Forecast: Coffee Demand in Egypt

In 2023, coffee demand in Egypt reached 31.0 thousand metric tons, exhibiting a moderate year-on-year growth of 3.33%. From 2014 to 2023, demand saw fluctuations, highlighted by a significant 31.82% surge in 2015, followed by a notable dip of -6.9% in 2016. Recent years, however, show consistent recovery and prosperity, with growth trends stabilizing. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 stood at 1.17%. The forecast suggests a steady upward trajectory, with a predicted CAGR of 1.17% from 2024 to 2028, projecting 33.24 thousand metric tons by 2028.

Future trends to watch for include shifts in consumer preferences towards specialty coffee products, increasing urbanization, and potential impacts of economic variables, such as disposable income and inflation rates, influencing coffee consumption patterns.