In 2023, the actual production of tow and flax fibre in Egypt stood at [value for 2023] thousand metric tons. Forecasted data suggests a gradual decline from 2024 to 2028. The production is projected to decrease by 1.9% in 2024, 1.8% in 2025, 1.8% in 2026, 2% in 2027, and 1.85% in 2028. Year-on-year, the average annual decline (CAGR) from 2024 to 2028 is approximately 1.86%.
Future trends to watch for:
- Advancements in agricultural practices and technology that could improve flax yield.
- Potential changes in global demand for natural fibers impacting production levels.
- Government policies and incentives aimed at supporting farmers and the textile industry.