Malawi's Minister of Agriculture expects increased tobacco sales this season

LILONGWE, MALAWI - Malawi's President Lazarus and the country’s Minister of Agriculture, Sam Kawale, officially opened the 2023 tobacco buying season at Kanengo Auction Floors in Lilongwe on Wednesday, signaling high expectations for this year's market, writes Winston Mwale.

With an estimated 48% increase in tobacco production compared to last season, farmers and buyers alike are anticipating a busy and competitive market.

"We are excited to kick off the 2023 tobacco buying season and welcome buyers from various companies to the auction floors," said Minister Kawale.

"This year, we have 11 buyers registered and licensed, including notable companies such as Limbe Leaf Tobacco Company, Alliance One Tobacco Malawi, and Japanese Tobacco International (JTI), among others."

The 2023 market season is projected to see a total of 126 million kilograms of tobacco sold, a significant increase from the 85 million kilograms produced during the previous season.

Trade demand is estimated to be at 170 million kilograms, indicating a strong market demand for Malawi's tobacco.

Minister Kawale further shared the expected projections for the 2023 market season, stating, "126 million kilograms of tobacco are expected to be sold this season as compared to the 85 million kilograms produced last season, i.e., an increase of 48%. Trade demand is at 170 million kilograms, and we expect competitive prices to prevail as they were during last season despite a 48% volume increase."

Addressing farmers directly, Minister Kawale emphasized the importance of proper grading to avoid tobacco rejection, stating, "We encourage farmers to do a good job in grading their tobacco to ensure its quality and value in the market. We will also ensure that there are daily reports of sales to protect farmers from any potential theft or fraud."

Minister Kawale also expressed optimism for the upcoming season and assured farmers of the government's commitment to protecting their interests.

"We wish all tobacco farmers all the best this year," he said.

As the tobacco buying season commences, all eyes will be on Malawi's auction floors, with farmers and buyers alike eagerly anticipating a successful market season under Minister Kawale's leadership.