The production of cow milk butter in Egypt stood at 32.12 thousand metric tons in 2023, reflecting a slight year-on-year increase of 0.11%. Over the long term, annual fluctuations were observed, including notable changes such as a 15.93% decrease in 2014 and an 11.67% increase in 2017. The Compound Annual Growth Rate (CAGR) over the past five years up to 2023 was 0.11%, indicative of a relatively stagnant production trend.
Looking ahead, forecasts predict stable but modest growth with a CAGR of 0.09% over the next five years, suggesting production is expected to reach 32.3 thousand metric tons by 2028. The total growth rate over this period is projected to be 0.45%.
Future trends to watch for include:
- Potential impacts of climate change on dairy farming and butter production.
- Technological advancements in dairy farming and processing techniques.
- Market demand shifts, influenced by dietary trends and health considerations.
- Economic policies and their effects on the dairy industry.