The forecast for Kenya’s primary oilseeds gross production from 2024 to 2028 indicates a slight but continuous decline. In 2023, the production stood at 20.01 Million US Dollars PPP, marking the highest value in recent years. By 2024, production is expected to decline to 19.8 Million US Dollars PPP, then follow a gradual downward trend to 18.96 Million US Dollars PPP by 2028. The year-on-year variation from 2023 to 2024 shows a decrease of approximately 1.05%, while the average annual decrease (CAGR) over the forecasted period (2024-2028) is anticipated to be around 1.07%.
Future trends to watch for include:
- Climate change and its impact on agricultural yields and oilseed production.
- Government policies and support for the agricultural sector aimed at stabilizing or boosting production.
- Technological advancements and adoption of improved farming practices.
- Fluctuations in global oilseed prices affecting local production incentives.
- Market demand both domestically and internationally for oilseed products.
