The 2023 Kenyan Macadamia Nut Season Opens With 30% Lower YoY Sourcing Prices
Macadamia Kernel
Kenya
Market & Price Trends
Benard Mutai
Published Mar 18, 2023
The 2023 Kenyan macadamia nut season began with farmgate prices 30% lower YoY than in 2022. This is due to suppressed global demand from 2022 amidst rising global inflation. In W11, the Style 0 organic kernel price stood at USD 13/kg, compared to USD 19/kg in 2022. Many processors are still holding 2022 stocks, discounted at USD 0.3/kg and sold at USD 12.7/kg.
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