AFA attributed the decrease in exports to delays in shipping the produce at the ports of major export destinations. Kenya earned 17.7 million U.S. dollars during this period, with a sisal production of 11,432 metric tons, down from 20 million dollars and 14,806 metric tons in the same period in 2022. AFA said that this price change could be attributed to market forces related to supply and demand in the world’s sisal market. According to the AFA data, Kenya earned 3.6 million dollars from sisal exports to Nigeria, its top export destination. In 2022, Kenya earned 40.7 million dollars from sisal, up from 38 million dollars in 2021, making it one of the fastest-growing top foreign exchange earners for the country.

Source: Daily Nation October 14, 2023 16:12 UTC