The nuts market in Egypt is observing a notable declining trend in its per capita volume consumption from 2024 to 2028. In 2023, the actual volume stood at 0.32 kilograms per capita. From 2024 onwards, the forecasted values highlight a consistent year-on-year decline: 3.2% from 2024 to 2025, 6.7% from 2025 to 2026, 3.6% from 2026 to 2027, and 3.7% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period indicates a steady annual decrease of approximately 4.8%.
Future trends to watch for include the potential impact of economic fluctuations on consumer purchasing power, shifts towards alternative snacks due to health trends or preferences, and possible increases in nut production costs. Market participants should also consider the effects of import regulations and promotional campaigns to better understand consumption patterns.
