In 2023, the actual demand for crustaceans in Kenya stood at 470.0 metric tons. Forecasted data show a steady increase with the demand expected to reach 480.0 metric tons in 2024, 490.0 metric tons in 2025, 500.0 metric tons in 2026 and 2027, and 510.0 metric tons by 2028. Year-on-year variations indicate:
- From 2023 to 2024: 2.13% increase
- From 2024 to 2025: 2.08% increase
- From 2025 to 2026: 2.04% increase
- From 2026 to 2027: 0.0% change
- From 2027 to 2028: 2.00% increase
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.05%.
Future trends to watch for include the impact of environmental policies on fisheries, potential disruptions in supply chains, and shifts in local consumption patterns due to economic changes. Sustainability practices and new aquaculture technologies might also significantly influence demand dynamics.
