Forecast: Wheat Consumption in Egypt

In 2023, wheat consumption in Egypt stood at 19.33 million metric tons. The forecasted data for 2024 to 2028 indicates a steady increase each year, reaching 20.33 million metric tons by 2028. The year-on-year variations are as follows over the forecasted period: 2024 sees a 1.03% increase from 2023, 2025 a 1.08% increase from 2024, 2026 a 1.01% increase from 2025, 2027 a 1.00% increase from 2026, and 2028 a 0.94% increase from 2027. The Compound Annual Growth Rate (CAGR) over the last five years averages to a 1.02% increase per annum.

Future trends to watch for include:

  • Changes in agricultural policies and subsidies which may affect wheat production locally and internationally.
  • Economic conditions influencing import capabilities and consumer demand.
  • Technological advancements in agricultural practices and storage facilities that could impact supply stability.
  • Climatic conditions affecting wheat yield in Egypt and major wheat-exporting countries.

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