Based on the provided data, the sorghum processing volume in Kenya has shown a fluctuating trend over the years, starting at 63 thousand metric tons (TMT) in 2014, peaking at 84 TMT in 2015, and then generally declining to stand at 48 TMT in 2023. If we look at the most recent year-on-year data, the processing volume declined by 2.04% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was -1.96%, highlighting a steady decrease in volume. The forecast suggests a continuing decline, with an anticipated CAGR of -1.76% through to 2028, suggesting an overall decrease in volume by about 8.51% over the next five years.
Key trends to watch for in the future include:
- Potential changes in agricultural policies or subsidies that may incentivize increased sorghum production.
- Advancements in sorghum processing technologies that could improve efficiency and yield.
- Shifts in consumer preference towards sorghum or alternative crops.
- Climate change effects on crop yields and farming practices in Kenya.
- Global market demand fluctuations that could impact local processing volumes.
