18 May 2017

Rwanda's Coffee Export Revenue Rises to Over Rwf2 Billion in March

Rwanda's coffee export revenues rose marginally in March to $2.4 million (about Rwf2.02 billion), up from $2.1 million (about Rwf1.77 billion) recorded during the same period in 2016, the National Agricultural Export Board (NAEB) monthly report indicates. This was despite a drop in coffee prices on international market to $2.36 per kilo, down from $2.40 per kilo in March 2016.

The March coffee export earnings represent a 9 per cent increase in value that NAEB attributed to high volumes of coffee sold during the month or a growth of 11 per cent compared to what was exported in March 2016.

The country sold 1,008,501 kilogrammes of coffee over the month under review, up from 906,251 kilogrammes sold in March last year, the report indicates.

Rwanda's coffee buyers include Switzerland, United Kingdom, the United States, South Africa, Germany and South Korea.

However, coffee production decreased on annual basis by 12.7 per cent, a situation NAEB attributed to the prolonged dry spell the country experienced last year.

The government in March this year set the farmgate coffee price at Rwf246 per kilogramme, up from Rwf150 previously.

Overall, Rwanda produced more than 22 million kilogrammes of coffee in 2016 compared to 21.8 million kilos in 2015. The agro-export body attributed the increase to a conducive weather and adoption of modern farming skills by farmers, which helped improve coffee handling and quality along the value chain.

NAEB has been emphasising value addition and encouraging farmers and co-operatives to take advantage of coffee washing stations to enhance quality.

The board is implementing a five-year strategic plan aimed at achieving an annual average export growth rate of 29 per cent, translating to $104.3 million by 2018, from $60.9 million in 2013.

The plan also promotes value addition and seeks to enhance productivity to make the country's coffee industry more competitive and beneficial to more than 400,000 farmers whose livelihood depends on coffee.

NAEB said the objective is to increase productivity from 2.4kg per coffee tree in 2013 to 3.1kg per tree by 2018. The board also seeks to increase fully-washed coffee to 71 per cent by 2018.

Rwanda

Govt to Issue Visa on Arrival for All Visitors

As part of the recent Cabinet resolution, travellers from across the world will from January 1, 2018, receive a 30-day… Read more »

Copyright © 2017 The New Times. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 900 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.