The Lemons and Limes Market in Kenya exhibited a steady growth from 2014 to 2023, standing at 15.0 thousand metric tons in 2023. Historical data shows periodic fluctuations, notably a significant 17% decline in 2020 due to external factors, followed by a strong rebound in 2021 with a 20.48% increase. Over the last two years, the market has shown stability with no year-on-year variation. The Compound Annual Growth Rate (CAGR) for the past five years stands at 1.39%, indicating a modest overall growth.
Future trends suggest a continued but slow growth with forecasted figures indicating a slight increase to 15.23 thousand metric tons by 2028, with a five-year forecast CAGR of 0.22%. Key trends to watch include:
- Emergence of new agricultural technologies and practices.
- Potential impact of climate change on crop yield and market dynamics.
- Shifts in local and global consumer preferences towards fresh produce.
- Governmental policies and support towards the agricultural sector.
