🇿🇼ZimbabweSouthern Africa
Zimbabwe tobacco volumes rise 59% despite depressed prices
via NewsDay Zimbabwe4 min read
Zimbabwe's tobacco marketing season has seen a significant increase in volumes, with 149.92 million kilograms sold across auction and contract floors by Day 34 of trading. This represents a 59% volume increase compared to the 93.99 million kilograms sold by the same point in 2025. However, prices have remained under pressure, with the combined average price at US$2.65 per kilogram, a 22.5% decline from last year's average of US$3.42 per kg. Auction floors recorded 8.81 million kilograms at an average of US$2.06 per kg, while contract sales accounted for 141.12 million kilograms at US$2.69 per kg. The Zimbabwe Economic Review attributes this divergence to increased supply, quality mix dynamics, and softer global demand. Tobacco remains Zimbabwe’s top agricultural export and a key foreign currency earner, supporting thousands of smallholder farmers.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
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