The soybean oil demand in Kenya is expected to grow steadily from 4.27 thousand metric tons in 2024 to 5.25 thousand metric tons by 2028, indicating a continuous upward trend. The year-on-year growth rates are approximately 5.9% from 2024 to 2025, 5.5% from 2025 to 2026, 5.0% from 2026 to 2027, and 4.8% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years approximates to 5.3%, showcasing a consistent increase in demand.

Trends to watch for in the future include:

Impact of global market fluctuations and economic factors on local prices and accessibility.
Changes in dietary preferences and health consciousness among Kenyan consumers potentially influencing demand dynamics.
Development in domestic production capacities against import reliance, affecting supply stability and cost.
Government policies and trade agreements that might impact soybean oil import duties and regulations.