Fibreboard production in Egypt consistently remained at 18.0 thousand cubic meters from 2013 through 2022. A slight increase emerged in 2023, reaching 18.2 thousand cubic meters, marking a year-on-year change of 1.09%. This increment is a notable departure from the static values observed in the preceding years. The average annual growth rate (CAGR) from 2019 to 2023 is 0.22%.
Looking into the future, the fibreboard production is forecasted to gradually rise, reaching 19.09 thousand cubic meters by 2028. This predicts a 5-year cumulative average growth rate (CAGR) of 0.76%, equivalent to a forecasted growth rate of 3.87% over the same period.
Future trends to watch for include technological advancements in production efficiency, shifts in market demand, and potential policy changes that could impact production volumes. Monitoring these factors will provide valuable insights into the evolving fibreboard market in Egypt.