The coffee market volume in Egypt saw fluctuations between 2014 and 2023, with notable growth year-on-year. As of 2023, the market stood at 31 Thousand Metric Tons, marking a 3.33% increase from the previous year. In 2015, there was a significant surge of 31.82%, whereas in 2016, the volume slightly declined by 6.9%. The Coffee market experienced an overall steady increase with the Compound Annual Growth Rate (CAGR) for the last five years resting at 2.06%.
Moving forward, the market is forecasted to continue on a growth trajectory, reaching 33.24 Thousand Metric Tons by 2028. The projected five-year CAGR is 1.17%, leading to a total growth rate of 5.97%. Considering these projections, the market trends indicate moderate but consistent growth highlighting an evolving consumer preference towards coffee in Egypt.
Future trends to watch for:
- Changes in consumer preferences towards specialty coffees
- Impacts of economic stability on coffee consumption patterns
- Shifts in global coffee prices affecting import volumes and costs
- Influence of marketing strategies by major coffee brands
