The maize oil market in Egypt experienced periods of significant fluctuation in volumes over the past decade. The market size in 2023 stood at 34 thousand metric tons, showing no year-on-year change from 2021 and 2022. Key growth years included 2015 with a year-on-year increase of 24.14% and 2019 with a 10% increase. Significant declines occurred in 2018, with a 25% decrease, and in 2020, with a 5% drop. The market displayed an average yearly growth rate (CAGR) of 2.53% over the last five years, indicating a relatively stable but slow upward trend.
Future forecasts from 2024 to 2028 predict a steady, though modest, growth in the maize oil market, with a five-year CAGR of 0.38% and an overall growth rate of 1.92%. Emerging trends to watch in the near future include potential developments in agricultural technologies, changes in consumer health preferences, and shifts in policy regulations affecting maize oil production and consumption.
