Based on available data, Egypt's rice imports demonstrate a consistent year-on-year increase in value from 2024 to 2028. The values, expressed in Million US Dollars, show a steady rise from 74.107 in 2024 to 83.381 in 2028, forecasting a positive growth trend. In 2023, rice imports stood significantly lower, showcasing the beginning of this upward trend.
The year-on-year variation percentages over the last two years (2024-2026) show:
-2024 to 2025: 3.22% increase
-2025 to 2026: 3.06% increase
The Compound Annual Growth Rate (CAGR) over the five-year period (2024 to 2028) is approximately 3.02%, pointing to a moderate but steady annual growth rate.
Future trends to watch for include potential impacts from trade policies, domestic production shifts, and global rice market dynamics. Observing changes in demand patterns within Egypt, driven by population growth and dietary preferences, will also be essential for predicting future import trends.