The barley beer production in Egypt stood at 103.24 thousand metric tons in 2023, a slight decline from previous years. Reviewing the data shows relative stability from 2013 to 2017, followed by a growth spike in 2018. However, from 2019, there has been a general downward trend. Specifically, production decreased by 1.39% in 2022 and 1.4% in 2023. The 5-year CAGR leading up to 2023 stands at -2.96%, indicating a gradual decline over time. Forecasts up to 2028 suggest a further decline with a forecasted 5-year CAGR of -1.21%.
Future trends to watch for:
- Potential shifts in consumer demand and preferences.
- Changes in agricultural conditions impacting barley yields.
- Economic factors such as inflation and production costs.
- Regulatory changes and their impact on beer production and sales.
- Competition from alternative beverages and international brands.
