Forecast: Agricultural Value Added in Kenya

The forecast for Kenya’s agricultural value added from 2024 to 2028 shows a consistent decline. In 2023, the value was at a certain level, but it is expected to drop by 3.3% to 10.5 in 2024. This downward trend continues, with a reduction of 3.3% to 10.15 in 2025, followed by a 3.4% decrease to 9.8 in 2026, a 3.6% decline to 9.45 in 2027, and finally a 3.6% drop to 9.11 in 2028. The compound annual growth rate (CAGR) over this five-year period indicates an average annual decrease of approximately 4.1%.

Future trends to watch for include the impact of climate change on agricultural productivity, variations in global commodity prices, government policy changes, and advancements in agricultural technology. These factors could significantly affect the agricultural value added in Kenya moving forward.

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