Based on the provided forecast data, the sorghum market size in Kenya is expected to decline from 100.0 Thousand Metric Tons in 2024 to 92.0 Thousand Metric Tons in 2028. The data indicates a year-on-year decrease in volume of approximately 2% each year.
Looking back at the variations, the sorghum market experienced a gradual reduction of around 2% per annum over the last two years. These consistent decreases result in a Compound Annual Growth Rate (CAGR) of -2% over the five-year period from 2024 to 2028.
Future trends to watch for in the sorghum market in Kenya include potential impacts from climate change, which may affect crop yields. Additionally, any significant policy changes or shifts in consumer preferences towards alternative grains could further influence the market trajectory. Monitoring technological advancements in agriculture could also play a role in stabilizing or reversing the downward trend.
