The supply of table grapes in Egypt has showcased remarkable growth from 2015 through 2023, reaching 1,631,800 metric tons in 2023. The trend depicts a steady and incremental rise year-on-year from zero in the initial years. Specifically, the annual growth rate hovered around 1.89% in 2023, representing a slight decrease from 1.95% in 2022. Over the last five years, the compound annual growth rate (CAGR) has averaged around 2.25%, indicating robust market stability.
Looking ahead, the forecast until 2028 suggests that the market will continue to expand, albeit at a moderated pace with a forecast CAGR of 1.37%. By 2028, the supply is projected to grow by approximately 7.04%, reflecting a sustained yet decelerated growth trend.
Future trends to watch for:
- Climate change impacts on cultivation and yield.
- Technological advances in agricultural practices.
- Market demand fluctuations due to economic conditions.
