In May, Kenya witnessed the largest volume of coffee exports in 14 years, driven by increased local production attributed to favorable weather conditions.

According to recent data from the Central Bank of Kenya, the country exported 6,447 tonnes of coffee in May, the highest since May 2009 when exports reached 7,401 tonnes.

These exports were valued at Ksh4.83 billion ($33.84 million), with each tonne selling for Ksh750,543 ($5,257), the highest value since August 2022.

Kenya has experienced significant growth in coffee production in recent months, with a 50.24 percent increase recorded in the financial year 2021/22, marking the highest annual crop yield in two decades.

National coffee production rose from 34,512 tonnes in the 2020/21 crop year to 51,853 tonnes in 2021/22. The auction volumes and direct sales volumes also witnessed substantial increases.

Coffee companies have benefited from this bumper harvest, with firms like Eaagads, a coffee seller listed on the Nairobi Securities Exchange (NSE), reporting a 14 percent increase in net profit for the financial year ending in March.

Increased coffee sales led to a revenue surge, with the company's earnings reaching Ksh234 million ($1.64 million) from Ksh142 million ($994,746) the previous year.

“In the year under review, the company achieved sales of 348 tonnes of coffee compared with 185 tonnes in March 2022,” said the firm.

“The increase was mainly attributed to the favourable weather experienced in the year which enhanced bean development.”