Forecast: Freshwater Fish Demand in Egypt

The demand for freshwater fish in Egypt has shown a generally upward trend from 2014 to 2023, rising from 1.17 million metric tons in 2014 to 1.44 million metric tons in 2023. Notable year-on-year variations include significant growth in 2016 (13.29%) and 2022 (6.41%), with a slight dip in 2020 (-3.9%). From 2021 to 2023, a stable growth pattern re-emerged with yearly increases of over 1%. The five-year compound annual growth rate (CAGR) from 2019 to 2023 was modest at 1.11%.

Future trends to watch for include a projected steady growth rate with a forecasted CAGR of 0.85% over the next five years, leading to a total demand of 1.51 million metric tons by 2028. This suggests a continued but moderated increase in the demand for freshwater fish, driven potentially by population growth, dietary shifts, or policy changes. Monitoring changes in consumer preferences and potential impacts of climate change on freshwater resources will be critical for understanding future demand dynamics.

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