The data shows that Kenya's corn import forecast from 2024 to 2028 demonstrates a steadily increasing trend. In 2023, the volume of corn imports stood at 536.5 thousand metric tons.
The year-on-year variations between 2024 and 2028 are as follows:
- 2024: 2.1% increase
- 2025: 2.2% increase
- 2026: 2.0% increase
- 2027: 2.1% increase
- 2028: 1.9% increase
The Compound Annual Growth Rate (CAGR) over the last five years is 2.1%. This consistent increase indicates a rising demand for corn imports in Kenya.
Future trends to watch for include potential impacts on import volumes due to agricultural policy changes, climate change affecting local production, and fluctuating global corn market prices. Monitoring these factors will be crucial to understanding and anticipating future variations in Kenya's corn import volumes.
