The production of wood fuel in Egypt has exhibited a modest but consistent year-on-year growth from 2013 to 2023. In 2023, the wood fuel production stood at 17.935 million cubic meters, marking a slight increase of 0.049% from the previous year. Over the past decade, the Compound Annual Growth Rate (CAGR) has gradually declined from 0.42% in 2013 to 0.12% in 2023. The period from 2019 to 2023 saw average annual increases, albeit at a diminishing rate with a 5-year CAGR of 0.12% up until 2023. The forecasted data from 2024 indicates a continued decrease in growth rate, reaching a 5-year CAGR of 0.04%, with the forecasted value for 2028 at 17.977 million cubic meters.
Future trends to watch for include:
- Technological advancements in alternative energy sources that may impact wood fuel demand.
- Policy changes and environmental regulations affecting wood fuel production methods and sustainability.
- Economic factors influencing the supply chain and market demand for wood fuel.
- Developments in international trade dynamics that can alter import and export patterns of wood fuel.
