The import of copper cathodes and sections of cathodes unwrought to Egypt has exhibited fluctuating trends over the last decade. From a high in 2013, imports significantly dropped until 2016, followed by varied growth rates. The year 2018 saw a notable growth, while 2020 experienced another dip yet recovery commenced again from 2021 onwards. In 2023, the import value stood at $676.53 million.
Year-on-year variations reveal considerable volatility: significant declines in 2014 and 2016, moderate dips in 2019 and 2020, and notable recoveries in 2017, 2018, and 2021. The last two years before 2023 showed modest increases of 2.2% and 2.11%. The 5-year CAGR leading up to 2023 averages at 0.78%.
Looking ahead, forecasts indicate a steady upward trend with import values expected to reach $749.54 million by 2028. The forecasted 5-year CAGR is 1.61%, indicating moderate but stable growth.
Key trends to watch include the stability of copper prices globally, demand within local industries such as electronics and construction, and potential disruptions in global supply chains. Monitoring these factors will be crucial in refining future forecasts.
