The forecast for the grapes market size in Kenya indicates a static trend from 2024 to 2028, with the volume remaining constant at 3.0 thousand metric tons each year. In 2023, the actual volume stood at 3.0 thousand metric tons as well, reflecting no growth in the immediate forecast period. When assessing year-on-year variations for 2022 and 2023, the percentage change is zero, and the Compounded Annual Growth Rate (CAGR) over the last five years is also zero, indicating a flat market without significant fluctuations.
Future trends to watch for:
- Potential changes in consumer preferences that could spark increased demand for grapes.
- Technological advancements in grape farming which may influence production efficiency and volume.
- Climate change effects and their impact on grape yields and quality.
- Shifts in trade policies that might affect import and export dynamics related to grapes.
- Economic factors influencing disposable income and spending on fruits like grapes.