2.3.3 Prices of coffee of
Rwanda
Price is the money to pay in exchange for goods or services;
it is also a value of an item in money term.(ASIIMWE, H.M., 2006:139) The
following table presents the prices of coffee of Rwanda from 2008 until
2011.
Table 2: Evolution of
coffee prices
Year
|
Unit price USD/kg
|
2008
|
3.62
|
2009
|
3.47
|
2010
|
3.96
|
2011
|
4.78
|
Source: NAEB, annual report 2011.
Chart 2: Evolution of coffee
price
Source: NAEB, 2011.
This graph represents the price of coffee from 2008, where the
price was 3.62 u s dollars. The price has increased in 2009 up to 3.47 us
dollars, in 2010the price has increased once again up to 3.96. And in 2011 the
price raised up to 4.78 us dollars. The word coffee price increased
significantly leading to the overall increase of coffee prices. Lower
production in some central Mercian countries and Columbia
andunfavorableclimatic conditions in several coffee producing countries
attributed to this(from co annual review 2008/2009)
|