The forecasted data for Kenya's centrifugal sugar consumption shows a steady increase from 1.18 million metric tons in 2024 to 1.24 million metric tons by 2028. The year-on-year percentage variations are as follows:
- 2024 to 2025: 0.85%
- 2025 to 2026: 1.68%
- 2026 to 2027: 0.83%
- 2027 to 2028: 1.64%
The Compound Annual Growth Rate (CAGR) over this period is about 1.26%, indicating a stable growth trend in sugar consumption.
Future Trends to Watch
Looking forward, future trends to monitor include changes in domestic production capabilities, trade policies, and consumption patterns influenced by economic growth and population dynamics. Additionally, the impact of climate change on sugarcane yields and global sugar prices could significantly influence the local market.
