Market Outlook: Rwanda

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Latest Prices Summary for Rwanda

As of 2026-03-25, the average retail market price for dry maize in RWA stands at 58,475 RWF per 90kg, slightly higher than the seven-day average of 58,554 RWF. Considering the last years' retail prices for dry maize, prices had a seasonal high of 65,873 RWF per 90kg and a seasonal low of 54,205 RWF per 90kg. Arbitrage profitability is currently below average. In various regions, prices vary, with CIBITOKE and KISUMU reporting the highest prices at 66,759 RWF and 60,817 RWF, respectively, while RUMONGE and KAYANZA report lower prices at 54,119 RWF and 53,643 RWF, respectively. Overall, market prices show regional disparities but remain relatively stable.

Latest Prices Overview

Country Average
(As at 2026-03-25)
58,475 RWF
Seven Day Average 58,554 RWF
12 Month Seasonal High 65,873 RWF
12 Month Seasonal Low 54,205 RWF
Arbitrage Profitability
Current arbitrage conditions are BELOW average (45/100)

Price Map

Regional Prices

Cibitoke 66,759 RWF
Kisumu 60,817 RWF
Umujyi wa Kigali 60,759 RWF
Iburengerazuba 60,170 RWF
Majyaruguru 60,063 RWF
Amajvepfo 58,385 RWF
Iburasirasuba 57,021 RWF
Rumonge 54,119 RWF
Kayanza 53,643 RWF

Summary of Seasonality for Rwanda

Uganda’s current seasonal price assessment for 2026-03-25 shows that market prices are 10036.00 RWF ABOVE the 5-year average for April, indicating unseasonably high conditions. The normal seasonal price for April is 48439.00 ±6033.00RWF, while the latest national average stands at 58475.00RWF. End-of-month forecasts suggest a further change toward 55918RWF. In the long term, the current annual average remains 0.0% HIGHER than the 5-year seasonal average, highlighting continued price elevation.

Latest Seasonal Prices Overview

(For 2026-04-30)
Current Seasonal Price Assessment 10036 RWF ABOVE the 5-year average for April
(experiencing a seasonal alert)
Normal Seasonal Price for April 48439 ±6033RWF
Latest Country Average Price
58475 RWF
End of Month Seasonal Forecast 55918 RWF
Long-term Seasonal Comparison

Monthly Seasonality

Regional Price Above/Below 5-year Seasonal Average

Summary of Latest Price Predictions for Rwanda

At 2026-03-25, the national average market price was 58,475.00 RWF, with forecasts indicating a moderate increase to 0.00 RWF by mid-October before easing to around 55,918.00 RWF by the end of November. Regional projections show a varied pattern of price movements across the country. KISUMU (+7.0%), UMUJYI WA KIGALI (+0.2%) are expected to experience the strongest upward shifts. Meanwhile, declines are anticipated in AMAJVEPFO (-4.8%), MAJYARUGURU (-4.7%), IBURENGERAZUBA (-2.3%), with smaller decreases expected in IBURASIRASUBA (-1.6%).

Market Forecasts Overview

Latest Country Average
(As at 2026-03-25)
58475 RWF
End-of-week Country Average Forecast
(For )
RWF
End-of-month Country Average Forecast
(For 2026-04-30)
55918 RWF
Regions with Forecasted Rising Prices
(End-of-month forecast for 2026-04-30)
KISUMU: +4,306.00 RWF
UMUJYI WA KIGALI: +134.50 RWF
IBURASIRASUBA: -905.20 RWF
Regions with Forecasted Falling Prices
(End-of-month forecast for 2026-04-30)
MAJYARUGURU: -2,975.00 RWF
AMAJVEPFO: -2,878.20 RWF
IBURENGERAZUBA: -1,366.29 RWF

Country Average Price Forecast

Regional End-of-month Forecasts

Amajvepfo Decrease -4.8%
Majyaruguru Decrease -4.7%
Umujyi wa Kigali Increase 0.2%
Iburasirasuba Decrease -1.6%
Kisumu Increase 7.0%
Iburengerazuba Decrease -2.3%

Trade Corridors Summary (2025Q1)

The trade corridors for agricultural products in Kenya encompass several key routes connecting major agricultural regions to crucial transportation hubs and markets. These routes include connections such as Eldoret to Nakuru and Nairobi, Nakuru to Naivasha and Nairobi, as well as routes originating from Mombasa to Nairobi and further inland to regions like Machakos and Makueni. Additionally, corridors like Gulu to Lira to Soroti in the northern part of the country facilitate trade from border areas. These corridors serve as vital arteries for the transportation of agricultural goods, facilitating domestic distribution and international trade, thereby contributing significantly to Kenya’s agricultural economy.

Trade Corridors (2024 Q1)

Eldoret⟶Nakuru⟶Nairobi
(Relative Efficiency Score: 0.24)
Nakuru⟶Naivasha⟶Nairobi
(Relative Efficiency Score: 0.85)
Kitale⟶Eldoret⟶Nakuru
(Relative Efficiency Score: 0.39)
Mombasa⟶Nairobi
(Relative Efficiency Score: 0.16)
Malaba⟶Eldoret⟶Nakuru⟶Nairobi
(Relative Efficiency Score: 0.43)
Busia⟶Kakamega⟶Eldoret⟶Nakuru⟶Nairobi
(Relative Efficiency Score: 0.24)
Isiolo⟶Nanyuki⟶Nairobi
(Relative Efficiency Score: 0.12)

Regional Centrality (2024Q4)

Iburengerazuba 0.9784
Majyaruguru 0.8652
Soroti 0.7531
Mubende 0.6897
Lira District 0.6342
Kapchorwa 0.5231
Iburasirasuba 0.4321
Amajvepfo 0.3678
Dar es Salaam 0.2546
Nairobi 0.1432
Kitui 0.0567

Market Volatility and Dependency (2025Q1)

Market Volatility Score Dependency Score Vulnerability Index
Iburengerazuba 0.9784 0.9784 0.9784
Majyaruguru 0.8652 0.8652 0.8652
Soroti 0.7531 0.7531 0.7531
Mubende 0.6897 0.6897 0.6897
Lira District 0.6342 0.6342 0.6342
Kapchorwa 0.5231 0.5231 0.5231
Iburasirasuba 0.4321 0.4321 0.4321
Amajvepfo 0.3678 0.3678 0.3678
Dar es Salaam 0.2546 0.2546 0.2546
Nairobi 0.1432 0.1432 0.1432
Kitui 0.0567 0.0567 0.0567

Volatility ranking/dependencies

Market Access and Efficiency (2025Q1)

Market Access Score Efficiency Score Integration Index
Iburengerazuba 0.9784 0.9784 0.9784
Majyaruguru 0.8652 0.8652 0.8652
Soroti 0.7531 0.7531 0.7531
Mubende 0.6897 0.6897 0.6897
Lira District 0.6342 0.6342 0.6342
Kapchorwa 0.5231 0.5231 0.5231
Iburasirasuba 0.4321 0.4321 0.4321
Amajvepfo 0.3678 0.3678 0.3678
Dar es Salaam 0.2546 0.2546 0.2546
Nairobi 0.1432 0.1432 0.1432
Kitui 0.0567 0.0567 0.0567