Kenya’s crustaceans production exhibited fluctuations from 2014 to 2023. A notable high growth rate of 44.83% occurred between 2014 and 2015, followed by a decline to 700 metric tons in 2017. After plateauing in 2017 and 2018, the production slightly ticked upwards in 2019 and continued with modest increases and decreases until 2023, standing at 750 metric tons in 2023. The year-on-year change in 2023 showed a minimal increase of 1.35%. The CAGR over the last 5 years averaged at 1.39%.
With the data from 2024 onward being forecasts, the projected 5-year CAGR stands at 0.76%, and the forecasted 5-year growth rate is at 3.88%, up to 780 metric tons in 2028. Despite the relatively slow growth projections, the overall trend suggests gradual and steady increases in crustacean production through 2028.
Future trends to watch for:
- Advancements in sustainable aquaculture practices that may boost production.
- Potential market demand fluctuations due to regional and international factors.
- Impact of environmental changes and regulations on production capabilities.