Transcription of Kenya - Wesgro
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Kenya - Wesgro
Kenya Food and Beverages Executive Summary SECTOR OVERVIEW IN Kenya African countries spend more than USD60bn annually importing food for their growing populations, but the continent has the potential to become a major food exporter. Fresh cow s milk was the leading agricultural product in Kenya valued at in 2013. Food sales over the forecast period will grow by 13%, from in 2016 to KEM2trn in 2020 The largest food sales in Kenya over the five year forecast period to 2020 are expected to be cooking oil and fats (KEM137bn in 2016 to KEM321bn in 2020) and edible oils (KEM129bn in 2016 to KEM307bn in 2020). Kenya s beer sales represented the largest sales of beverages, increasing from 509 million litres in 2012 to a forecasted 791 million litres in 2020. TRADE Kenya is a net exporter of food and beverages. Kenya s exports of food and beverages were valued at in 2014 compared to in 2013, increasing by 20%. South Africa and the Western Cape are net exporters of food and beverages to Kenya .
4 Kenya is the East African Community (EAC)'s economic hub and comfortably its most dynamic consumer market. It is expected that robust growth in Kenya's economy will drive positive growth in the food industry.
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