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    1.0.32

    Earnings from Sisal Exports Hit KSh2.45 Billion in H1 2021

    Eunniah
    By Eunniah Mbabazi
    - August 31, 2021
    - August 31, 2021
    AgricultureKenya Business news
    Earnings from Sisal Exports Hit KSh2.45 Billion in H1 2021

    Kenya’s earnings from sisal export hit KSh2.45 billion in H1 2021, a 10.96% increase from last year’s KSh2.2 billion (H1 2020). The rise was occasioned by rebounding prices in key export markets.

    Data from the Agriculture and Food Authority (AFA) shows export volumes of sisal fibre hit 14,822.4 tonnes in the review period, a 9.5% increase from 13,533.8 tonnes in H1 2020.

    The higher volumes of sisal exports were backed by price gains of about KSh10 per kilogramme of fibre. The average price of sisal was registered at KSh174.23 per kilogramme, a 6.4% increase from KSh163.76 last year.

    Previously, Kenya’s sisal exports had also surged in Q1 2021, hitting KSh1.2 billion. Kenya exported 7,687.6 metric tonnes (MT) of sisal during the period.

    Kenya is the world’s third-biggest producer of sisal after Brazil and Tanzania.

    See Also:

    Kenya Seeks Removal of Duty for Exports to South Korea

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