In 2023, Egypt's olive oil import volume stood at 3.0 thousand metric tons, holding steady with no year-on-year variation. The period since 2014 has seen fluctuations, notably a significant dip in 2016 and a rebound in 2018. The past five years showed a cumulative annual growth rate (CAGR) of 7.34%, leading to a steady 3.0 thousand metric tons from 2021 to 2023.
Forecasts from 2024 onwards reveal a gradual increase, projecting a 1.96% CAGR with the volume reaching 3.43 thousand metric tons by 2028, signifying a 10.17% growth over the five-year forecast period.
Future trends to watch for include potential impacts of global olive oil production fluctuations, changes in domestic consumption patterns, and Egypt's economic policies affecting import levels.
