The forecast for the import of equipment for photographic laboratories to Egypt shows a consistent upward trend from 2024 to 2028, with values rising from 4.0606 million USD in 2024 to 4.5896 million USD by 2028. Compared with the base year, 2023, where the import value stood at 3.925 million USD, the imports are projected to increase annually.
Year-on-year results reveal: - From 2024 to 2025: An increase of approximately 3.35%. - From 2025 to 2026: An increase of approximately 3.19%. - From 2026 to 2027: An increase of approximately 3.02%. - From 2027 to 2028: An increase of approximately 2.88%.
The compounded annual growth rate (CAGR) between 2024 and 2028 stands at about 3.11%, reflecting a moderate but steady growth in the imports of photographic laboratory equipment.
Future trends to watch for: - The evolution of digital photography and advancements in photographic technology may influence import volumes. - Supply chain disruptions or geopolitical changes could affect import patterns. - Changes in local manufacturing capabilities might reduce the reliance on imports.
