Chilli price trends!

Chili prices have been on the rise since the beginning of this year. After recording a 65% decline in the second  week of the year, prices of chilies in Nakuru have sky rocketed by 226% to currently average at Ksh 111 per kg.  Major supply of chilies in this market is mostly from the surrounding areas such as Subukia and Bahati. Their demand is good and traders are using this opportunity to gain higher profits by hiking the prices.

A kilo of chilies which was selling at Ksh 32 in Kongowea market in Mombasa back in January is now selling at Ksh 83, a 152% price surge. In Kisumu and Eldoret markets, chili prices rose by 47% and 40% respectively. Their prices are currently averaging at Ksh 66 and Ksh 67 per kg respectively.

"Chilies in Kisumu market come from Nandi hills, Busia Kano and Kajulu in Kisumu East. They have greatly reduced in the market as they are off-season. Only one trader had chilies in the market today and they were going at Ksh 100/- kg from Busia." data collector from Kisumu reported yesterday.

In Eldoret, the main suppliers of chilies are Mt Elgon region, Bungoma and Marakwet. Farmers are currently preparing their gardens ready for long rains planting season.

In Nairobi, chili wholesale prices have been fluctuating within a range of Ksh 48 to Ksh 55 per kg. Traders in Wakulima are recording over 50% returns following the current shortage. The retailers, after buying at Ksh 55 from early morning wholesalers, later retail the same chilies at Ksh 90 to Ksh 100 per kg. Chili demand is sufficient with most of the retailers clearing their daily stock by 11:00 am (EAT). 

Prices are expected to continue rising due to limited supply in most of the towns as farmers begin to plant along side this long rain season which has just started.

Tagged Under
Get in Touch

Are you interested in learning more about MFarm? Do you have a new project that you want to talk to us about? Contact us at the number or email address below
+254 110 095 865

All content provided on this MFarm blog site is for informational purposes only. MFarm makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site.
MFarm will not be liable for any errors or omissions in this information nor for the availability of this information. MFarm will not be liable for any losses, injuries, or damages from the display or use of this information.
This terms and conditions are subject to change at any-time with or without notice.