The demand for coconuts and copra in Egypt has remained stable over the last decade, hovering around 4.0 thousand metric tons since 2018, with minor variations in previous years. In 2023, the demand stood at 4.0 thousand metric tons, the same as it had been since 2018.
Key observations include:
- From 2014 to 2018, demand experienced fluctuations, peaking at 5.0 thousand metric tons in 2015 and 2016 before dropping to 3.0 in 2017 and recovering to 4.0 in 2018.
- Between 2018 and 2023, the demand remained constant at 4.0 thousand metric tons.
- The year-on-year variation in demand for 2023 was 0%, maintaining a flat trend. The compound annual growth rate (CAGR) over the last five years was also 0%.
Future trends to watch for include potential changes in demand driven by fluctuations in global coconut and copra markets, potential shifts in consumer preferences, and any impact from economic or climatic conditions that may affect coconut production globally.
