Forecast: Cereals Production in Egypt

Cereals production in Egypt displayed significant fluctuations over the past decade, peaking in 2013 at 24.123 million metric tons and experiencing a notable decline in 2018 to 17.563 million metric tons. In 2023, the production stood at 22.979 million metric tons. From 2018 to 2023, the industry saw a compound annual growth rate (CAGR) of 5.52%. The year-on-year change showed a steady but slow increase, recording a 0.41% rise in 2023 from the previous year.

Over the next five years, production is expected to grow modestly, reaching 23.474 million metric tons by 2028, with a forecasted CAGR of 0.34%. Future trends to monitor include the impact of climate change on crop yields, advancements in agricultural technology, and government policies supporting local agriculture.

- Fluctuations in production volume over the past decade.

- Peak production in 2013 and significant drop in 2018.

- Steady year-on-year growth rate in recent years.

- Forecasted modest increase in the next five years.

- Importance of climate impact, technological advancements, and policies on future production.