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The Tobacco Association of Malawi

THE PRODUCERS OF THE UNIQUE MALAWI TOBACCOS

 
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TAMA ACQUIRES 10% OF KANENGO TOBACCO PROCESSORS LTD (KTPL) AS AT THE FIRST STEP TOWARDS THE EVENTUAL ACQUISITION OF 25% IN THE NEXT 3 TO 4 YEARS.                                                                                                                                                                                                                                                                                                                   THE INVESTIMENT IN KTPL WILL OPEN OPPORTUNITIES FOR VALUE ADDITION FOR THE EXCLUSIVE BENEFIT OF TAMA MEMBERS.                                                                                                                                                                                                                                                                                                                   2011 TOBACCO MARKETING SEASON LIKELY TO END THIS NOVEMBER 2011.                                                                                                                                                                                                                                                                                                                   TAMA will hold Elections in February 2012 in all its Council Areas to elect new office bearers for the next five years ending 2017.                                                                                                                                                                                                                                                                                                                   TAMA delegation recently attended ITGA Annual General Meeting in Arusha, Tanzania which was held at Mount Meru Hotel from 23rd to 25th October 2011.

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MALAWI COUNTRY REPORT


1. 2012 TOBACCO MARKET UP DATE

The cumulative volume (As at 31st May) for all the tobacco types is 34 Million Kg, sold at an average price of USD1.93 per Kg; realizing USD 62,678,298. Last year the same period had recorded 27.2 Million Kg at an average price of USD 0.94 per Kg; fetching USD 24,938,296. The average price is 105% above that of last year as at the same time.

The market has sold 30.8 Million Kg of burley at USD 1.89 per Kg (last year was USD 0.88 per Kg). Flue cured has sold 2.5 Million Kg at USD 2.87 per Kg (USD 1.55 per Kg last year) and only 0.7 Million Kg of NDDF has crossed the floors at USD 2.26 per Kg (USD 1.75 per Kg last year).

B.GRAPH

VOLUME AND AVERAGE PRICES ALL TOBACCOS AS AT 31st MAY-2012

TOBACCO TYPE

           2012

          2011

% AVER. PRICE CHANGE

VOLUME
KG

USD PER      
KG

VOLUME
KG

USD PER
KG

BURLEY

30,810,244

1.89

25,775,266

0.88

115

FLUECURED

2,540,243

2.87

560,455

1.55

85

FIRE CURED

744,364

2.26

886,484

1.75

29

TOTAL

34,094,851

1.93

27,222,205

0.94

105

The overall average price rise is 105% over last year as at the same period of sales. The biggest rise is noted in burley at 115% over the previous year.

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TAMA HOUSE, Independence Avenue, P.O. Box 31360, Capital City, Lilongwe 3, Malawi. 3      E-mail: tama@tamalawi.com       Tel: 01 773 099 /276/356

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