The import of safety glass to Egypt has exhibited significant fluctuations over the past decade. In 2023, the value stood at 6.5386 million US dollars. The market saw dramatic year-on-year variances, such as a 450.45% increase in 2013 and a 73.52% decline in 2014. The last two years witnessed modest growth, with a 3.41% increase in 2022 and a 3.23% rise in 2023.
Over the past five years, the compound annual growth rate (CAGR) was nearly flat at -0.0031%, indicating overall stagnation in growth. Looking ahead to the next five years, a forecasted CAGR of 2.38% suggests a more stable, yet modest growth trajectory, with an expected total growth rate of 12.49% by 2028.
Future trends to watch for include potential regulatory changes affecting import tariffs, advancements in safety glass technology, and fluctuations in demand due to shifts in the construction and automotive sectors.