The import of molds for glass into Egypt has shown considerable variability from 2013 to 2023. In 2023, the import value stood at 6.8226 million USD. The year-on-year variation from 2022 to 2023 was a modest increase of 0.76%. Over the past five years up to 2023, the compound annual growth rate (CAGR) was 1.83%. The trend has moved from significant fluctuations in the earlier years, such as a high increase of 56.89% in 2014, to a more stabilized growth rate in recent years.
The forecast for the period from 2024 to 2028 indicates a moderate and steady increase, with an average growth rate of 0.61% per year and overall growth of 3.1% over five years. Future trends to watch for include:
- Technological advancements in mold manufacturing.
- Egypt’s industrial policy changes affecting import regulations.
- Global economic conditions influencing trade and manufacturing costs.
- Shifts in demand for glass products locally and internationally.
