Based on the available data, Egypt's maize demand has shown fluctuations from 2014 to 2023, with an overall increasing trend. In 2023, maize demand stood at 16.27 million metric tons. The periods of rapid growth in 2015 (14.08%) and 2017 (11.91%) were followed by more stable years, including declines in some years like 2018 (-11.11%). The last two years maintained a steady growth with 0.94% in 2022 and 0.92% in 2023.
Looking ahead, the forecasted CAGR for the next five years is 0.66%, indicating moderate growth with the maize demand expected to reach 16.97 million metric tons by 2028.
Future trends to watch for:
- Impact of climatic changes on maize cultivation
- Government policies influencing maize imports
- Technological advancements in agricultural practices
- Fluctuations in regional and global maize prices
