Forecast: Lemons and Limes Production in Egypt

The production of lemons and limes in Egypt saw a steady increase from 2014 to 2023, with a notable dip in 2020 due to external factors, but it swiftly recovered in the subsequent years. The value in 2023 stood at 378 thousand metric tons, reflecting a year-on-year variation of 1.07%. Over the past five years, the compound annual growth rate (CAGR) stood at 1.26%, showcasing moderate growth.

Future projections for 2024 to 2028 anticipate continued growth, albeit at a slightly reduced pace, with a forecasted 5-year CAGR of 0.8% and an overall growth rate of 4.07% during this period. Production is expected to reach 397.61 thousand metric tons by 2028.

Future trends to watch include potential impacts of climate change on yield, advancements in agricultural technology improving production efficiency, and fluctuations in global demand impacting export potential. Monitoring the socio-economic factors and policy changes within Egypt will also be crucial for accurate future forecasts.

Top Countries about Citrus