The import of animal feed to Egypt stood at a certain value in 2023, based on the actual data. The forecasted data indicates a consistent year-on-year increase from 2024 to 2028, showing a steady growth trend in the value of animal feed imports, with values rising from 226.16 million USD in 2024 to 251.49 million USD in 2028.
Year-on-year percentage variations demonstrate increasing growth:
- From 2024 to 2025: 2.88%
- From 2025 to 2026: 2.74%
- From 2026 to 2027: 2.62%
- From 2027 to 2028: 2.50%
The Compound Annual Growth Rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately 2.68%, indicating a moderate and sustained annual increase in animal feed imports.
Future trends to watch for include fluctuations in global commodity prices, changes in local agricultural production capabilities, and potential policy shifts that could affect import regulations and tariffs. Advances in animal feed technology and increased demand for high-quality feed could also influence import volumes and values positively.
