Fish farming production in Egypt experienced notable growth from 2013 to 2019, with a peak increase in 2016 and 2018. However, from 2020 onwards, growth rates showed some volatility with minor declines in 2020 and 2021, followed by a modest resurgence in the subsequent years. As of 2023, the fish farming production stood at 1.6686 million metric tons.
The compound annual growth rate (CAGR) over the last five years leading up to 2023 has averaged 0.92%, showcasing a deceleration from previous years. Forecasts indicate a gradual upward trend with a projected 5-year CAGR of 1.9% leading up to 2028, reflecting a steady but modest growth trajectory.
Future trends to watch for include potential technological advancements in aquaculture practices, changes in policy support, and emerging export opportunities which may influence production positively. Monitoring fluctuations in feed costs and environmental factors will remain crucial for sustaining growth.
