Egypt’s fisheries production volume has observed a consistent increase over the years, reaching 2.1101 million metric tons in 2023. The data indicates varied year-on-year growth rates, with a high of 12.33% in 2016 to a slight decline in 2020 and 2021. The Compound Annual Growth Rate (CAGR) over the last five years stands at 1.41%, highlighting steady growth despite fluctuations. From 2023 to 2028, the forecasted production volume is expected to maintain an average annual increase rate of 1.84%, with a total growth rate of 9.57% over this period.
Future trends to watch for include technological advancements in aquaculture, government policies supporting the fisheries sector, and environmental sustainability practices which could influence production volumes. These factors will be crucial in sustaining and enhancing production growth in the coming years.
