Cottonseed production in Egypt has shown significant fluctuation over the past decade. As of 2023, the production stood at 110.47 thousand metric tons. The data reveals high volatility with periods of both growth and decline. From 2013 to 2023, the highest production was recorded in 2018, while the lowest was in 2016. The most recent two years before 2024 saw a year-on-year decrease, with -5.55% and -5.36% in 2023 and 2022, respectively. The five-year CAGR leading up to 2023 was -8.79%. Forecasting until 2028, the production is expected to continue declining, showing a forecast five-year CAGR of -5.82%, translating to a -25.91% growth rate.
Future trends to watch for:
- Impact of climate changes on cotton cultivation.
- Government policies and incentives to boost farming productivity.
- Technological advancements and their adoption in agriculture.
- Global market demand and price fluctuations affecting local production.
