Forecast: Agricultural Raw Materials Exports in Kenya

Analyzing Kenya's agricultural raw materials exports from 2013 to 2023, the value experienced fluctuations, with notable highs in 2017 and 2021 followed by periods of decline. In 2023, exports stood at 12.87 units, reflecting an 8.59% year-on-year increase. Over the last five years, the compound annual growth rate (CAGR) averaged at -0.66%, indicating overall negative growth despite some annual variances.

Future trends show a stabilization, with forecasts through 2028 predicting a slight annual growth increase, averaging a 0.09% CAGR. Attention should be given to factors such as climate change, trade policies, and global market demand, which could significantly impact these projections.

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