The analysis of cottonseed demand in Kenya indicates a decrease from 13.0 thousand metric tons in 2014 to 11.0 thousand metric tons in 2023, with a projected further decline to 10.0 thousand metric tons by 2028. The data reveals relative stability from 2015 to 2023, but notable declines in certain years, particularly an 8.33% drop in 2018. The year-on-year variations were generally flat between 2015 and 2023. The five-year CAGR leading to 2023 was 0%, and the forecasted five-year CAGR is -1.89%, translating into a -9.09% overall reduction by 2028.
Future trends to watch for include potential impacts of climate change on cottonseed production, shifts in local and global market demands, and changes in agricultural policies or technologies that might influence cottonseed availability and pricing. Monitoring these factors will be essential for understanding future demand patterns in Kenya.
