Fish farming production in Kenya has steadily evolved over the past decade. Production stood at 22.96 thousand metric tons in 2023, having experienced fluctuations with notable declines between 2015 to 2017 and subsequent recovery trends from 2018 onwards. The annual production is forecasted to see a gradual increase, reaching 25.71 thousand metric tons by 2028.
Key observations:
- Between 2022 and 2023, production grew by 2.53%.
- Over the last two years, the year-on-year variation has been relatively stable.
- During the last five years, average annual growth (CAGR) was 7.67%.
- Forecasted five-year CAGR from 2023 to 2028 is estimated at 1.8%, implying a slower growth rate compared to historical values, with an overall growth of 9.31% over the forecast period.
Future trends to watch for:
- Sustainability practices in fish farming.
- Advancements in aquaculture technology.
- Government policies and incentives to boost production.
- Impact of climate change on aquatic ecosystems.