Forecast: Import of Contact Lenses to Egypt

Based on the provided data, the forecasted growth in the import value of contact lenses to Egypt from 2023 to 2027 is as follows (values in Million US Dollars):

  • 2023: $5.039
  • 2024: $5.1402 (2.01% YoY growth)
  • 2025: $5.2393 (1.93% YoY growth)
  • 2026: $5.3364 (1.85% YoY growth)
  • 2027: $5.4316 (1.78% YoY growth)

Over the five-year period from 2023 to 2027, the compound annual growth rate (CAGR) is approximately 1.89%.

Future trends to watch for include advancements in contact lens technology, shifts in consumer behavior towards more frequent use of contact lenses, and potential fluctuations in import regulations and tariffs that could impact the overall import values.

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