The demand for oilseeds in Egypt has shown significant fluctuations over the last decade. Starting at 2.84 million metric tons in 2014, it peaked dramatically to 5.4 million metric tons in 2018. The following years saw modest fluctuations, stabilizing around 5.62 million metric tons in 2022, and rising slightly to 5.81 million metric tons in 2023. The year-on-year growth rate for 2023 stood at 3.29%, and the compound annual growth rate (CAGR) over the past five years averaged at 1.48%.
Moving forward, forecasts indicate that the demand will continue to grow steadily, expecting to reach 6.68 million metric tons by 2028. The forecasted 5-year CAGR is approximately 2.2%, resulting in an overall 11.47% growth rate over this period. This reflects a stabilized but moderate growth trajectory.
Future trends to watch for include potential shifts in agricultural policies, trade agreements, and technological advancements in oilseed cultivation and processing. Additionally, fluctuating global market prices and climate change impacts could also play a significant role in shaping the demand trends in Egypt.
