Between 2014 and 2016, Egypt’s wheat demand showed an upward trajectory, peaking in 2016 with a value of 20.77 million metric tons, before experiencing a significant decline of about 14% in 2017. Since then, the demand has gradually decreased, reaching 17.16 million metric tons in 2023, with a contraction of roughly 0.88% year-on-year and a CAGR of -0.6% over the last five years.
Forecast data suggests a continued decline in wheat demand, projecting it to fall to 16.37 million metric tons by 2028. The forecasted five-year CAGR from 2024 to 2028 is anticipated to be -0.74%, resulting in an overall reduction of 3.67% over this period.
Future trends to watch for include possible impacts from population growth, shifts in dietary patterns, domestic wheat production policies, and international wheat market fluctuations. These factors could influence adjustments in wheat import strategies and subsequent demand levels.
