economic shifts. Meanwhile, coffee’s pivot towards specialty markets has offered some insulation, though volatility remains.

The peak months for both commodities in 2024 highlights their contrasting trajectories. Tea recorded its highest earnings in February with KSh 20.43 billion from 59,043.65 metric tonnes, while coffee hit its zenith in July, earning KSh 4.9 billion from 6,991 metric tonnes.

TAGGED: kenya, Trending News
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article Free Trade Zone tax: Nigeria may lose $200bn FDIs, 600,000 jobs
Next Article Kenya closes first domestic bond buyback

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
- Advertisement -

Latest News

CBN to decide lending rate at latest MPC meeting
Africa Development Economy May 19, 2025
CBN launches new digital platform for Nigerians in diaspora
Africa Development Economy Technology May 19, 2025
President Tinubu approves new operating license for Kolmani oil
Africa Development Economy May 19, 2025
BDCs risk shutdown by June 2025 over CBN’s new recapitalisation policy
Africa Development Economy May 19, 2025
//

We influence 20 million users and is the number one business and technology news network on the planet

Yes AfricaYes Africa
Follow US

© 2024 YesAfrica. All Rights Reserved.

  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
Welcome Back!

Sign in to your account

Register Lost your password?