Forecast: Energy Productivity in Kenya

From 2013 to 2015, Kenya experienced a decrease in energy productivity, with a decline reaching its lowest point in 2015. Post-2015, a minor upward trend can be observed through 2019, albeit with slight fluctuations. By 2023, the energy productivity stood at 7.39 US Dollars Per Thousand of Total Primary Energy Supply, indicating stabilization from 2020 onwards.

• 2013-2014: -3.37% year-on-year decrease
• 2014-2015: -4.01% year-on-year decrease
• 2015-2016: 1.18% year-on-year increase
• 2016-2017: 0.45% year-on-year increase
• 2017-2018: 2.73% year-on-year increase
• 2018-2019: 3.03% year-on-year increase
• 2019-2020: -0.76% year-on-year decrease
• 2020-2021: Steady with negligible change
• 2021-2022: Steady with negligible change
• 2022-2023: Steady with negligible change

The Compound Annual Growth Rate (CAGR) between 2018 and 2023 was 0.44%, suggesting minimal growth on average. As per the forecast, energy productivity is expected to remain consistent at 7.39 US Dollars Per Thousand of Total Primary Energy Supply up to 2028, with a forecasted 5-year CAGR and growth rate of 0%.

Future Trends to Watch For:

• Advancements in energy efficiency technologies.
• Potential shifts in policy impacting energy use.
• Regional developments in renewable energy adoption.
• Economic factors influencing energy consumption patterns.