Key Market Indicators
Egypt's energy consumption is projected to reach 4.4 exajoules by 2028, up from 4.1 exajoules in 2023, according to recent data. This marks an average annual growth rate of approximately 1.3%. Since 1970, Egyptian energy demand has been rising at an average rate of 1.1% per year. In 2023, the country ranked 26th globally in terms of energy consumption, with Poland surpassing it by reaching the same 4.1 exajoules. Globally, the United States, India, and Russia held the second, third, and fourth positions, respectively, in the energy consumption rankings for 2023.
