Forecast: Import of Ships, Boats and Other Floating Structures to Egypt

The forecasted import of ships, boats, and other floating structures to Egypt shows a declining trend from 2024 to 2028, beginning at $121.93 million in 2024 and decreasing to $103.38 million in 2028. This reflects a year-on-year reduction of approximately 2%-4%. Comparing this to the actual value of $126.5 million in 2023, there is a noticeable downward trajectory.

Year-on-year variations indicate a consistent decrease in import value:

- 2025: -3.92%

- 2026: -4.01%

- 2027: -4.08%

- 2028: -4.16%

The Compound Annual Growth Rate (CAGR) over the last five years is -4%, emphasizing the medium-term decline in this market segment.

Future trends to watch for:

- Changing trade policies and tariffs which may impact import costs and volume.

- Advances in local shipbuilding capabilities that could reduce import dependency.

- Fluctuations in the global maritime trade environment affecting demand for shipping vessels.