Based on the provided data, the export value of printing ink other than black from Egypt stood at 3.5426 million USD in 2023. Over the period from 2013 to 2023, the exports have experienced various fluctuations, showing significant increases in certain years (e.g., 2018 with a 49.53% YoY change) and declines in others (e.g., 2017 with a -21.67% YoY change). Notably, the last five years have seen a Compound Annual Growth Rate (CAGR) of 2.15%.
The forecasts for 2024 to 2028 project a steady growth in the export value, with a five-year CAGR of 2.39% indicating a gradual increase. By 2028, the exports are expected to reach 4.1102 million USD, reflecting a 12.54% growth rate over the forecasted period.
Future trends to watch for include:
- Potential market expansions or contractions in key importing countries.
- Impact of technological advancements in the printing industry on ink demand.
- Changes in international trade policies and their effect on export volumes.
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