The import volume of sweeteners in Egypt has seen significant variation over the past decade. In 2023, imports stood at 1.57 million metric tons, showing a modest growth of 2.48% year-on-year, maintaining a Compound Annual Growth Rate (CAGR) of 2.23% over the last five years. Historical data indicates volatility, with notable year-on-year increases in 2015 (30.37%) and 2016 (19.18%), followed by a dip in 2017 (-8.01%). Subsequent years reveal a stabilization and steady growth, reaching 1.57 million metric tons in 2023.
Looking forward to 2028, the import volume is forecasted to reach 1.76 million metric tons, reflecting a forecasted 9.52% growth over the next five years with an annual CAGR of 1.83%. This signals a steady but cautious optimism about future import volumes.
Key future trends to watch for include:
- Potential market disruptions due to economic or regulatory changes.
- Shifts in consumer preferences toward natural and alternative sweeteners.
- Impact of global supply chain dynamics on import volumes and costs.
