In 2023, Egypt's crop gross production was valued at 25.965 billion US Dollars (PPP 2004–2006). The forecasted data for the subsequent years suggest a steady increase: 26.081 billion USD in 2024, 26.2 billion USD in 2025, 26.318 billion USD in 2026, 26.436 billion USD in 2027, and 26.551 billion USD in 2028. The year-on-year variation indicates a consistent growth trend, with an average Compound Annual Growth Rate (CAGR) of approximately 0.45% over the next five years.
Trends and potential factors to monitor:
- Technological advancements in agriculture to enhance yields.
- Government policies and subsidies affecting agricultural outputs.
- Impact of climate change and water resource management.
- Global market demand and export potentials.