Market Outlook: Rwanda

-

Latest Prices Summary for Rwanda

As of 2026-03-25, the average wholesale market price for dry maize in RWA stands at 56,973 RWF per 90kg, slightly higher than the seven-day average of 58,863 RWF. Considering the last years' wholesale prices for dry maize, prices had a seasonal high of 65,983 RWF per 90kg and a seasonal low of 51,619 RWF per 90kg. Arbitrage profitability is currently above average. In various regions, prices vary, with CIBITOKE and KAYANZA reporting the highest prices at 66,375 RWF and 65,334 RWF, respectively, while RUMONGE and IBURASIRASUBA report lower prices at 55,134 RWF and 54,410 RWF, respectively. Overall, market prices show regional disparities but remain relatively stable.

Latest Prices Overview

Country Average
(As at 2026-03-25)
56,973 RWF
Seven Day Average 58,863 RWF
12 Month Seasonal High 65,983 RWF
12 Month Seasonal Low 51,619 RWF
Arbitrage Profitability
Current arbitrage conditions are ABOVE average (60/100)

Price Map

Regional Prices

Cibitoke 66,375 RWF
Kayanza 65,334 RWF
Iburengerazuba 61,305 RWF
Majyaruguru 58,130 RWF
Umujyi wa Kigali 56,840 RWF
Kisumu 56,761 RWF
Amajvepfo 56,345 RWF
Rumonge 55,134 RWF
Iburasirasuba 54,410 RWF

Summary of Seasonality for Rwanda

Latest Seasonal Prices Overview

Current Seasonal Price Assessment 56973 RWF ABOVE the 5-year average for December
(experiencing a seasonal crisis)
Normal Seasonal Price for December 0 ±RWF
Latest Country Average Price
56973 RWF
End of Month Seasonal Forecast We are working on generating this indicator
Long-term Seasonal Comparison

Monthly Seasonality

We are still collecting data for this indicator!

Regional Price Above/Below 5-year Seasonal Average

Summary of Latest Price Predictions for Rwanda

Market Forecasts Overview

Latest Country Average
(As at 2026-03-25)
56973 RWF
End-of-week Country Average Forecast
(For )
RWF
End-of-month Country Average Forecast
(For )
RWF
Regions with Forecasted Rising Prices
(End-of-month forecast for )
UMUJYI WA KIGALI: +6,505.00 RWF
MAJYARUGURU: +1,902.67 RWF
IBURENGERAZUBA: -363.00 RWF
Regions with Forecasted Falling Prices
(End-of-month forecast for )
IBURENGERAZUBA: -363.00 RWF
MAJYARUGURU: +1,902.67 RWF
UMUJYI WA KIGALI: +6,505.00 RWF

Country Average Price Forecast

Regional End-of-month Forecasts

Majyaruguru Increase 3.2%
Iburengerazuba Decrease -0.6%
Umujyi wa Kigali Increase 11.8%

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