The import of fresh apples to Egypt has shown significant fluctuations over the past decade, with a plausible high around the mid-decade. In 2023, the value of imports stood at 271.38 million USD. From abrupt increases like the 45.72% rise in 2015 to sharp declines such as the 33.66% drop in 2017, the market has experienced volatility. Noteworthy stabilized growth was observed in the last five years with a CAGR of around 3.57% from 2018 to 2023.
Looking forward from 2024 to 2028, forecasts suggest a moderate growth rate with a projected CAGR of 1.44%. This more tempered growth is an indication of stabilization in the market.
Future trends to watch for:
- Global supply chain disruptions impacting import values
- Economic fluctuations within Egypt affecting purchasing power
- Government policies related to import tariffs and subsidies
- Consumer preferences shifting towards locally sourced fruits
- Climate change effects on global apple production
