Between 2014 and 2023, Kenya's meat export volume showed significant fluctuations, starting at 7.0 thousand metric tons and reaching 23.0 thousand metric tons in 2023. The years from 2014 to 2016 observed stagnation and a dip, but 2017 marked a dramatic increase, sustained up to 2023. Year-on-year growth rates varied, with notable spikes such as 183.33% in 2017. The Compound Annual Growth Rate (CAGR) over the last five years stood at 3.9%, averaging year-on-year increases of roughly 4.55% in recent records.
Future projections suggest continued growth in meat export volume, expected to reach 28.0 thousand metric tons by 2028. This represents a forecasted five-year CAGR of 3.13% and an overall growth rate of 16.67% from 2023.
Future trends to watch for include potential impacts of global trade policies, changes in local market dynamics, and developments in livestock agriculture technology. Additionally, watching consumer preferences and international demand shifts will be crucial in understanding longer-term market behaviors.
