From 2013 to 2023, Egypt's IT hardware exports experienced significant fluctuations. Notable peaks include a substantial growth of 569.55% in 2014, driven potentially by a surge in global demand or investments in manufacturing capabilities. However, there were also contractions, such as a -23.73% decline in 2016. Overall, a relatively steady yet moderate growth pattern emerges from 2017 onwards, with minor year-on-year variations.
By 2023, the volume of IT hardware exports stood at 3.13 units. The Compound Annual Growth Rate (CAGR) over the last five years indicates a stable 5.4% increment annually from 2019.
Looking ahead, the forecast suggests cautious optimism for Egyptian IT hardware exports, with a predicted average annual growth rate (CAGR) of 2.8% till 2028, leading to a projected increment of 14.8% in total exports over the next five years. Key trends to monitor include global supply chain adjustments, technological advancements, and shifts in international trade policies, which might influence export dynamics.
