To ease your site search, article categories are at bottom of page.

May 25, 2009

Kenyan flowers hit by recession

Kenya's flower growers are suffering as demand for their crops, one of the country's flagship exports, has been hit by the global recession.

Earnings have shrunk by 35% this year compared to the same period last year, said the Fresh Produce Exporters' Association of Kenya (FPEAK).

Kenya sells more than 80% of its exported flowers to the European Union. Half of those are bought by the UK.

"There was a serious loss," said FPEAK chief executive Stephen Mbithi.

"But I think we might have seen the worst. There seems to be a stabilisation of demand, not to the same old demand, but at lower levels," Mr Mbithi said. "We don't expect to recover on the volumes of last year."

Kenyan flower growers are also facing a perfect storm of problems.

Exports were hit by volatile currency fluctuations - Kenyan exporters are paid in euros and pounds, but most of their costs are in dollars.

Kenya went through a drought last year that left farmers unable to plant their crops. In farms around the Mount Kenya area, rainfall did not even reach 30% of its normal level.

"It's still not anywhere near to normal," said Mr Mbithi.

"It should be down to global warming, which is affecting the pattern and the amount of the rains."


BBC

Article Categories

AGRA agribusiness agrochemicals agroforestry aid Algeria aloe vera Angola aquaculture banana barley beans beef bees Benin biodiesel biodiversity biof biofuel biosafety biotechnology Botswana Brazil Burkina Faso Burundi CAADP Cameroon capacity building cashew cassava cattle Central African Republic cereals certification CGIAR Chad China CIMMYT climate change cocoa coffee COMESA commercial farming Congo Republic conservation agriculture cotton cow pea dairy desertification development disease diversification DRCongo drought ECOWAS Egypt Equatorial Guinea Ethiopia EU EUREPGAP events/meetings expo exports fa fair trade FAO fertilizer finance fisheries floods flowers food security fruit Gabon Gambia gender issues Ghana GM crops grain green revolution groundnuts Guinea Bissau Guinea Conakry HIV/AIDS honey hoodia horticulture hydroponics ICIPE ICRAF ICRISAT IFAD IITA imports India infrastructure innovation inputs investment irrigation Ivory Coast jatropha kenaf keny Kenya khat land deals land management land reform Lesotho Liberia Libya livestock macadamia Madagascar maiz maize Malawi Mali mango marijuana markets Mauritania Mauritius mechanization millet Morocco Mozambique mushroom Namibia NEPAD Niger Nigeria organic agriculture palm oil pastoralism pea pest control pesticides pineapple plantain policy issues potato poultry processing productivity Project pyrethrum rai rain reforestation research rice rivers rubber Rwanda SADC Sao Tome and Principe seed seeds Senegal sesame Seychelles shea butter Sierra Leone sisal soil erosion soil fertility Somalia sorghum South Africa South Sudan Southern Africa spices standards subsidies Sudan sugar sugar cane sustainable farming Swaziland sweet potato Tanzania tariffs tea tef tobacco Togo tomato trade training Tunisia Uganda UNCTAD urban farming value addition value-addition vanilla vegetables water management weeds West Africa wheat World Bank WTO yam Zambia Zanzibar zero tillage Zimbabwe

  © 2007 Africa News Network design by Ourblogtemplates.com

Back to TOP