The exports of agricultural raw materials in Egypt have been experiencing a declining trend over the past decade. From a high of 2.54 units in 2015, actual values have steadily decreased year-on-year, with significant drops observed in 2017 (-22.91%) and 2022 (-30.27%). In 2023, the exports stood at 0.85 units, marking a decline of 14.99% from the previous year. The Compound Annual Growth Rate (CAGR) further indicates a downward trajectory, averaging -12.6% per year over the last five years. The forecasted value for 2028 is 0.026 units, suggesting an annual average decline rate of -47.94% and an overall decrease of 96.18% from 2023.
Future trends to watch for:
• Potential impact of global economic shifts on agricultural trade.
• Changes in local agricultural policies and export incentives.
• Influence of climate change on crop yields and quality.
• Diversification efforts in Egypt’s agricultural sector to stabilize export values.