In 2023, Egypt's wheat imports stood at 11.50 million metric tons. The forecast data indicate a consistent upward trend in wheat imports: 11.62 million metric tons in 2024, 11.73 in 2025, 11.85 in 2026, 11.96 in 2027, and 12.06 million metric tons in 2028. The year-on-year variation shows a steady increase, approximately around 1% to 1.1% annually over the mentioned period. This results in a five-year CAGR of approximately 0.97%.
Future trends to watch for:
- Changes in domestic wheat production due to climate change or technological advancements.
- Economic factors influencing import capacity and purchasing power.
- Policy shifts regarding agriculture and trade.
- Global wheat market fluctuations impacting prices and supply chains.
