The supply of centrifugal sugar in Egypt stood at 3.79 million metric tons in 2023. Forecasted data for 2024 shows a supply of 3.82 million metric tons, reflecting a year-on-year increase of approximately 0.79% from 2023. Projecting forward, the supply is expected to rise incrementally, reaching 3.97 million metric tons by 2028, denoting a Compound Annual Growth Rate (CAGR) of about 0.95% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Potential shifts in agricultural policies affecting sugarcane and beet production.
- Impact of global sugar prices on domestic supply and demand.
- Technological advancements in sugar refining processes.
- Environmental and climate change influencing crop yields.