Forecast: Import of Kitchen Furniture of Wooden to Egypt

Between 2013 and 2023, the import of wooden kitchen furniture to Egypt saw significant fluctuations. Starting from 213.2 thousand kilograms in 2013, the volume experienced a remarkable growth, especially from 2013 to 2016 with a peak year-on-year increase of 77.77% in 2014 and a CAGR of 48.82% by 2015. However, it faced a decline of 22.82% in 2017. From 2018 onwards, the growth stabilized somewhat, with a CAGR of 5.57% by 2023, reaching 688.01 thousand kilograms.

For future trends, the forecasted data from 2024 to 2028 suggests a moderate growth with a CAGR of 2.75%. By 2028, the imports are expected to increase by about 14.5%. Stakeholders should focus on potential economic and policy changes that can impact the import sector, alongside monitoring global trade conditions and local market demands.