The import of Footwear Uppers and Parts Thereof, Except Stiffeners, to Egypt in 2023 was valued at 7.05 million USD. Based on forecasted data, the import value is set to reach 7.3255 million USD in 2024, which represents a year-on-year increase of 3.9%. Continuing this upward trend, the value is expected to reach 7.6237 million USD in 2025, an increase of 4.1% from the previous year, 7.9159 million USD in 2026 (3.8% increase), 8.2023 million USD in 2027 (3.6% increase), and finally reaching 8.4829 million USD in 2028, an increase of 3.4% compared to 2027. The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 stands at an average of 3.8% per year.
Future trends to watch for:
- Fluctuations in international trade policies and tariffs.- Expansion of local manufacturing capabilities in Egypt.- Innovations in footwear materials and design.- Economic conditions in Egypt including consumer spending power.- Global economic factors impacting import/export efficiency.
