Forecast: Nuts Production in Kenya

Kenya’s nuts production has experienced fluctuations from 2014 to 2023. From 2015 to 2016, production increased by 17.78%, but then saw a decline of 5.66% and a sharp 26% drop in 2017. A period of stabilization followed, with modest growth in 2018 and no change in 2019. However, from 2020 onwards, production consistently trended downwards, with yearly declines and a compound annual growth rate (CAGR) of -1.59% by 2023. In 2023, production stood at 36 thousand metric tons, reflecting a 2.7% decline from the previous year.

Future forecasted data from 2024 to 2028 indicate a continued decrease, with a forecasted CAGR of -1.51% over the next five years.

- 2014-2016: Fluctuations with peak in 2015

- 2017: Significant decline

- 2018-2019: Stabilization

- 2020-2023: Consistent decline

Future Trends to Watch For:

- Impact of climate change and weather patterns on production

- Technological advancements in agricultural practices

- Changes in local and global market demand

- Government policies and incentives for the agricultural sector

Top Countries about Nuts