Demersal fish production in Kenya witnessed notable fluctuations between 2014 and 2023, starting at approximately 5.3 thousand metric tons in 2014 and reaching 15.01 thousand metric tons in 2023, reflecting a year-on-year variation of 3.95% for 2023. The average annual growth rate (CAGR) over the past five years up to 2023 was 3.96%. The forecast period from 2024 to 2028 anticipates a steady increase, projecting a 16.79 thousand metric tons output by 2026 and reaching approximately 17.95 thousand metric tons by 2028. The forecasted CAGR for the next five years is expected to be 2.86%, signaling moderate growth.
Future trends to watch for:
- Environmental policies impacting fishery practices.
- Technological advancements in fish farming and sustainable fishing techniques.
- Fluctuations in market demand and global trade policies.
- Impact of climate change on marine ecosystems.
