In 2023, the import value of frozen fish to Egypt stood at 611.92 million US dollars. Forecasted data shows a gradual increase in imports over the next five years:
• Year-on-Year variation:
• 2024: 634.23 million US dollars, a 3.64% increase from 2023.
• 2025: 658.21 million US dollars, a 3.78% increase from 2024.
• 2026: 681.70 million US dollars, a 3.57% increase from 2025.
• 2027: 704.72 million US dollars, a 3.38% increase from 2026.
• 2028: 727.29 million US dollars, a 3.20% increase from 2027.
• Compound Annual Growth Rate (CAGR) for 2024-2028: 3.51%
Future trends to watch for include fluctuations in global fish supply, changes in local production capacities, economic policies impacting trade, and consumer demand patterns in Egypt. Continued monitoring of these factors will be essential for accurate forecasting and strategic planning.
