The volume of sweeteners exported from Egypt in 2023 stood at 633.0 thousand metric tons, reflecting a year-on-year increase of 2.59%. Over the last two years, the export volume rose by 2.83% in 2022 and 2.59% in 2023. The compound annual growth rate (CAGR) over the last five years was 2.26%, indicating a gradual upward trend. Historically, significant year-on-year changes include a 10% decline in 2015, a sharp increase of 58.73% in 2016, and a steady climb in subsequent years with occasional minor fluctuations.
Future trends to watch for include:
- Projected growth with a forecasted 5-year CAGR of 2.00%.
- A cumulative growth rate of 10.4% from 2024 to 2028.
- Potential impacts of global economic conditions and trade policies on the export volumes.