The production of alcoholic beverages in Egypt has shown fluctuating trends over the past decade. The actual data from 2014 to 2023 reveals a significant dip in 2015, followed by a steady recovery. By 2023, production reached 307 thousand metric tons, a 1.99% year-on-year increase. The compounded annual growth rate (CAGR) for the last five years stands at 0.8%. The forecast from 2024 to 2028 predicts a moderate CAGR of 1.41%, leading to an overall growth rate of 7.25% within this period.
Future trends to watch for:
- Market adaptations to potential economic shifts and regulatory changes.
- Innovation in product offerings and production efficiencies.
- Increased consumption influenced by tourism and changing domestic preferences.
