In 2023, the palm oil supply in Egypt stood at 1.29 million metric tons. The forecasted data from 2024 to 2028 shows a steady increase in supply, starting from 1.31 million metric tons in 2024 and reaching 1.4 million metric tons by 2028. The year-on-year percentage variations indicate a consistent growth pattern: 1.53% from 2024 to 2025, 2.26% from 2025 to 2026, 1.47% from 2026 to 2027, and 1.45% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately 1.63%.
The forecasted trend suggests a gradual and stable increase in palm oil supply. Future trends to watch for include potential impacts of global supply chain disruptions, changes in agricultural policies, and shifts in consumer demand towards sustainable and ethically sourced palm oil products. Monitoring these factors will be crucial for accurate forecasting and strategic planning.
