Based on the forecasted data, Egypt's corn production is expected to see a gradual increase from 7.2 million metric tons in 2024 to 7.42 million metric tons by 2028. In 2023, the actual production stood at 7.15 million metric tons.
Year-on-year variations in percentage:
- 2024 to 2025: 0.69%
- 2025 to 2026: 0.83%
- 2026 to 2027: 0.68%
- 2027 to 2028: 0.82%
The compound annual growth rate (CAGR) over the forecasted period (2024-2028) is approximately 0.72% per year.
Future trends to watch for include the impact of climate change on agricultural yields, advances in farming technology, and government policies affecting agricultural practices. Monitoring these factors can provide better insights into potential deviations from the forecasted trends.