The production of olives in Egypt has seen a steady increase from 2014 to 2023, reaching 1.29 million metric tons in 2023. Over this period, the year-on-year variations reveal significant growth spikes, particularly in 2015, 2016, and 2017 with increases of 23.5%, 25.18%, and 25.14% respectively. Notable dips occurred in 2018 and 2020 with declines of 1% and 1.35%, respectively. In recent years, growth has stabilized with a CAGR of 3.48% for the last five years. Moving forward, the forecast indicates a continued upward trend, with a 5-year CAGR of 2.37% up to 2028, projecting production to reach 1.5 million metric tons.
Future trends to watch for include:
- Technological advancements in cultivation and harvesting techniques.
- Impact of climate change on crop yields.
- Economic factors influencing market demand and export opportunities.