Economic-Review-of-Agriculture_2015-6

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SYMBOLS AND CONVENTIONS Category not applicable = ”.“ Data not available = ”..“ Data not yet available = ”... “ Not for publication = ” : “ Nil = ”- “ Estimated value = “e” Provisional or preliminary figure = “*” Less than 0.5 of unit employed = ” 0 “ Less than 0.05 of unit employed = ”0,0 “ Break in the homogeneity of vertical series = ”--“ Break in the homogeneity of horizontal series = ”|“ xvi Economic Review of Agriculture [ERA] 2015
1.0 OVERVIEW ON ECONOMIC PERFORMANCE 1.1 Overall Economic Performance The global economy registered a growth of 3.3 percent in the year 2013 and the same rate in 2014. On the other hand, Kenya’s economy is estimated to have declined to 5.3 percent in 2014, compared to a growth of 5.7 percent registered in 2013. In 2014, agriculture sector recorded a lower growth rate of 3.5 percent in 2014 compared to the 5.2 percent growth in 2013. The sector amongst others therefore influenced the reduced national economic growth in 2014. The decline in performance of the agriculture sector was mainly attributable to erratic rains in 2014, with some regions receiving depressed rainfall. This resulted to a decrease in production for some crops as well as pasture. Although agriculture did not achieve high growth it was by far the leading sector in contribution to GDP at 27.3 percent followed by manufacturing sector with a share of 10.0 percent. In this regard crops growing, animal production and fishing and aquaculture contributed 19.7 percent, 4.9 percent and 0.8 percent respectively (25.4%); while the balance of 1.9 percent came from forestry and other support activities. In the 2015 agriculture outlook, the global economy is projected to grow at 3.5 percent while the domestic economy would remain relatively the same. Similarly, the performance of the agriculture sector would not significantly change much in 2015 as a result of depressed level of rainfall (Economic Survey, 2015). Figure 1.1: Trends in National GDP and Agri.GDP, 2010 - 2014 NB: - The new series are based on the re-based GDP. 1.2 Interest Rates The 91 days Treasury bill rate declined from 9.5 percent in December 2013 to 8.5 percent in December 2014. The commercial banks weighted average lending rate remained relatively high but declined from 17.0 percent in December 2013 to 16.0 percent in December 2014. Over the same period, the deposit rate rose from 6.7 percent to 6.8 percent. The interest rate spread therefore reduced from 10.3 percent in December 2013 to 9.2 percent in December 2014. The interest rate spread in Kenya still remains high as compared to the newly industrializing economies, which stands on average at 6 percent. 1.3 Exchange Rates The Kenya shilling exhibited mixed performance against major international and regional currencies during the year 2014. The Kenya shilling held firm against the major trading currencies despite its weakening against the United States Dollar (USD), Sterling pound and the Euro. Performance of the shilling reflected international developments, where the USD continued to strengthen against other major world currencies as a result of rebounding United States (US) economy. The Kenya shilling’s stability was mainly due to proceeds from successful international sovereign bonds floated by the Government in June 2014 and increased diaspora remittances. A significant decline in the international tourism earnings and a widening trade deficit worked against the Kenya shilling. Economic Review of Agriculture [ERA] 2015 1
Page 1: Year 2010 2011 2012 2013 2014 Area
Page 4 and 5: © Copyright: Ministry of Agricultu
Page 6 and 7: KNBS KSG Kshs MCS Mn MoALF MT NAAIA
Page 8 and 9: 3.3.3 Kales .......................
Page 10 and 11: LIST OF FIGURES Figure 1.1: Trends
Page 12 and 13: Table 5.4: Population of other type
Page 14 and 15: x Economic Review of Agriculture [E
Page 16 and 17: xii Economic Review of Agriculture
Page 18 and 19: xiv Economic Review of Agriculture
Page 22 and 23: 1.4 Inflation Rates Despite the dro
Page 25 and 26: 2.0 WORLD COMMODITY SITUATION 2.1 C
Page 27 and 28: Table 2.4: International Prices for
Page 29 and 30: Global potash exports from producin
Page 31 and 32: 3.0 CROPS PERFOMANCE This chapter c
Page 33 and 34: 3.1.5 Sorghum Sorghum production pr
Page 35 and 36: 3.1.10 Pigeon Peas The area under p
Page 37 and 38: 3. 2 Oil Crops 3.2.1 Macadamia In 2
Page 39 and 40: 3.3 Horticulture Production and Exp
Page 41 and 42: 3.3.2 Cabbage Cabbage is grown in t
Page 43 and 44: County Area 2012 (ha) Prod 2012 (To
Page 49 and 50: 3.3.7 Flowers The value of flowers
Page 51 and 52: Destination 2013 2014 Dubai 98,660
Page 53 and 54: Table 3.30: Tea Production by Count
Page 55 and 56: 4.0 FISHERIES PERFORMANCE 4.1 Natio
Page 57: Figure 4.3: Aquaculture Production
Page 60 and 61: Table 5.3: Poultry Population Year
Page 63 and 64: 6.0 AGRICULTURAL INPUTS 6.1 Access
Page 65 and 66: Table 6.5: Fertilizer off-takes Yea
Page 67 and 68: Table 6.7: Apparent Nutrient Usage
Page 69 and 70: Month Type of Fertilizer (50 kg) 20
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Month Type of Fertilizer (50 kg) 20
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2012 2013 2014 Class/Group Commodit
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6.4.2 Agricultural Technology Devel
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8.0 TRENDS IN BUDGET ALLOCATION TO
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Table 8.5: Ministry Expenditure Rev
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S/No Name Scope Objective Period an
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S/No Name Scope Objective Period an
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S/No. Name Scope Objective Period a
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Year 2012 2013 2014 County Area (HA
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Annex 3: Barley Production by Count
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Annex 5: Sorghum Production by Coun
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Annex 6: Millet Production by Count
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Year 2012 2013 2013 County Area (Ha
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Annex 9: Green Grams Production by
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Year 2012 2013 2014 County Area (Ha
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Year 2,012 2013 2014 County HA Prod
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Annex 13: Cocoyam Production by Cou
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Annex 15: Quantity and value of aqu
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Annex 17: Livestock Population and
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NATIONAL LIVESTOCK POPULATION - STA
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NATIONAL LIVESTOCK POPULATION STATI
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County summaries for livestock for
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County summaries for livestock popu
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County summaries for livestock popu
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National summaries for livestock po
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National summaries for livestock po
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County Milk (kg) Beef (kg) Wool (kg
Page 128 and 129:
County Milk (kg) Beef (kg) Wool (kg
Page 130:
National summaries for livestock pr
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