The import of central heating boilers to Egypt has shown a noticeable downward trend from 2024 to 2028. In 2023, the value stood at $667.9 thousand. The forecasted data indicates a consistent year-on-year decline: from $637.14 thousand in 2024 to $527.61 thousand in 2028. This results in a cumulative average growth rate (CAGR) of approximately -4.57% per year over the five-year period.
Year-on-year variations over the last two years are as follows:
- 2023 to 2024: -4.6%
- 2024 to 2025: -4.4%
- 2025 to 2026: -4.55%
- 2026 to 2027: -4.6%
- 2027 to 2028: -4.8%
Future trends to watch for include potential policy changes in import regulations, shifts in global manufacturing costs, and advancements in alternative heating technologies which could further impact the demand for central heating boilers in Egypt.
