In 2023, beer production in Egypt stood at 119.0 thousand metric tons, reflecting a slight year-on-year increase of 0.85%. The data from 2014 to 2023 demonstrates fluctuations, with notable dips in 2015 and moderate recoveries in subsequent years. The period from 2018 onward showed more stability with occasional growth spurts, specifically a significant jump in 2018. The compound annual growth rate (CAGR) over the last five years (from 2016 to 2021) registered at approximately 4.25%, although the more recent CAGR indicates a minor decline at -0.17%. Forecasted data suggests a steady growth, with an expected CAGR of 0.88% over the next five years, reaching 125.93 thousand metric tons by 2028.
Future trends to watch for:
- Growth of premium beer segments driven by rising consumer incomes.- Potential impact of regulatory changes on production capacity.- Influence of shifting consumer preferences toward non-alcoholic and craft beer options.- Effects of economic instability and inflation on production and consumption patterns.