Forecast: Groundnuts Production in Egypt

In 2023, Egypt's groundnut production was recorded at 240.00 Thousand Metric Tons. Forecasted data indicates a steady growth in production with values reaching 243.36 Thousand Metric Tons in 2024, 246.51 Thousand Metric Tons in 2025, 249.59 Thousand Metric Tons in 2026, 252.61 Thousand Metric Tons in 2027, and 255.58 Thousand Metric Tons in 2028. The year-on-year variations show an increase of approximately 1.4% to 1.6%. The compounded annual growth rate (CAGR) over the five-year period from 2024 to 2028 stands at 1.5%.

Future trends to watch for include advancements in agricultural technology and practices, potential shifts in domestic and international demand, and climate change's impact on crop yields. Monitoring these factors will be crucial in assessing the sustainability and growth of groundnut production in Egypt.

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