Production of distilled alcoholic beverages in Egypt has shown fluctuating trends over the years. From a low of 73.0 thousand metric tons in 2015, production rebounded significantly, peaking at 147.0 thousand metric tons in 2023. Over the last two years, growth has been moderate with a year-on-year increase of 2.08% as of 2023. The Compound Annual Growth Rate (CAGR) over the last five years stands at 1.42%, reflecting a steady but slow growth trajectory.
Future forecasts suggest a consistent upward trend, with production expected to reach 165.14 thousand metric tons by 2028. The forecasted five-year CAGR is approximately 1.82%, implying sustained growth albeit at a modest rate.
Key trends to watch for in the near future include:
- Market responses to economic and regulatory changes in Egypt
- Shifts in consumer preferences and potential impacts on production levels
- Technological advancements in the distillation process that may enhance production efficiency
