Forecast: Sorghum Supply in Egypt

Based on the provided forecast data, the supply of sorghum in Egypt is expected to follow a gradual declining trend from 757,000 Metric Tons in 2024 to 745,000 Metric Tons by 2028. The projected year-on-year decline in sorghum supply is approximately 0.4% from 2024 to 2025, continuing this trend annually.

In 2023, the actual supply levels stood at 760,000 Metric Tons, implying a slight downward adjustment foreseen beginning in 2024. The average yearly decrease over the five-year period (Compound Annual Growth Rate - CAGR) reflects a diminishing rate of around 0.32%.

Future trends to watch for:

  • Potential impacts of climatic changes on crop yields.
  • Changes in agricultural policies and subsidies in Egypt.
  • Technological advancements in farming practices and their effect on sorghum production efficiency.
  • Global market demands and pricing for sorghum.

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