Kenya's wearing apparel exports to South Africa are expected to decline steadily from 2024 to 2028. Starting at USD 159.01 thousand in 2024, the exports are projected to decrease year-on-year by approximately 3.3% to USD 153.77 thousand in 2025, and continue this downward trend with reductions of around 3.3% annually to reach USD 138.68 thousand by 2028. Compared to 2023, this indicates a decrease in export value. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) is expected to reflect an overall decline in Kenya's wearing apparel exports to South Africa.
Future trends to watch for:
- Exchange rate fluctuations that could impact the cost-effectiveness of exports.
- Changes in trade policies or tariffs that could influence export volumes.
- Shifts in consumer demand and fashion trends in South Africa.
- Potential for increased competition from other apparel exporting countries.