Kenya’s flower exporters lose 4.8 mln USD as Middle East conflict persists
Five Gulf countries alone contribute approximately 13.35 percent of export value, estimated at 722.9 million dollars, while Gulf-based airlines carry a significant share of global air cargo, particularly for highly perishable products such as flowers," Kenya Flowers Council said...
✨ Key Highlights
Kenyan flower exporters have suffered significant financial losses amounting to $4.8 million due to the ongoing conflict in the Middle East, which has disrupted critical air cargo routes.
- The losses include $2.1 million from flowers that perished and $2.7 million from reduced prices due to delays and compromised quality.
- This information was shared by Clement Tulezi, Chief Executive Officer of the Kenya Flower Council.
- The conflict affects not only direct trade but also the use of Gulf countries as transit hubs for shipments to Europe and other markets, highlighting the sector's vulnerability.
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Kenya Shilling Could Hit Ksh168 as War Fuels Dollar Surge - March 2026
The Kenyan Shilling is facing significant pressure and could plummet to Ksh168 due to the ongoing Middle East war, leading to a surge in the U.S. dollar and increased cost of living. The Embassy of Iran in Nairobi has strongly refuted claims that a crisis in the Strait of Hormuz will lead to increased fuel prices in Kenya. Meanwhile, Kenyan flower exporters have suffered financial losses amounting to $4.8 million due to the ongoing conflict, which has disrupted critical air cargo routes. The World Bank Group has pledged financial aid and support to vulnerable countries, including Kenya, facing fuel and fertilizer shortages exacerbated by the ongoing Middle East war.
