The forecasted data for barley feed in Egypt shows a consistent decline over the coming years. From 2024 to 2028, the values decrease annually by 1.0 thousand metric tons, starting at 52 thousand metric tons in 2024 and dropping to 48 thousand metric tons by 2028. For 2023, let's assume the actual barley feed stood at 53 thousand metric tons. Thus, the year-on-year variation from 2023 to 2024 is a -1.9% decrease. The subsequent years maintain a similar negative trend, reflecting a gradual annual reduction. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately -1.9%.
Future trends to watch for include potential changes in agricultural policies, fluctuations in global barley prices, and shifts in domestic demand for barley feed due to changes in livestock farming practices. Monitoring these factors will be crucial for anticipating further trends in Egypt's barley feed market.
