Forecast: Maize Market Size Volume in Egypt

The maize market in Egypt exhibited steady growth from 2014 to 2023, with the market size increasing from 5.6 million metric tons to 6.01 million metric tons in 2023. The year-on-year growth rate for 2023 was 0.38%, consistent with previous years. The compound annual growth rate (CAGR) over the last five years was 0.36%. The market’s year-on-year variation displayed notable fluctuations, including a contraction in 2015 and higher growth in 2016. Over the most recent five-year period, the market showed a moderate growth pattern, particularly evident in the relatively stable annual increase from 2019 to 2023.

Looking forward to the forecast period (2024-2028), the maize market is expected to continue its upward trajectory, with an estimated CAGR of 0.28% and an overall growth rate of 1.43% over these five years. Market participants should monitor key future trends such as advancements in agricultural technology, changes in government agricultural policies, and shifts in consumer dietary preferences, which could influence the volume and demand dynamics in the maize market. Additionally, global economic conditions and climatic changes might also significantly impact production and market conditions.

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