Forecast: Distilled Alcoholic Beverages Production in Kenya

Between 2014 and 2023, the production of distilled alcoholic beverages in Kenya fluctuated significantly. Production peaked in 2017 at 64.0 thousand metric tons, but it has since shown a general downward trend, reaching 38.0 thousand metric tons in 2023. Over the past five years, the production's CAGR was 0%, indicating stagnation. The most recent year-on-year change (2023) showed a decline of 5%, continuing the negative trend observed in previous years.

Looking forward, the forecast from 2024 to 2028 anticipates a steady decline, with a 5-year CAGR projection of -2.94% and an overall reduction in production by 13.86% by 2028. Future trends to watch for include potential regulatory changes, shifts in consumer preferences, and economic factors that could impact production and demand.

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