Forecast: Value Added by Wholesale, Retail Trade, Restaurants and Hotels in Egypt

The value added by Wholesale, Retail Trade, Restaurants, and Hotels in Egypt has experienced several fluctuations over the past decade. From 2013 to 2023, the value exhibited periods of growth and decline, with notable decreases in 2016 and 2020. By 2023, the value stood at 55.431 Billion US Dollars, an increase of 2.67% year-on-year from 2022. The five-year CAGR leading up to 2023 was 2.95%, reflecting moderate growth in recent years despite some volatility.

Projections indicate a steady increase in value over the next five years, reaching 62.96 Billion US Dollars by 2028, with a five-year CAGR of 2%, suggesting consistent but modest growth.

Future trends to watch for include:

• Impact of economic reforms and government initiatives on the sectors
• Influence of global economic conditions on trade and tourism
• Technological advancements and their adoption within these industries
• Changes in consumer behavior and spending patterns post-pandemic