FEATURED ARTICLE

Emirates cashes in on Valentine’s Day

Share
Kenyan flowers packaged for export. Kenya has sent over 300 bouquets of flowers to London, United Kingdom. www.businesstoday.co.ke
Kenyan flowers packaged for export. Kenya has sent over 300 bouquets of flowers to London, United Kingdom. [Photo/BT Files]
Share

With the demand for Kenyan flowers expected to peak this Valentine’s Day, Emirates SkyCargo has announced that it has reserved two additional charters to boost volumes transported to foreign markets.

Emirates says that it ferried 2,200 tonnes of flowers from Kenya in January 2019 and 27,000 tonnes of fresh flowers in 2018.

The two planes will be departing from Nairobi to the Netherlands and Sydney, Australia, the largest markets of Kenyan flowers.

In a statement to newsrooms, Emirates Cargo Manager for East Africa Saeed Abdulla said that the Horticultural Crop Directorate’s 2017 report which put the country’s floriculture revenue at Ksh82.4 billion is an indication of the huge market for the commodity which Emirates relies on for business.

Kenya is the lead exporter of rose cut flowers to the European Union (EU) with a market share of 38%, according to figures from the Kenya Flower Council.

An estimated 50% of exported flowers are sold through the Dutch Auctions, although direct sales to other countries are also growing.

READ: FEWER BEES IN FARMS MEANS LESS FOOD FOR KENYANS

Kenyan flowers are currently sold in more than 60 countries.

In the United Kingdom, supermarkets are the main outlets for Kenyan exports.

SEE ALSO: TULLOW SAYS KENYAN OIL WELL RECEIVED IN MARKET

Other produce such as fresh vegetables, green beans, fruits, and meat are also exported from Kenya to Britain.

2 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
World Bank
BUSINESS

Kenya’s Economy to Grow by 4.3% in 2026-World Bank Forecast

Kenya’s GDP growth is pegged at 4.3% by the World Bank, a...

IMF headquarters in Washington DC, US.
BUSINESS

Kenya’s GDP to Decline to 4.5% in 2026-IMF Forecast

Kenya's Economic Growth rate is projected to decline to 4.5% in 2026...

NSE UNDERGOING MARKET CORRECTION
BUSINESS

NSE: Has the Market Hit a Bear Run or Undergoing Correction?

NSE (Nairobi Securities Market) Activity for the past three consecutive weeks has...

Nedbank Group has completed acquiring NCBA
BUSINESS

NCBA Shares to be Suspended At NSE As Nedbank Moves to Complete Takeover

NCBA  Group has  announced the successful completion of Nedbank Group Limited’s strategic...