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Kenya Sees Flower Exports Curbed Amid El Nino Disease Risk

  • Industry will be 'doing OK' if it matches 2014 shipments
  • Weaker shilling resulting in higher dollar-based costs
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Kenya’s flower exports may stall this year as wet weather curbs production and costs increase because of the weakening shilling, the Kenya Flower Council said.

Shipments totaled 54.6 billion shillings ($519 million) in 2014 and the industry will be “doing OK” if that level is matched this year, Jane Ngige, the council’s chief executive officer, said in an interview Sept. 11. Kenya supplies about 38 percent of the cut flowers sold in Europe, according to the council. Horticulture exports generated $928 million last year, one of the East African country’s biggest foreign-exchange earners alongside tea and tourism revenue, Kenya National Bureau of Statistics data shows.