The maize feed market in Egypt has shown fluctuating growth from 2014 to 2023. In 2023, the consumption stood at 7.95 million metric tons, reflecting a year-on-year growth rate of 1.14%. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged at 2.12%, indicating a steady increase. Historical data shows significant year-on-year variations, with the highest growth observed in 2015 at 19.75% and the steepest decline in 2018 at -15.04%.
Future trends to watch for:
- Moderate but stable growth with an expected 5-year CAGR of 0.82% from 2024 to 2028.
- Potential market stabilization around 8.38 million metric tons by 2028.
- Impact of climatic changes and policy shifts on maize production and feed consumption.