Based on the provided forecast data, domestic consumption of palm oil in Egypt is expected to increase steadily from 1.18 million metric tons in 2024 to 1.25 million metric tons in 2028. Comparing previous years, in 2023, the consumption stood at approximately 1.16 million metric tons. The year-on-year variations are positive, with an average annual growth rate of 1.46% from 2024 to 2028.
Future trends to watch for:
• Potential shifts in dietary preferences and health trends that may impact palm oil consumption.
• Regulatory changes or trade policies affecting palm oil imports.
• Developments in sustainable palm oil production and its effect on market dynamics.
