The mutton and goat meat market in Kenya has experienced a notable decline over the past decade. From a peak volume of 92.0 thousand metric tons in 2014, the market had reduced to 63.0 thousand metric tons by 2023, showing a year-on-year decline of 3.08% in 2023. The compound annual growth rate (CAGR) over the past five years stands at -2.36%, indicating a continuous downward trend.
Key year-on-year variations include a sharp decrease of 15.22% in 2015, followed by a slight increase in 2016 and 2021 at 1.28% and 2.17%, respectively. However, other years such as 2017 and 2019 saw declines of 10.13% and 2.82%, respectively. The five-year forecast indicates a further steady decline with a -2.18% CAGR, projecting the market to a volume of 55.0 thousand metric tons by 2028, representing a total growth rate drop of -10.42% over this period.
Future trends to watch for include potential shifts in consumer preferences, impacts of climate change on livestock farming, and changes in governmental policies that could either alleviate or exacerbate the declining trend. Monitoring these factors will be crucial for stakeholders in the Kenyan mutton and goat meat market.
