The textiles and clothing value added in Kenya exhibited significant fluctuations over the past decade. Starting with a notable increase of 7.28% in 2013, it saw a peak in 2014 at 14.73 units. This growth was followed by a steep decline, reaching its lowest in recent years at 8.3 units by 2020. From 2020 to 2023, the values stabilized around 8 units, with minimal year-on-year variations showing a very slight annual decline or stagnation. As of 2023, the value remains at 8.03 units.
Over the last five years, the Compound Annual Growth Rate (CAGR) has been modest, reflecting a long-term stabilization period. Looking ahead to 2028, forecasts suggest a stable outlook with no projected growth.
Future trends to watch for:
- Development of sustainable textiles initiatives.
- Impact of new trade agreements on Kenya’s exports.
- Technological advancements in textile manufacturing.
- Market diversification opportunities.
