Kenyan macadamia farmers have been urged not to cut down their trees over the poor prices the nuts fetched last season. Nut Traders Association of Kenya chairperson Johnson Kihara has assured farmers that the prices will get better once the inflation that is being experienced in most parts of the globe stabilizes. According to Kihara, the war between Russia and Ukraine is the biggest culprit, as it has destabilised most macadamia buying countries. The main buyers of Kenyan macadamia are the US, European Union, Japan, China, Hong Kong and Canada.
This year some farmers were forced to sell their nuts for as low as Sh10 per kilogramme in local markets due to lack of buyers. With more than 6,000 farmers planting the crop, the country produces 65,000 tons of macadamia annually and is the third largest producer of macadamia globally.
[ Sh100 = €0.64 ]