Forecast: Primary Energy Supply in Egypt

Since 2013, Egypt's primary energy supply has experienced fluctuations. Values stood at 92.65 million tonnes of oil equivalent in 2023. The period from 2013 to 2023 saw a varied trend with some notable year-on-year changes: a significant rise of 9.99% in 2016 and a drop of 4.52% in 2020. The 5-year compound annual growth rate (CAGR) from 2013 to 2023 is 0.16%, demonstrating modest growth. Forecasts from 2024 indicate a steady increase with a forecasted 1.34% CAGR over the next five years, reaching 100.76 million tonnes of oil equivalent by 2028.

Future trends to watch for:

• Continued growth in primary energy supply with steady year-on-year increases.
• Potential impact of renewable energy initiatives and policy changes on energy supply dynamics.
• Technological advancements and economic factors influencing energy production and consumption trends.