The sweeteners export volume in Kenya stood at an estimated 52.00 Thousand Metric Tons in 2023. The forecasted export volumes show a gradual increase from 2024, reaching up to 59.14 Thousand Metric Tons in 2028. The year-on-year growth rates are as follows: 2024 (2.65%), 2025 (2.77%), 2026 (2.61%), 2027 (2.52%), and 2028 (2.42%). The Compound Annual Growth Rate (CAGR) over the period from 2023 to 2028 is approximately 2.60%, indicating a steady growth trend in the sweeteners export sector.
Future trends to watch for include:
- Potential impacts of climate change on sugarcane and other sweeteners' crops.
- Government policies and trade agreements affecting exports.
- Technological advancements in agricultural practices.
- Global market demand shifts and price variations.
- Competition from other sweetener-producing countries.
