The gross production of tow and flax fibre in Egypt is projected to show a steady increase from 2024 to 2028. Starting from $14.31 million US Dollars PPP in 2024, the value is expected to rise to $14.4 million by 2028. In 2023, the production value stood at $14.29 million. Year-on-year variations over the forecast period are marginal—2024 to 2025: +0.14%, 2025 to 2026: +0.21%, 2026 to 2027: +0.14%, and 2027 to 2028: +0.14%. The CAGR over the 2024-2028 period is approximately 0.15%.
Trends to watch for the future include:
- Potential impacts of global market demand and flax fibre prices on production
- Technological advancements in agricultural practices to increase yield
- Policy changes or subsidies that could affect flax cultivation