Kenya’s premium coffee grades AA and AB dominated the recent Nairobi Coffee Exchange (NCE) auction, comprising 12,578 bags or 73% of the total volume traded. This contributed to a significant earnings increase, with the auction generating KES 869 million from the sale of 17,293 bags, up from KES 637.1 million in the previous week. The average price per 50-kilogram bag of cherry coffee rose to KES 40,922, reflecting the high demand for quality grades. NCE CEO Lisper Ndung’u attributed the success to farmers producing high-quality coffee and urged cooperative societies to support farmers in maintaining this trend to attract premium prices.
The auction attracted 15 buyers, with Sasini Kenya Ltd purchasing the highest volume at 5,460 bags worth KES 295.3 million. Gicherori Factory from Embu County achieved the highest price per bag at KES 54,519.50 for grade AA coffee. Brokers like Alliance Berries led the trade, handling 6,767 bags worth KES 358.9 million. The performance highlights the growing preference for Kenya’s premium coffee grades among both local and international buyers, showcasing the potential of quality improvement in enhancing earnings for farmers and traders.
On the international front, the European Union (EU) has announced plans to support Kenyan coffee farmers in complying with deforestation regulations under the European Deforestation Regulation (EUDR). The EU, through the MARKUP initiative funded by the International Trade Centre (ITC), aims to enhance market access and boost exports to Europe. This effort aligns with the EU-Kenya Economic Partnership Agreement (EPA), which seeks to strengthen trade ties and expand opportunities for Kenyan coffee in the European market. New programs are set to launch soon, focusing on building farmers’ capacity and fostering sustainable practices within Kenya’s coffee value chain.
