The share of biomass in Egypt's total domestic material consumption has shown a declining trend. In 2023, this share stood at 21.29 units. From 2022 to 2023, there was a year-on-year decrease of -3.31%, following the previous year's drop of -3.42%. Over the past five years, the compound annual growth rate (CAGR) was -3.14%, indicating a steady decline.
Forecast up to 2028 suggests a continuation of this downward trend, with an anticipated overall decrease of -14.75% over the next five years, reaching 17.46 units.
Future trends to watch for:
- Potential government interventions and policies promoting sustainable and renewable energy sources might influence biomass consumption.
- Technological advancements in energy efficiency and alternative resource utilization.
- Economic and population growth impacting material consumption dynamics in Egypt.