Eastern Africa Market and Trade Update: 2024 Q4

Eastern Africa Market and Trade Update: 2024 Q4

Nairobi (Kenya): World Food Programme (WFP), 2025.

English

13 p.

WFPELR36122024-4

This quarterly report by the WFP Regional Bureau for Eastern Africa provides a detailed analysis of food market trends, trade dynamics, and macroeconomic conditions across Eastern Africa during the fourth quarter of 2024. While global cereal prices declined due to strong harvests and weak demand, local food prices remained elevated in conflict-affected and economically fragile countries such as Sudan, South Sudan, Burundi, and Ethiopia. The report highlights the impact of currency depreciation, fuel price volatility, and inflation on food access and affordability. It also presents country-specific updates and a short-term outlook, noting that despite seasonal harvests, food prices are expected to remain high in several countries due to persistent macroeconomic and supply chain challenges.

ELR 3612.2024 Vol.4

eng