The import of herbicides, anti-sprouting products, and plant-growth regulators to Egypt is forecasted to grow steadily from 2024 to 2028. In 2023, the import volume stood at 3.9674 million kilograms, witnessing a continuous year-on-year increase. The projections indicate a growth from 4.0506 million kilograms in 2024 to 4.3815 million kilograms in 2028, translating to an average annual growth rate of approximately 2%.
Year-on-year variations for the next five years highlight consistent positive growth:
• 2024 to 2025: 2.1%
• 2025 to 2026: 2.0%
• 2026 to 2027: 1.9%
• 2027 to 2028: 1.9%
The Compound Annual Growth Rate (CAGR) over the forecast period (2024 to 2028) maintains a stable upward trend at 2.0%, reflecting robust demand and the growing importance of these agricultural inputs in Egypt.
Future trends to watch for include the impacts of climate change, shifts in agricultural practices, policy changes regarding agricultural inputs, and potential advancements in alternative sustainable farming technologies that could influence import volumes.
