The oilseeds market in Egypt has shown a consistent upward trend over the past decade. The market size increased from 0.633 million metric tons in 2014 to 1.05 million metric tons in 2023, with a year-on-year growth of 2.25% in 2023. The compound annual growth rate (CAGR) over the last five years has been 2.76%, indicating moderate growth momentum.
The early years, particularly between 2015 and 2017, experienced rapid expansion, with year-on-year growth rates as high as 23.73%. However, the market faced a slight downturn in 2018 before stabilizing and returning to a positive growth trajectory. In recent years, the growth has been more stable, hovering around 2-2.5% annually.
Looking forward, the oilseeds market is expected to maintain a steady growth rate with a forecasted 5-year CAGR of 1.56%, leading to an overall growth of 8.05% by 2028. The future trends to watch for include advancements in agricultural technologies, fluctuations in global oilseed supply chains, and changes in local dietary preferences towards oilseed-based products.
