Forecast: Bananas Production in Egypt

The banana production in Egypt has shown fluctuations over the past decade, with values ranging from 1.21 to 1.37 million metric tons. In 2023, production stood at 1.31 million metric tons, reflecting a year-on-year increase of 0.15%. Over the last five years, the compound annual growth rate (CAGR) stood at 0.32%, indicating a relatively stable but slow growth trend.

From 2014 to 2023, the year-on-year variation has shown peaks and troughs, with significant fluctuations recorded in 2017 (+12.52%), 2018 (-5.34%), and 2021 (+5.42%). Recent years (2022 and 2023) have seen modest growth of just 0.15% each year.

Future forecasts predict steady production values of around 1.32 million metric tons through to 2028, with a forecasted CAGR of 0.11% over the next five years, implying limited growth.

Future trends to watch for include potential impacts of climate change on agricultural output, advancements in farming techniques, and market demand fluctuations which might influence banana production levels in Egypt.

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