Gieto
Small estate in Meru County, Kenya · Growers code BB.0022
Auction performance
Between October 2015 and October 2019, coffee from Gieto was sold in 14 lots at 4 auctions of the Nairobi Coffee Exchange. By volume it ranks 1190 of 2,078 growers.
US$140average price per 50 kg bag
-26%vs market average (US$190)
14 tcoffee sold
US$37,860total value
The average price depends heavily on the grade mix: lots of lower grades (MH, ML, UG, T) pull it down. Compare like with like in the grade table below.
Prices by grade
| Grade | Lots | Tonnes | Avg price | Market avg | Difference |
|---|---|---|---|---|---|
| AB | 3 | 4.4 | 189 | 218 | -13% |
| C | 3 | 3.4 | 125 | 168 | -25% |
| MH | 2 | 1.1 | 40 | 86 | -54% |
| UG1 | 1 | 1.0 | 137 | 119 | +16% |
| UG2 | 1 | 1.0 | 121 | 80 | +51% |
| AA | 1 | 0.9 | 267 | 278 | -4% |
| ML | 1 | 0.8 | 34 | 56 | -40% |
| SB | 1 | 0.5 | 34 | 37 | -9% |
| T | 1 | 0.3 | 92 | 91 | +1% |
By season
| Season | Lots | Tonnes | Avg price (US$/50 kg) | Market avg |
|---|---|---|---|---|
| 2015/16 | 6 | 8.1 | 165 | 191 |
| 2018/19 | 2 | 1.7 | 147 | 147 |
| 2019/20 | 6 | 3.8 | 83 | 188 |
Who buys this coffee
| Buyer | Lots | Share of volume | Avg price (US$/50 kg) |
|---|---|---|---|
| Ibero (K) Ltd | 4 | 40% | 177 |
| Taylor Winch (Coffee) Ltd | 3 | 16% | 121 |
| Diamond Coffee Co. Ltd | 1 | 12% | 123 |
| Rashid Moledina and Co. (Msa) Ltd | 2 | 12% | 103 |
| Africoff Trading Co. Ltd | 2 | 10% | 36 |
| Star Coffee | 1 | 7% | 267 |
| Roise Van Dyke Investment Ltd | 1 | 4% | 39 |
Marks used on auction lots: 52SS0166/GIETO/BB0022, 52SS0162/GIETO/BB0022, 50TK0012/GIETO/BB0022, 52TK0016/GIETO-ESTA/BB0022, 50TK0001/GIETO-ESTA/BB0022.
Source: Nairobi Coffee Exchange sale results, January 2015 to September 2020, compiled by MyKahawa. Direct sales are not included. Prices are volume-weighted.