The forecast for Kenya's wearing apparel exports to Nigeria indicates a declining trend over the next five years. Starting with $30.28 thousand in 2024, the value is expected to decrease each subsequent year, down to $17.82 thousand by 2028. Compared to 2023, this represents a significant downturn.
Year-on-year variations show declines of 10.6% from 2024 to 2025, 11.6% from 2025 to 2026, 12.9% from 2026 to 2027, and 14.5% from 2027 to 2028. Over the last two years, the trend continues to be negative. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is -9.98%, reflecting the average annual decrease.
Future trends to watch include potential shifts in trade policies, economic conditions in Nigeria, and competitive pressures from other exporting countries, which might further influence the trajectory of Kenya’s apparel exports to Nigeria.
