The import of fertilizers to Egypt has seen fluctuations from 2013 to 2023. Imports peaked in 2015 before a significant drop in 2016, after which they have mostly increased, reaching $172.21 million in 2023. In recent years, YoY growth was modest, with 1.94% in 2023. The latest five-year CAGR was 0.67%.
Forecasted data from 2024 to 2028 suggests steady growth, with the CAGR expected at 1.35% and overall growth of 6.96%. Expected values show a rise to $187.63 million in 2028.
Trends to watch for:
- Impacts of global fertilizer market dynamics
- Policy changes in Egypt's agricultural sector
- Technological advancements in fertilizer production and use