Market Statistics

  • Kenyan industrial equipment imports in 2015 were estimated to be worth $788m.
  • Plastic consumption set to increase 60% by 2020.
  • Packaging exports set to increase 40% from $5bn to $7bn by 2020.
  • Kenya’s agri-business was valued at $8.9bn in 2015 and is expected to rise to $10.6bn by 2020.
  • Kenya has GDP of $63bn and an annual growth rate of 5.7%. 409 million population in East Africa.
  • 44.9% of the kenyan population are middle class.
  • Kenya’s Industrial Transformation Plan is targeting a 15% manufacturing contribution of GDP.
  • Kenya economy is 3rd fastest growing economy in the world.

  • Kenyan economy ranks as the second most formalised in Africa.
  • 3 of the fastest growing 5 economies in africa are in East Africa.
  • Kenya is a member to several trade arrangements including: the Africa Growth and Opportunity Act (AGOA) and the World Trade Organisation (WTO).
  • East Africa Business Council (EABC) has signed an agreement with the East African manufacturers business membership organisations that will help drive a regional industrialisation agenda.
  • Kenya is the highest trading country in the region making up 37% of trades.