Pelagic fish production in Kenya reached 9.35 thousand metric tons in 2023, reflecting a year-on-year increase of 4.24% from 2022. During the past decade, the industry has shown substantial growth, notably between 2015 and 2019 where the year-on-year variation peaked at 123.83% in 2016. From 2021 to 2023, the industry maintained an average Compound Annual Growth Rate (CAGR) of 4.48%. Prior, the highest CAGR was 27.02% from 2015 to 2020, underscoring a period of significant expansion. Forecasted data suggests a CAGR of 3.05% through 2028, with an expected total growth of 16.22% over the next five years.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems which could affect fish populations and industry yields.
- Advances in sustainable fishing practices and technology that may improve production efficiency.
- Economic and regulatory changes within Kenya's fishing industry that could either hinder or promote growth.
