Nuts export volume in Kenya stood at 8.0 thousand metric tons in 2023. The data reveals a stable trend from 2020 to 2023, each year reporting an export volume of 8.0 thousand metric tons. Prior to this, there was some fluctuation; notably, export volumes peaked at 11.0 thousand metric tons in 2015 and faced a significant decline in 2018 to 7.0 thousand metric tons.
From 2019 onwards, the year-on-year variation has settled at 0%, indicating no substantial changes annually. The compound annual growth rate (CAGR) over the last five years leading to 2023 shows a slight positive trend of 2.71%, implying a moderate growth trend although the volumes remained stable at 8.0 thousand metric tons each year from 2020 to 2023.
The forecasted data from 2024 to 2028 projects a consistent export volume of 8.0 thousand metric tons annually, predicting no variation and a forecasted 5-year CAGR and growth rate of 0%.
Future Trends to Watch:
Key factors to monitor include global demand shifts and market access developments, considering potential impacts from climate change on production and fluctuating international trade policies. Additionally, local policy adjustments or improvements in agricultural practices could influence future export capabilities and volumes.