The import of vitrifiable enamels and glazes for ceramics and glass to Egypt has shown a gradual decline over the years. In 2023, imports stood at $12.438 million. From 2014 to 2023, there has been a noticeable downward trend, with sharp declines particularly in 2015 and 2020. The compound annual growth rate (CAGR) over the last five years reveals a steady average decline of -5.63% annually.
Looking ahead, forecasts for the next five years predict the continuation of this declining trend, with a CAGR of -6.21% and a projected import value of $8.3783 million by 2028. This represents an overall anticipated decrease of 27.42% from 2023 to 2028.
Future trends to watch for:
- Potential impacts of global economic conditions on import volumes.
- Changes in domestic production capacity for ceramics and glass.
- Shifts in consumer demand and technological advancements in materials.
- Government policies and trade agreements that could affect imports.
