The forecasted palm oil domestic industrial consumption in Egypt from 2024 to 2028 indicates a steady increase from 75.0 thousand metric tons in 2024 to 76.0 thousand metric tons in 2025, maintaining at 76.0 thousand metric tons through 2028. In 2023, the consumption stood at 74.5 thousand metric tons. The year-on-year variation shows a marginal increase of about 1.3% from 2023 to 2024 and a further steady growth of approximately 1.3% from 2024 to 2025. The CAGR over the period from 2023 to 2028 is calculated to be roughly 0.5%, indicating a stable but slow upward trend in consumption.
Future trends to watch for include potential shifts in consumer preferences towards more sustainable and environmentally-friendly products, advancements in palm oil production technology, and changes in trade policies that could affect the import and export dynamics. Monitoring these factors will be crucial for estimating potential adjustments in the consumption forecast beyond 2028.
