Maize processing in Egypt has displayed relative stability over the past decade, with some fluctuations. The actual value in 2023 stood at 161,000 metric tons, the same level as in 2020, 2021, and 2022. Despite minor variations, such as a peak of 168,000 metric tons in 2017, the overall trend has maintained around an average with a slight overall decline in recent years. The Compound Annual Growth Rate (CAGR) over the last five years was 0.12%, indicating marginal growth.
Year-on-year variation showed slight changes, including significant drops such as -4.76% in 2018, modest increases like 2.45% in 2016, and generally stable years at 0% growth. The forecast from 2024 to 2028 indicates a continuing slight decline, with a forecasted CAGR of -0.12% and a five-year average growth rate of -0.62%, suggesting stabilization around the 160,000 metric ton mark.
Future trends to watch for would include changes in agricultural policy, technological advancements in maize processing, and shifts in domestic consumption patterns or export demand that could influence production volumes and growth rates.
