Based on the provided forecast data, the import of processed cheese to Egypt is expected to increase steadily from $22.178 million in 2024 to $23.929 million by 2028. The data shows a consistent year-on-year growth: 2.03% from 2024 to 2025, 1.95% from 2025 to 2026, 1.88% from 2026 to 2027, and 1.81% from 2027 to 2028. If we consider the past trends from 2023 where the value stood, the Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is around 1.9%.
Future trends to watch for:
- Potential policy changes affecting import tariffs and trade agreements.
- Fluctuations in the local dairy market influencing demand for imported cheese.
- Changing consumer preferences towards healthier or plant-based alternatives.
