Kenya's vegetable oils export volume has seen significant fluctuations over the past decade. In 2023, the volume stood at 151 Thousand Metric Tons, representing a year-on-year increase of 5.59% and a CAGR of 3.69% over the last five years. The data reveal notable year-on-year variations, particularly the dramatic increase from 2016 to 2017 (350%) and steady growth from 2018 onwards.
Future trends to watch for include:
• Continuation of moderate growth with a forecasted CAGR of 3.46% through to 2028.
• Expected increase in export volume to 187.92 Thousand Metric Tons by 2028.
• Potential impacts of global demand shifts, trade policies, and climate change on production and export capabilities.
