The freshwater fish production in Egypt has demonstrated a trend of gradual growth over the period from 2014 to 2023, standing at 1.44 million metric tons in 2023. Notably, the period saw considerable fluctuations, with the highest growth observed in 2016 (13.93%) and a notable dip in 2020 (-3.88%). The compound annual growth rate (CAGR) over the last five years up to 2023 was 1.14%, indicating a modest but steady increase.
The forecast for the next five years (from 2024 onwards) predicts a continued upward trend, albeit at a slightly slower pace, with a forecasted CAGR of 0.87% and an overall 5-year growth rate of 4.41% by 2028.
Future Trends to Watch For:
Future trends to watch for include potential advancements in aquaculture technology, policy changes impacting fish farming practices, and environmental factors that could affect fish productivity. Monitoring these aspects will be crucial for anticipating shifts in production volumes.