The import of stone fruit to Egypt has demonstrated considerable volatility over the past decade, fluctuating from year to year. After peaking in 2015, import values dipped in 2016 and drastically in 2017 but rebounded in the subsequent years with a notable increase from 2018 onwards. By 2023, the imports stood at 46.07 million US dollars. The year-on-year growth rates show substantial variances, with significant gains in certain years and substantial drops in others. Over the last two years, there was moderate growth, with variations of 4.28% in 2022 and 4.02% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years was 2.69%.
Future trends to watch for:
- A projected steady increase in imports, with a forecasted CAGR of 2.89% and an overall growth rate of 15.31% over the next five years.
- Factors influencing these trends include potential economic shifts, changes in domestic production, and global supply chain dynamics.
