The demand for honey in Kenya has shown notable growth from 2014 to 2023, increasing from 14.0 to 23.0 thousand metric tons. Over this period, year-on-year variations have exhibited considerable fluctuations, from sharp increases of 20% in 2017 and 16.67% in 2018, to minor declines in subsequent years. The recent year-on-year growth rate of 4.55% in 2023 indicates moderate growth. The 5-year CAGR from 2019 to 2023 stands at 1.84%, reflecting a steady upward trend.
Forecasted demand points to continued growth, reaching 25.71 thousand metric tons by 2028, with a forecasted 5-year CAGR of 1.83% and an overall growth rate of 9.5%. This suggests a stable yet gradual increase in honey demand in Kenya over the upcoming years.
Future Trends to Watch For:
- Potential impacts of climate change on honey production.
- Changes in consumer preferences towards organic and natural products.
- Market expansions and export opportunities for Kenyan honey.
- Technological advancements in beekeeping and honey production.
