From 2013 to 2023, the import of dried apples to Egypt exhibited significant fluctuations, peaking in 2016 at 30.57 thousand US dollars and hitting a low in 2018 at 2.34 thousand US dollars. The value stood at 7.37 thousand US dollars in 2023. The period saw several years with dramatic year-on-year changes, reflecting a volatile market.
In the past two years (2022-2023), the import value decreased by -2.75% and -2.77% respectively. Over the last five years, the compound annual growth rate (CAGR) was 25.77%, indicating an overall upward trend despite the volatility.
Forecasting through 2028, the market is expected to decline, with a forecasted average annual decrease of -2.56%, totaling a negative growth rate of -12.14% by the end of the period.
Trends to watch for:
- Economic conditions in Egypt that may influence import capacity
- Global supply chain stability for dried apples
- Potential shifts in consumer preferences and demand for dried fruit products
- Government policies and tariffs affecting imports
- Local production capacities and capabilities for dried apple substitute products
