In 2023, the import value of worked monumental or building stone to Egypt stood at approximately 27.590 million US dollars. Forecasted values show a steady increase from 2024 through 2028, starting at 28.208 million US dollars in 2024 and reaching 30.734 million US dollars by 2028. Year-on-year, this represents an average annual growth rate of about 2.2% to 2.5%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 2.6%.
Future trends to watch for include:
- Fluctuations in global stone prices, which could impact import costs.
- Economic policies in Egypt that may affect import tariffs or trade regulations.
- Technological advancements in the stone industry that could influence demand.
- Construction activity in Egypt, driven by infrastructure projects, which may increase stone import requirements.
