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Kenya: Cut flower exports up 16 percent

Kenya’s economy is estimated to have expanded by 4.9 per cent in 2017 compared to a revised growth of 5.9 per cent in 2016. The slowdown in the performance of the economy was partly attributable to uncertainty associated with a prolonged electioneering period coupled with adverse effects of weather conditions.



Growth in the agriculture sector was supported by notable increases in production of cut flowers, fruits and vegetables whose exports grew by 19.7, 16.8 and 10.7, per cent, respectively, in 2017. This translated to a significant increase in the value of export of horticultural produce from KSh 101.5 billion [1 billion USD] in 2016 to KSh 115.3 billion [1.15 billion USD] in 2017.

Export earnings from cut flowers grew by 16.1 per cent to KSh 82.2 billion [820 million USD] in 2017 and accounted for 71.3 per cent of total earnings from horticulture in 2017, mainly occasioned by a 19.7 per cent increase in export volumes.

Publication date: 4/26/2018

 


 

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Comments:


What adverse effects of weather conditions decreased the growth of flowers in Kenya?
Alicja Pietrzyk, wrocław, Poland - 8/7/2018 9:05:32 AM


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