Kenyans to prepare themselves for higher expenses as sugar prices continue rising, with Kabras witnessing a significant price increase.
A two-kilogram packet of Kabras sugar now costs Ksh420, reflecting a rise of Ksh55 from its previous price of Ksh365. This increase in prices pushes consumers to look for more money so that they can sustain themselves with this essential commodity.
A recent survey conducted by Capital Business at Quickmart Supermarket revealed the notable price hike of Kabras sugar, which has been attributed to the ongoing challenges faced by the sugar industry in Kenya. This has been caused by prolonged drought and low production that has impacted the sugar market.
The impact of the drought on the sugar market was evident in the nearby Naivas Supermarket, where Kabras sugar was unavailable. However, other sugar brands like Ndhiwa and Mara were still accessible, retailing at Ksh350 and Ksh380 respectively. These prices were only Ksh50 short of surpassing the Ksh400 mark, reflecting the overall increase in sugar prices.
In an attempt to alleviate the increasing prices, the Kenyan government took measures earlier this year by importing two shipments of sugar. The ships, originating from Laem Chabang in Thailand and Sheng Heng Hai in China, arrived at the Port of Mombasa on February 28 and March 1, respectively. The aim was to stabilize the local market and provide relief to consumers burdened by excessive sugar prices.
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According to data from the Sugar Directorate, the volume of sugar imports between January and March stood at 93,000 metric tons. This is more than double the 46,000 metric tons imported during the same period last year. Despite these efforts, the prices of sugar have continued to rise, leaving Kenyan households grappling with the financial implications of the persistent shortage.
The Kenyan government, in collaboration with relevant stakeholders in the sugar industry, needs to address the underlying issues causing the prolonged drought and low sugar production. Strategies should focus on improving water management, promoting sustainable agricultural practices, and investing in irrigation infrastructure. Efforts should be made to enhance the efficiency and competitiveness of local sugar mills, thereby reducing dependence on imports and stabilizing sugar prices in the long term.
As per now, Kenyan households will have to cope with the elevated cost of sugar by making adjustments to their budgets and seeking alternative brands or substitutes.
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