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Rwanda: How high price fuelled Rwanda coffee exports past U.S.$100 million

Raw Common Coffee Bean
Rwanda
Published Feb 21, 2023

Tridge summary

Revenue from Rwanda's coffee exports increased by 34 per cent to more than $105 million (about Rwf114 billion) in 2022, from more than $78.3 million (about Rwf85 billion) in 2021, according to the National Agricultural Export Development Board (NAEB)'s December 2022 report.

Original content

With this performance, the country has already surpassed the target to generate $95 million from coffee exports annually by 2024. Yet, as per the report, there was a slight increase of two per cent in the quantity of coffee the country exported, from 17,479 tonnes in 2021 to 17,848 tonnes in 2022. It indicated that the growth in revenue mainly resulted from good coffee prices which averaged $5.58 a kilo in 2022, or a rise of 31.2 per cent from $4.48 a kilo in the previous year. The increase in coffee prices at the international market was also felt locally, with farmers earning more from their produce as a result. Claudine Uwineza, a coffee farmer from Nyamasheke District, Western Province, told The New Times that farmers sold a kilo of coffee cherries at a record high price in 2022. On February 11, 2022, NAEB announced that quality coffee cherries had to be bought from farmers at a minimum price Rwf410 a kilo, an increase of 65 per cent from Rwf248 a kilo in the previous year. ...
Source: All Africa
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