The import of dried vegetables to Egypt has shown significant fluctuations over the past decade. From 2013 to 2023, there was an initial increase reaching a peak in 2014, followed by a general decline until 2018. This was succeeded by a period of slight volatility and slow growth, stabilizing around 1.2683 million US Dollars in 2023. The year-on-year variation in 2023 was 0.65%, while the Compound Annual Growth Rate (CAGR) for the last five years stands at 2.81%. Future projections suggest modest growth, with a forecasted CAGR of 0.52% over the next five years, culminating in an import value of 1.3109 million US Dollars by 2028.
Future trends to watch:
- Impact of local agricultural policies and self-sufficiency initiatives on import volumes.
- Changes in consumer preferences for dried vegetables versus fresh or alternative products.
- Global supply chain dynamics and trade agreements affecting import costs.
- Technological innovations in dried vegetable processing and preservation techniques.
