Between 2013 and 2023, the import value of copper and articles thereof to Egypt showed significant fluctuations. Starting from $1.034 Billion in 2013, it dropped to $0.86568 Billion by 2015, followed by a dramatic decrease in 2016 at $0.65323 Billion. A resurgence came in 2018 with a 29.92% increase, though a dip occurred again in 2019 and 2020. The import value climbed steadily from 2021 onwards, reaching $0.94154 Billion in 2023. The average compound annual growth rate (CAGR) over this decade varied, with a high of 9.54% in 2015 and contrasting lows, as seen in 2016 with -11.73%.
Significantly, the two years leading to 2023 had moderate increases by 1.76% and 1.69%. The future landscape projected up to 2028 shows a modest and consistent upward trajectory with an average forecasted CAGR of 1.31% and overall growth of 6.74% by 2028.
Future trends to watch for include potential disruptions in global copper supply chains, fluctuations in commodity prices, and the impact of Egypt's economic policies on imports. Monitoring these factors will be crucial in predicting more accurate trends for copper imports in Egypt.
