Key Points:
·Sales and targets: Tobacco sales reached 2.8 billion kilograms, achieving 94% of the annual target, with sales totaling $9.44 billion.
·Farmers and trends: 108,000 farmers participated in the industry (+4.6%), and with a few weeks left in the selling season, a record-breaking sales volume is expected.
·Success factors: Good weather, increased participation of small farmers, agricultural technology improvements, and support for contract farming.
·Prices and profits: Average price at $3.37 per kilogram, slightly lower but still yielding profitable returns for farmers.
According to a report by "Asian Tobacco" on June 16th, Zimbabwe has sold over 2.8 billion kilograms of tobacco to date, accounting for 94% of the country's target of 3 billion kilograms by 2025. According to the Tobacco Industry and Marketing Board (TIMB), tobacco sales have reached $9.44 billion.
The Tobacco Industry and Marketing Board (TIMB) spokesperson Chelesani Moyo-Tsarwe has stated that the current season has shown strong performance, with over 108,000 growers actively participating, a 4.6% increase from last year. With only a few weeks left in the selling season, Zimbabwe is on track to break records. She said:
"The numbers tell the story - our farmers have shown resilience and determination."
Professor Obert Jiri, the Permanent Secretary of the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development, attributes this success to favorable weather, increased participation of smallholder farmers, improved agricultural technologies, and strong institutional support, particularly through contract farming schemes.
The average price per kilogram is $3.37, slightly lower than $3.47 in 2024, but still bringing farmers a lucrative return.
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